AUCTION CANCELLED - SOLD PRIOR TO AUCTION
LJ Hooker Commercial is proud to present to the market 13 Magazine Road and Lots 76&77 Pratt Street, Dry Creek.
The property offers an exciting opportunity to acquire a well-positioned industrial investment in the area of well-regarded area of inner-north industrial precinct of Dry Creek. Improved on the site is an office/ warehouse suitable for owner occupiers or investors alike.
The property is located twelve (12) kilometers* north of the Adelaide CBD within a well-established inner-northern industrial precinct with access to major transport routes.
The property features the following key characteristics:
Currently leased
Frontages to both Magazine Road and Pratt Street
Proximity to the Northern Connector motorway
High clearance office/warehouse facility
Substantial value add opportunity
547 sqm of combined office/warehouse
13 on-site car parks
Zoned Strategic Employment SE
2,041 sqm allotment* across four Certificates of Title
AUCTION CANCELLED - SOLD PRIOR TO AUCTION
For further information contact Mario Bonomi 0412 080 993 or Mark Tettis 0433 139 892
*Approximate
** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 231 015
The size of Dry Creek is approximately 26.7 square kilometres. It has 6 parks covering nearly 8.2% of total area. The population of Dry Creek in 2011 was 198 people. By 2016 the population was 201 showing a population growth of 1.5% in the area during that time. The predominant age group in Dry Creek is 20-29 years. Households in Dry Creek are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dry Creek work in a machinery operators and drivers occupation. In 2011, 62.5% of the homes in Dry Creek were owner-occupied compared with 57.4% in 2016.
Dry Creek has 460 properties. Over the last 5 years, Houses in Dry Creek have seen a 90.09% increase in median value, while Units have seen a 104.60% increase. As at 31 October 2024:
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