SOLD
Sold on 28 Nov 2023 for $5,725,000

5-6 Acorn Court
Dry Creek SA 5094

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4892m2
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Property Details for 5-6 Acorn Ct, Dry Creek

Building Type
Commercial
Year Built
2011
Land Size
4892m2
Local Government
Port Adelaide Enfield
Lot/Plan
A27/D11007

Last Listing description (August 2023)

The property provides a multi-tenanted low site coverage industrial holding over three titles and three street frontages.

There are various repositioning angles for the site including resetting existing leases and or redeveloping the whole or portion of the site.


The site configuration provides full drive through ability between Acorn Court and Cavan Road, highly attractive for any future master-planned redevelopment and occupiers.

- Sitting tenants; ASW Diesel Pty Ltd, Adelaide Truck Centre, AR Logistics Pty Ltd and Superior Food Group Pty Ltd
- Total Land Area 32,743sqm* (over 3 Certificates of Title)
- Combined GLA 6,717sqm*
- Three Street frontages to Cavan Road, Duncan Road & Acorn Court
- All access points being Road Train approved thoroughfares
- Low site coverage ratio of 20%*
- Zoning: SE - Strategic Employment
- No Stamp Duty

For Sale by Expressions of Interest closing Thursday 18th May 2023 at 4pm (ACST)

*approximately

Property History for 5-6 Acorn Ct, Dry Creek, SA 5094

A timeline of how this property has performed in the market
Last Sold
$5,725,000
28 Nov 2023
Listed for Rent
06 Jul 2015
  • 28 Nov 2023
    Sold for $5,725,000
  • 18 Apr 2023
    Listed for Sale Contact Agent
  • 28 Feb 2015
    Listed for Rent - Price not available
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About Dry Creek 5094

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:

  • The median value for Houses in Dry Creek is $672,373 while the median value for Units is $521,809.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Dry creek on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Dry creek.

Suburb Insights for Dry Creek 5094

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.