OFF MARKET

2 Islington Court
Dudley Park SA 5008

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1269m2
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Property Details for 2 Islington Ct, Dudley Park

Building Type
Commercial
Year Built
2013
Land Size
1269m2
Local Government
Port Adelaide Enfield
Lot/Plan
A2/D86764

Last Listing description (April 2019)

JLL is pleased to present for sale 2 Islington Court, Dudley Park; an impressive, modern office warehouse of 806 square metres (approx.) with appealing streetscape and superb quality finishes throughout.

Located in the Dudley Park Business Park, approximately 4.5 kilometres north of the Adelaide CBD, the property provides great links to major arterial roads such as Grand Junction Road, Churchill Road, South Road, Gallipoli Drive and Main North Road (Princes Highway).


The property is surrounded by other newly constructed and well-presented industrial properties.

The Business Park is home to a number of corporate and national occupiers including Gilbarco Veeder-Root, Courier Luggage, Total Rubber, Tip Top Electrical, Zap Energy Solutions, Powercell & Force Elite Academy

We outline the key property highlights below:
- Superb quality office warehouse of 806 square metres (approx.)
- Valuable Torrens title allotment 1,271 square metres (approx.)
- Full pre-cast concrete construction with high clearance warehouse (7.6m) of 719 square metres (approx.) and corporate quality office of 87 square metres (approx.)
- Secure, fenced site with generous on-site parking
- Holding income until December 2019 leased to GNB Industrial Power.
- Potential building depreciation benefits

The property provides valuable holding income through to December 2019, making the offering an ideal consideration for businesses looking to occupy, as well as investors looking for income, while renegotiating or finding a new tenant for the property.
We strongly recommend this high quality offering for your consideration.

The property is offered for sale by Expressions of Interest closing 4pm Thursday 14 March 2019.

For more information, or to arrange an inspection of the property, please contact the exclusive selling agent JLL.

JLL
RLA1842

Property History for 2 Islington Ct, Dudley Park, SA 5008

A timeline of how this property has performed in the market
Last Sold
$1,350,000
01 May 2019
  • 01 May 2019
    Sold for $1,350,000
  • 11 Feb 2019
    Listed for Sale SOLD - $1,350,000

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About Dudley Park 5008

The size of Dudley Park is approximately 0.8 square kilometres. It has 4 parks covering nearly 9.7% of total area. The population of Dudley Park in 2011 was 399 people. By 2016 the population was 634 showing a population growth of 58.9% in the area during that time. The predominant age group in Dudley Park is 50-59 years. Households in Dudley Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dudley Park work in a professional occupation. In 2011, 39.9% of the homes in Dudley Park were owner-occupied compared with 43.8% in 2016.

Dudley Park has 392 properties. Over the last 5 years, Houses in Dudley Park have seen a 85.60% increase in median value, while Units have seen a 82.37% increase. As at 30 September 2024:

  • The median value for Houses in Dudley Park is $768,483 while the median value for Units is $471,801.
There are currently 1 property listed for sale, and no properties listed for rent in Dudley park on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Dudley park.

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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.