SOLD
Sold on 31 Oct 2024 for $2,500,000

11 Tooronga Avenue
Edwardstown SA 5039

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 704m2
Land area: 1148m2
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Property Details for 11 Tooronga Ave, Edwardstown

Building Type
Commercial
Floor Size
704m2
Land Size
1148m2
Local Government
Marion
Lot/Plan
A22/F12147

Last Listing description (September 2009)

QUALITY REFURBISHED OFFICE WAREHOUSE
• LAND AREA 1148 SQM (APPROX)
• BUILDING AREA 704 SQM (APPROX)

• TWO STREET FRONTAGES
• PERFECT OWNER OCCUPIER OPPORTUNITY EITHER THE WHOLE OR PART
THE IMPROVEMENTS TO THE PROPERTY COMPRISE AN EXTENSIVELY REFURBISHED 1960'S OFFICE WAREHOUSE OF 704 SQUARE METRES OR THEREABOUTS. THE SITE IS ''L'' SHAPED GIVING VALUABLE REAR ACCESS FROM KONANDO TERRACE TO A SECURE HOLDING YARD OR ADDITIONAL PARKING AS WELL AS A REAR ENTRANCE TO THE WAREHOUSE. THIS REAR ACCESS IS CURRENTLY USED AS SEPARATE STORAGE AND IS PARTITIONED OFF FROM THE REAR OF THE MAIN WAREHOUSE.
A REFURBISHED FAÇADE INCLUDING NEW ALUMINIUM WINDOWS FRONTING TOORONGA AVENUE GIVE THE OFFICE AREAS PLENTY OF NATURAL LIGHT AND ALLOW AN OPEN PLAN OR DIVISION INTO SMALLER OFFICE AREAS.
THE WAREHOUSE HAS A MINIMUM CLEARANCE OF 3.3 METRES OR THEREABOUTS TO THE OUTSIDE WALLS RISING TO A MAXIMUM CLEARANCE OF 4.5 METRES OF THEREABOUTS.
THE CURRENT OWNERS HAVE ADDED NEW AMENITIES AND KITCHEN AREAS TO THE NORTHERN SIDE OF THE BUILDING.
BILL NORMAN 0412 972 589 TIM PHILLIPS 0413 871 183

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Property History for 11 Tooronga Ave, Edwardstown, SA 5039

A timeline of how this property has performed in the market
Last Sold
$2,500,000
31 Oct 2024
Listed for Rent
$997/w
18 Jun 2009
  • 31 Oct 2024
    Sold for $2,500,000
  • 17 Sep 2009
    Sold for $847,000
  • 19 Jun 2009
    Listed for Sale Not Disclosed
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About Edwardstown 5039

The size of Edwardstown is approximately 2.3 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Edwardstown in 2011 was 3,948 people. By 2016 the population was 4,324 showing a population growth of 9.5% in the area during that time. The predominant age group in Edwardstown is 20-29 years. Households in Edwardstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edwardstown work in a professional occupation. In 2011, 51.6% of the homes in Edwardstown were owner-occupied compared with 50.2% in 2016.

Edwardstown has 2,588 properties. Over the last 5 years, Houses in Edwardstown have seen a 85.76% increase in median value, while Units have seen a 84.30% increase. As at 30 November 2024:

  • The median value for Houses in Edwardstown is $903,126 while the median value for Units is $583,166.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and no properties listed for rent in Edwardstown on OnTheHouse. According to CoreLogic's data, 91 properties were sold in the past 12 months in Edwardstown.

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