36 John Rice Ave, Elizabeth Vale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 794m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Colliers International is pleased to present the opportunity to purchase 36-40 John Rice Avenue, Elizabeth Vale.
This strategically located development site is positioned adjacent to northern metropolitan Adelaide s premier hospital precinct that includes the Lyell McEwin Hospital, medical centre, specialists and clinics, medical imaging and retail.
The property will appeal to passive investors and developers seeking to redevelop the assets.
The size of Elizabeth Vale is approximately 2.5 square kilometres. It has 11 parks covering nearly 28.4% of total area. The population of Elizabeth Vale in 2011 was 3,589 people. By 2016 the population was 4,065 showing a population growth of 13.3% in the area during that time. The predominant age group in Elizabeth Vale is 0-9 years. Households in Elizabeth Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth Vale work in a labourer occupation. In 2011, 45.8% of the homes in Elizabeth Vale were owner-occupied compared with 46.3% in 2016.
Elizabeth Vale has 1,615 properties. Over the last 5 years, Houses in Elizabeth Vale have seen a 150.95% increase in median value, while Units have seen a 110.60% increase. As at 31 October 2024:
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