131 Portrush RoadEvandale SA 5069
Property Details for 131 Portrush Rd, Evandale
Last Listing description (July 2018)
Colliers International is pleased to present the opportunity to purchase 131 Portrush Road, Evandale. This asset provides an outstanding, well located, adaptable commercial opportunity recently converted to a restaurant situated amongst the desirable eastern suburbs.
We draw your attention to the property's key investment features:
Recently refurbished improvements of approximately 240 square metres*
Excellent corner allotment with dual frontage to both Portrush Road and Edward Street
Valuable on-site car parking for up to 10 vehicles, with an abundance of street parking available
Zoned Local Commercial within the City of Norwood, Payneham and St Peters
Currently disposed as a restaurant with potential to convert to office, retail, professional and health services
Offered with vacant possession providing ultimate flexibility
*approx
For sale by Public Auction to be held on-site Thursday 31st May at 10.00am (ACST).
To arrange an inspection or for more information, please contact Colliers International as the exclusive selling agents:
Jack Dyson +61 448 685 593
Tom Isaksson +61 422 154 570
Oliver Totani +61 412 808 743
Property History for 131 Portrush Rd, Evandale, SA 5069
- 22 Aug 2018Transferred for $920,000
- 04 Apr 2018Listed for Sale Not Disclosed
- 03 Apr 2017Listed for Sale Auction at a date to be announced (USP)
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0About Evandale 5069
The size of Evandale is approximately 0.4 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Evandale in 2011 was 1,331 people. By 2016 the population was 1,392 showing a population growth of 4.6% in the area during that time. The predominant age group in Evandale is 30-39 years. Households in Evandale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Evandale work in a professional occupation. In 2011, 65.5% of the homes in Evandale were owner-occupied compared with 62.9% in 2016.
Evandale has 656 properties. Over the last 5 years, Houses in Evandale have seen a 66.43% increase in median value, while Units have seen a 63.29% increase. As at 31 October 2024:
- The median value for Houses in Evandale is $1,386,168 while the median value for Units is $536,510.
- Houses have a median rent of $555 while Units have a median rent of $378.
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