102 Eastern ParadeGillman SA 5013
Property Details for 102 Eastern Pde, Gillman
Last Listing description (August 2023)
UNDER CONTRACT
The site occupies a prime corner allotment with over 375 metres* of road frontage with two crossovers. Existing on site is a series of eight (8) industrial buildings that include substantial office and amenities spaces combined with heavy duty external storage areas for a total gross floor area of 8,250 square metres*.
The property itself is located in Gillman, a core industrial suburb within the inner northern industrial precinct of Adelaide and is home to major corporate users including Toll, Symons Clark, Kerry Logistics, Scotts Transport and HiTrans Express. Gillman is arguably one of the most strategically located industrial suburbs with easy access to road, rail and port infrastructure making it popular amongst owner occupiers, institutional investors and developers.
With two existing Certificates of Title and overall scale of the site, a realignment or further sub-division of the site would provide potential value add opportunities. This is further aided by the current site coverage which sits at 19%* giving scope for additional development subject to council approvals.
Should you wish to arrange inspection or would like any further information please do not hesitate to contact the listing agents.
*Approximately.
**Outlines indicative only.
Property History for 102 Eastern Pde, Gillman, SA 5013
- 19 Mar 2020Listed for Sale UNDER CONTRACT
- 29 Apr 2019Listed for Sale Not Disclosed
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About Gillman 5013
The size of Gillman is approximately 3.9 square kilometres. It has 1 park. The population of Gillman in 2011 was 1,293 people. By 2016 the population was 86 showing a population decline of 93.3% in the area during that time. The predominant age group in Gillman is 10-19 years. Households in Gillman are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gillman work in a labourer occupation. In 2011, 40.8% of the homes in Gillman were owner-occupied compared with 81.5% in 2016..
Gillman has 339 properties. Over the last 5 years, Houses in Gillman have seen a 113.49% increase in median value. As at 31 October 2024:
- The median value for Houses in Gillman is $706,049 while the median value for Units is $609,037.
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