614 South RoadGlandore SA 5037
Property Details for 614 South Rd, Glandore
614 South Rd, Glandore is a 18 bedroom, 7 bathroom Unit with 5 parking spaces. The property has a land size of 992m2. While the property is not currently for sale or for rent, it was last sold in November 2009.
Last Listing description (June 2018)
Offering great exposure on one of Adelaides major thoroughfares, Main South Road, take advantage of this rare chance to secure a high profile, immeasurably valuable property. As a fantastic inclusion for your superfund or the crown jewel in your property portfolio, take the time to stop and look at this!
Located just 3 kilometres from Adelaide's CBD, the space is currently utilized as an accommodation business, offering very high yields, as well as offices for a number of other businesses. In a great location, near to tram and bus routes, along with being just minutes away from a large supermarket and department store.
Can be secured with vacant possession or a lease in place to the current occupiers with an 8% return.
Facilities and features include:
18 Rooms
Computer with internet available in foyer
Photocopying, Fax and Printing Facilities
Public Transport -Tram(stop 6) Bus(stop 7) within 20 metres
Location 3km's from the city
Fully secured private residency
Full Laundromat-coin operated commercial appliances, washers, dryer and ironing
Fully Furnished rooms with bar fridge, desk, robe, bed, bed side table, air conditioning, wireless internet connection.
Showers, toilets, vanity wash rooms, fully tiled facilities
Dining Area & Commercial Kitchen
Outdoor landscaped area including BBQ, tables and chairs undercover
Car Parking
Non Smoking
Disabled Facilities
Call Victor Velgush for more details today.
RLA 217 949
Property History for 614 South Rd, Glandore, SA 5037
- 13 Jul 2015Listed for Rent - Price not available
- 08 Sep 2014Listed for Sale $2,000,000 - 2,200,000
- 24 Nov 2009Sold for $560,000
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About Glandore 5037
The size of Glandore is approximately 1.1 square kilometres. It has 4 parks covering nearly 5.4% of total area. The population of Glandore in 2011 was 2,837 people. By 2016 the population was 2,963 showing a population growth of 4.4% in the area during that time. The predominant age group in Glandore is 20-29 years. Households in Glandore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glandore work in a professional occupation. In 2011, 59.5% of the homes in Glandore were owner-occupied compared with 60.4% in 2016.
Glandore has 1,406 properties. Over the last 5 years, Houses in Glandore have seen a 89.65% increase in median value, while Units have seen a 69.92% increase. As at 30 September 2024:
- The median value for Houses in Glandore is $1,092,536 while the median value for Units is $518,989.
- Houses have a median rent of $635 while Units have a median rent of $420.
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