3-11 Nile StreetGlenelg SA 5045
Property Details for 3-11 Nile St, Glenelg
Last Listing description (June 2022)
Unique opportunity to secure an old world charm tenancy in the heart of Glenelg and at an affordable rental.
This tenancy offers beautiful Street appeal with large window frontage that soaks up the morning sunshine. Recently refurbished at the rear and freshly painted throughout, this space is a blank canvas waiting for someone with interior flair to make it into something extraordinary.
Ideally suitable for small boutique ladies or mens fashion, shoe retailer, jeweller, art studio etc.
Oversized rear door with screen door, disabled access at the front, internal amenities, concrete flooring throughout.
Property Use: Retail
Area: 71 sqm Approx.
Parking: 2 Reserved car spaces
Rental: $29,500 pa plus GST
Outgoings: Lessee is responsible for their portion of outgoings being 10.10% and are in addition to the rent. Outgoings are currently estimated at $413.68 per calendar month plus GST for the 2021/2022 financial year.
Lease Type: Direct lease
Lease Term: Minimum 3 years
Availability: June 2022
TAPLIN GROUP OF COMPANIES - RLA 282228
Property History for 3-11 Nile St, Glenelg, SA 5045
- 11 May 2022Listed for Rent $29,500 / year
- 02 Dec 2015Listed for Rent $42,000 / year
- 11 Oct 2014Listed for Rent $21,360 / year
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0About Glenelg 5045
The size of Glenelg is approximately 1 square kilometres. It has 5 parks covering nearly 6.3% of total area. The population of Glenelg in 2011 was 3,447 people. By 2016 the population was 3,345 showing a population decline of 3.0% in the area during that time. The predominant age group in Glenelg is 60-69 years. Households in Glenelg are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glenelg work in a professional occupation. In 2011, 46.5% of the homes in Glenelg were owner-occupied compared with 49.3% in 2016.
Glenelg has 3,450 properties. Over the last 5 years, Houses in Glenelg have seen a 74.38% increase in median value, while Units have seen a 78.55% increase. As at 31 December 2024:
- The median value for Houses in Glenelg is $1,733,069 while the median value for Units is $764,622.
- Houses have a median rent of $630 while Units have a median rent of $525.
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