OFF MARKET

17 Hackney Road
Hackney SA 5069

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 609m2
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Property Details for 17 Hackney Rd, Hackney

Building Type
Commercial
Year Built
1950
Floor Size
100m2
Land Size
609m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A9/F100579

Last Listing description (October 2022)

The Ray White Norwood Commercial team as the exclusive marketing agents are thrilled to offer for sale this premium city fringe site at 17-23 Hackney Rd & 2-4 Westbury St Hackney.

A significant corner site boasting a prime land holding of 1,990* square metres over 3x titles. The total property comprises a two level office building with 463* square meters of building area (Hackney House), World class function centre with 935* square meters of building area (Ellington Centre) and open space carpark situated on 412sqm* of land.

Directly facing the picturesque Adelaide Botanic Gardens and only seconds away from Adelaide's Popular East End.

17-23 Hackney Rd & 2-4 Westbury St provides astute investors the ability to acquire a fully leased income generating asset with exciting future redevelopment potential.

Key Property Highlights:
Total Passing Net income of $309,728.65
strategic land holding of 1,990sqm*
- 3x certificates of title
- 3x street frontages from Hackney Road, Westbury Street & Keble Lane
Zoned Suburban Business
Significant future development potential
Prestigious Hackney address
No GST or Stamp Duty applicable on the transaction

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Norwood RLA 278530

Property History for 17 Hackney Rd, Hackney, SA 5069

A timeline of how this property has performed in the market
Last Transferred
21 Jun 2017
Listed for Rent
$422/w
11 Jan 2011
  • 18 Aug 2022
    Listed for Sale Contact Agent
  • 05 Oct 2020
    Listed for Rent $20,000 / year
  • 09 Dec 2019
    Listed for Rent $20,000 / year
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About Hackney 5069

The size of Hackney is approximately 0.5 square kilometres. It has 1 park covering nearly 1.9% of total area. The population of Hackney in 2011 was 639 people. By 2016 the population was 566 showing a population decline of 11.4% in the area during that time. The predominant age group in Hackney is 20-29 years. Households in Hackney are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hackney work in a professional occupation. In 2011, 42% of the homes in Hackney were owner-occupied compared with 40.9% in 2016.

Hackney has 419 properties. Over the last 5 years, Houses in Hackney have seen a 64.84% increase in median value, while Units have seen a 72.05% increase. As at 31 October 2024:

  • The median value for Houses in Hackney is $1,401,401 while the median value for Units is $587,192.
  • Houses have a median rent of $463 while Units have a median rent of $295.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Hackney on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Hackney.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.