21 North TerraceHackney SA 5069
Property Details for 21 North Tce, Hackney
Last Listing description (November 2023)
21 North Terrace represents the opportunity to develop or invest within walking distance of Adelaide's popular East End. The property comprises a total site area of 580sqm* and offers 3 valuable street frontages. Currently utilised as a 25-space parking facility, 21 North Terrace is leased to multiple tenants on a monthly basis, providing valuable holding income. The site offers close access to the Adelaide Botanic Gardens, National Wine Centre and Rundle Street's retail and dining precinct. Zoned Suburban Business, the property accommodates a range of consulting, retail, residential and office outcomes (stnc).
Colliers International is pleased to present the opportunity to purchase 21 North Terrace, Hackney, with the following key attributes:
580sqm* development site
3 street frontages
25 car parks
Valuable holding income
Zoned Suburban Business
*approx.
For sale by Private Treaty.
To arrange an inspection or for more information please contact Colliers as the exclusive selling agents.
Property History for 21 North Tce, Hackney, SA 5069
- 15 Dec 2023Sold for $1,050,000
- 17 Jul 2023Listed for Sale $1,100,000
- 06 May 2008Sold for $750,000
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0About 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 418 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.
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