8/552 Greenhill RoadHazelwood Park SA 5066
Property Details for 8/552 Greenhill Rd, Hazelwood Park
Last Listing description (July 2022)
Best Offer on or before the 29th April 2022 12 noon Secure investment! Let this Eastern suburbs commercial property be your entry into the commercial market. Or expand your portfolio. The floor area is approximately 44 square metres. The shop is amid other vibrant business, excellent exposure and it offers excellent daily walk by trade.
The current rental P/A is $11,399.94c.
Unit 8 part of a Strata Titled complex. Positioned at corner of Greenhill and Glynburn Road.
Outgoings and lease term.
Council rates per annum. $895.40
E&WS rates per annum $568.00
Strata fees per quarter $697.32
Lease term - Ends 31st October 2022.
Unit 8 is being sold as a going concern. The buyer will have no GST or stamp duty on the purchase of this commercial property.
Property History for 8/552 Greenhill Rd, Hazelwood Park, SA 5066
- 29 Mar 2022Listed for Sale Expressions of Interest
- 08 Aug 2017Listed for Rent $10,819 / year
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About Hazelwood Park 5066
The size of Hazelwood Park is approximately 0.9 square kilometres. It has 5 parks covering nearly 17% of total area. The population of Hazelwood Park in 2011 was 1,969 people. By 2016 the population was 1,863 showing a population decline of 5.4% in the area during that time. The predominant age group in Hazelwood Park is 40-49 years. Households in Hazelwood Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hazelwood Park work in a professional occupation. In 2011, 76.9% of the homes in Hazelwood Park were owner-occupied compared with 79.6% in 2016.
Hazelwood Park has 903 properties. Over the last 5 years, Houses in Hazelwood Park have seen a 73.93% increase in median value, while Units have seen a 52.73% increase. As at 31 October 2024:
- The median value for Houses in Hazelwood Park is $1,700,134 while the median value for Units is $630,285.
- Houses have a median rent of $740 while Units have a median rent of $490.
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