SOLD
Sold on 04 Apr 2024 for $1,298,000

262 South Road
Hilton SA 5033

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 331m2
Land area: 697m2
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Property Details for 262 South Rd, Hilton

Building Type
Land
Floor Size
331m2
Land Size
697m2
Local Government
West Torrens
Lot/Plan
A114/D32555

Last Listing description (March 2024)

Fully Approved Land for Two-Storey Office with Parking and Landscaping

This land is primed and ready for the construction of an impressive two-storey office in a prime location on South Road, with full council approval.

If you're in search of a remarkable property with substantial potential, this is the opportunity you've been waiting for. Located prominently on South Road, this site features extensive improvements and holds great promise for investors, owner-occupiers, and value-driven developers.

Key Features:

High-Profile Location: Positioned on South Road, this property benefits from a prominent location with an impressive daily traffic count of over 36,700 vehicles. Your business will enjoy exceptional visibility and accessibility.

Generous Space: Spanning approximately 697 sqm, this property is well-suited for various purposes, including offices, showrooms, and warehouses. The property's high-yield investment returns make it a "going concern," ensuring a quick sale, which adds to its appeal.

Flexible Zoning: This property falls under flexible commercial zoning within the City of West Torrens, offering a wide range of potential usage options. This adaptability is perfect for creative development and repositioning.

Endless Possibilities: With a total of 697 sqm of improvements, you'll discover a versatile mix of showroom, office, and storage spaces, all accompanied by ample on-site parking. This property is prepared to adapt to your vision.

Prime Location: Just 2.5 km from the heart of Adelaide's CBD and a short walk from the Mile End Homemaker Centre, this property is strategically positioned to serve a diverse customer base.

The vendor is highly motivated to sell, and the opportunity is yours to make an offer today. Don't let this exceptional chance slip through your fingers. Contact Jacky Yang now to explore and secure this property's potential for your future.

Enquire Today!
Don't miss the opportunity to embrace this highly-exposed commercial site on South Road. Inquire now for more details.

*Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Property History for 262 South Rd, Hilton, SA 5033

A timeline of how this property has performed in the market
Last Sold
$1,298,000
04 Apr 2024
Listed for Rent
30 Aug 2016
  • 04 Apr 2024
    Sold for $1,298,000
  • 27 Mar 2024
    Listed for Sale Not Disclosed
  • 19 Oct 2023
    Listed for Sale Best Offer by 4th of November 2023 6:00PM (USP)
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About Hilton 5033

The size of Hilton is approximately 0.4 square kilometres. It has 1 park covering nearly 1.6% of total area. The population of Hilton in 2011 was 831 people. By 2016 the population was 845 showing a population growth of 1.7% in the area during that time. The predominant age group in Hilton is 20-29 years. Households in Hilton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hilton work in a professional occupation. In 2011, 55.8% of the homes in Hilton were owner-occupied compared with 55.4% in 2016.

Hilton has 526 properties. Over the last 5 years, Houses in Hilton have seen a 86.28% increase in median value, while Units have seen a 62.03% increase. As at 31 October 2024:

  • The median value for Houses in Hilton is $1,056,765 while the median value for Units is $518,144.
  • Houses have a median rent of $550 while Units have a median rent of $278.
There are currently 3 properties listed for sale, and no properties listed for rent in Hilton on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Hilton.

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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.