324 Port RoadHindmarsh SA 5007
Property Details for 324 Port Rd, Hindmarsh
Last Listing description (October 2021)
UNDER CONTRACT
A fantastic commercial opportunity located on Adelaide's western gateway with all the benefits that came from the Port Road/ South Road upgrade (i.e. The Torrens Road to River Torrens Project, DPTI) including free-flowing road traffic, middle lane car parking and an increase in pedestrian traffic.
Zoned within a flexible Suburban Activity Centre (Z5705) that encourages "an impressive, active and attractive frontage to Port Road and the maximization of pedestrian access and amenity", its immediate surroundings are retail shops, cafs, restaurants, take-away shops, offices, pubs and medical centres as well as Adelaide's iconic Entertainment Centre and City Tram Line just 2 minutes' walk.
Note: This property is not walk-in ready and requires some works. The rear portion of the building is not considered feasible for repair and is recommended to be demolished while the original front section (solid brick construction) can be renovated to suit your specific use.
With 6.1 full glass frontage to Port Road and no set back, there is a massive scope to develop and build at the rear of the property and maximise the use of the land.
Features of the property include:
- Land size: 325sqm*
- Frontage: 6.1m*
- Building Area: 165.9 sqm*
- Zoned: District Centre (Hindmarsh Policy Area)
Make a time with the appointed Agents to meet onsite to inspect and discuss
Property Code: 2023
Property History for 324 Port Rd, Hindmarsh, SA 5007
- 22 Oct 2021Sold - Price Undisclosed
- 03 Mar 2021Listed for Sale UNDER CONTRACT
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0About Hindmarsh 5007
The size of Hindmarsh is approximately 0.9 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Hindmarsh in 2011 was 156 people. By 2016 the population was 210 showing a population growth of 34.6% in the area during that time. The predominant age group in Hindmarsh is 20-29 years. Households in Hindmarsh are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Hindmarsh work in a professional occupation. In 2011, 38.2% of the homes in Hindmarsh were owner-occupied compared with 40.8% in 2016..
Hindmarsh has 576 properties. Over the last 5 years, Houses in Hindmarsh have seen a 80.97% increase in median value, while Units have seen a 76.91% increase. As at 30 November 2024:
- The median value for Houses in Hindmarsh is $986,260 while the median value for Units is $698,632.
- Units have a median rent of $450.
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