8-16 Richard StreetHindmarsh SA 5007
Property Details for 8-16 Richard St, Hindmarsh
8-16 Richard St, Hindmarsh is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 5747m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in December 2007.
Last Listing description (January 2008)
Exceptional Office/Warehouse Facility Leased to National Tenant
Modern office/warehouse facility leased to National Tenant.
Site Area:
• 3,991 sqm approx (subject to surevey).Location:.
• This property is well located only 2 kilometres west from Adelaide's CBD in the suburb of Hindmarsh.Improvements:
• Erected on the site is a modern office/warehouse facility that is currently used by the current tenant for records storage.
• Overall the improvements provide excellent clearance, two street access (Richard & Adam Street) good on site loading and ample on site parking.
• The improvements offer an excellent standard of accommodation and would suit a wide variety of uses (STCC).
Additional Details: Tenant:
• Ausdoc Information Management Pty Ltd.Lease Term:
• Twelve (12) years.Rights of Renewal:
• Six (6) years plus six (6) years.Commencement Date:
• 12 April 2001.Rental:
• $310,454 per annum net (exclusive of GST).Rental Review:
• Annual increases by 3% per annum with market reviews due April 2008 and at each renewal.
Total Area: 3991 m2
Site Area: 5749 m2
EOI Due Date: 31/10/2007-16:00:00
Property History for 8-16 Richard St, Hindmarsh, SA 5007
- 19 Dec 2007Sold for $4,600,000
- 02 Nov 2007Listed for Sale Not Disclosed
- 02 Oct 2007Listed for Sale Not Disclosed
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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 571 properties. Over the last 5 years, Houses in Hindmarsh have seen a 76.87% increase in median value, while Units have seen a 61.77% increase. As at 30 September 2024:
- The median value for Houses in Hindmarsh is $936,484 while the median value for Units is $685,775.
- Units have a median rent of $450.
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