OFF MARKET

1B Park Street
Hyde Park SA 5061

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 50m2
Land area: 50m2
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Property Details for 1b Park St, Hyde Park

Building Type
Commercial
Floor Size
50m2
Land Size
50m2
Local Government
Unley

Last Listing description (October 2021)

Ray White Commercial | Adelaide Asset Management is delighted to offer for sale 1B Park Street, Hyde Park (Also known as 5/276 Unley Road, Hyde Park) by Public Auction on 24th September 2021 at 11.00am.

This magnificent property was built circa 1900 and comprises a solid stone and red brick freestanding studio building.


The property comprises a very unique strata titled commercial building generating a net income of approximately $18,520 pa plus GST.

The property is securely leased for a five (5) year period commencing 14 May 2021.

This is an extremely rare and affordable investment opportunity located in one of Adelaide's most prestigious retail locations.

For a copy of the Information Memorandum, please contact Ian Lambert on 0413 155 665 or Tali Willcox on 0434 303 458.

Property History for 1b Park St, Hyde Park, SA 5061

A timeline of how this property has performed in the market
Listed for Rent
04 Feb 2016
  • 31 Aug 2021
    Listed for Sale PUBLIC AUCTION 24/09/2021 at 11.00am
  • 05 Jan 2016
    Listed for Rent - Price not available
  • 14 Oct 2015
    Listed for Sale Not Disclosed
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About Hyde Park 5061

The size of Hyde Park is approximately 0.6 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Hyde Park in 2011 was 1,781 people. By 2016 the population was 1,654 showing a population decline of 7.1% in the area during that time. The predominant age group in Hyde Park is 40-49 years. Households in Hyde Park are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hyde Park work in a professional occupation. In 2011, 65.6% of the homes in Hyde Park were owner-occupied compared with 71.9% in 2016.

Hyde Park has 1,063 properties. Over the last 5 years, Houses in Hyde Park have seen a 66.41% increase in median value, while Units have seen a 76.64% increase. As at 30 November 2024:

  • The median value for Houses in Hyde Park is $2,054,685 while the median value for Units is $768,963.
  • Houses have a median rent of $753 while Units have a median rent of $530.
There are currently 2 properties listed for sale, and 2 properties listed for rent in Hyde park on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Hyde park.

Suburb Insights for Hyde Park 5061

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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.