Property Details for 248 Unley Rd, Hyde Park
Last Listing description (June 2022)
Prominent Unley Road Exposure
A high-profile opportunity with a prime Unley Road frontage.
On offer is G.02, an enormous 366.64m2 corner space with the potential to divide into two for the right tenant and G.01, a sizeable 164m2 space.
The owner is offering a fitout contribution to suitable tenant with good lease terms as well as a 2 hour free initial design meeting to help tailor the internal fitout design.
Ideally, we are looking for a restaurant, bar or food operator for the corner premises as flues are already installed and a grease trap available.
The location speaks for itself and from a retail perspective is outstanding. Situated on the Western side of Unley Road, less than 2 kilometres south of the Adelaide CBD in the prestigious inner-suburb of Hyde Park, both with ceilings over 3.5m high and floor to ceiling glass window frontages.
The 366.64m2 space sits on the corner of Unley Road & Opey Avenue with an even more significant double frontage, an ideal showroom, restaurant, retail space or office with the convenience of off-street, underground parking.
Right within the hustle and bustle, close to Unley Shopping Centre, this contemporary new build awaits brand new tenants, with 65 residential apartments above and 8 townhouses at the rear of the site.
Prominent location on Unley Road
Less than 2 kilometres* from the Adelaide CBD
2 separate tenancies of 166m2 and 70m2 space
Dual street frontages to Unley Road and Opey Avenue
Rare opportunities in a highly sought after Unley Road precinct
Occupation can be in April / May 2021 for fit out
Building completion is anticipated to be 1st August 2021
Brand new building, fit out to be negotiated
4 off-street underground car parks
Private washroom
Minimum 3.5m ceilings
Please note: Spaces G.03a, G.04a & G.05a are no longer available.
For information or to inspect please call Ford Nicholas on 0400 658 628 or ford@prorealty.com.au
Property History for 248 Unley Rd, Hyde Park, SA 5061
- 23 Nov 2020Listed for Rent - Price not available
- 06 Nov 2019Listed for Sale $575,000 - $595,000
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0About 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.
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