SOLD
RECENT ADVICE
Sold on 14 Nov 2024 for $1,326,000

416 Magill Road
Kensington Gardens SA 5068

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 800m2
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Property Details for 416 Magill Rd, Kensington Gardens

Building Type
Commercial
Land Size
800m2
Local Government
Burnside
Lot/Plan
A70/F140231

Last Listing description (August 2020)

The space offers a flexible space which combines its classic character exterior with a crisp, contemporary interior to create a truly desirable opportunity.

The tenancy is situated in the centre of the highly sought-out location of the Eastern suburbs, just minutes from the CBD to offer the perfect balance between city and suburban lifestyle. The opportunity is accessible with local amenities at its footsteps, including proximity to public transport, retail shops and restaurants.


A truly malleable space, 416 Magill Road is flexible to suit any opportunity.

Please contact Georgia on 0443 727 729 to arrange an inspection.

Property History for 416 Magill Rd, Kensington Gardens, SA 5068

A timeline of how this property has performed in the market
Last Sold
$1,326,000
14 Nov 2024
Listed for Rent
$250/w
10 Aug 2020
  • 14 Nov 2024
    Sold for $1,326,000
  • 08 Oct 2019
    Listed for Rent - Price not available
  • 02 Aug 1995
    Sold for $145,000

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About Kensington Gardens 5068

The size of Kensington Gardens is approximately 1.1 square kilometres. It has 1 park covering nearly 16.2% of total area. The population of Kensington Gardens in 2011 was 2,340 people. By 2016 the population was 2,449 showing a population growth of 4.7% in the area during that time. The predominant age group in Kensington Gardens is 20-29 years. Households in Kensington Gardens are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kensington Gardens work in a professional occupation. In 2011, 65.5% of the homes in Kensington Gardens were owner-occupied compared with 64.2% in 2016.

Kensington Gardens has 1,262 properties. Over the last 5 years, Houses in Kensington Gardens have seen a 77.42% increase in median value, while Units have seen a 64.46% increase. As at 31 October 2024:

  • The median value for Houses in Kensington Gardens is $1,629,202 while the median value for Units is $660,036.
  • Houses have a median rent of $690 while Units have a median rent of $510.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Kensington gardens on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Kensington gardens.

Suburb Insights for Kensington Gardens 5068

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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.