SOLD
Sold on 31 May 2024 for $4,600,000

8 The Parade W
Kent Town SA 5067

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 992m2
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Property Details for 8 The Parade W, Kent Town

Building Type
Commercial
Year Built
1998
Land Size
992m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A4/F110085

Last Listing description (December 2016)

Prominently located in the Rundle Street East precinct, this stand alone building provides a high level of amenity for both staff and clients.
This building is undergoing a complete tranformation with the replacement of all major services and a full external makeover.
The premises will provide quality finishes, comfortable levels of natural light and an overall presentation which exudes 'style and class'.

Areas from 112sq m - 333sq m available.

Property History for 8 The Parade W, Kent Town, SA 5067

A timeline of how this property has performed in the market
Last Sold
$4,600,000
31 May 2024
Listed for Rent
13 Nov 2017
  • 31 May 2024
    Sold for $4,600,000
  • 20 Jul 2015
    Listed for Rent - Price not available
  • 29 Apr 2015
    Listed for Rent - Price not available
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About Kent Town 5067

The size of Kent Town is approximately 0.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Kent Town in 2011 was 1,199 people. By 2016 the population was 1,234 showing a population growth of 2.9% in the area during that time. The predominant age group in Kent Town is 20-29 years. Households in Kent Town are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kent Town work in a professional occupation. In 2011, 34.3% of the homes in Kent Town were owner-occupied compared with 35% in 2016.

Kent Town has 1,141 properties. Over the last 5 years, Houses in Kent Town have seen a 74.80% increase in median value, while Units have seen a 56.17% increase. As at 30 November 2024:

  • The median value for Houses in Kent Town is $1,661,597 while the median value for Units is $684,989.
  • Houses have a median rent of $610 while Units have a median rent of $600.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Kent town on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Kent town.

Suburb Insights for Kent Town 5067

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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.