SOLD
Sold on 28 Jun 2024 for $930,000

48 Everard Avenue
Keswick SA 5035

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 479m2
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Property Details for 48 Everard Ave, Keswick

Building Type
Commercial
Land Size
479m2
Local Government
West Torrens
Lot/Plan
A75/F19512

Last Listing description (March 2023)

Belle Property Commercial Adelaide is delighted to offer 48 Everard Avenue, Keswick to the market For Sale. The property presents as an extremely rare and unique opportunity to invest into the inner Adelaide market and acquire a strategic freehold F&B business in a location set to experience significant growth in the short term to medium term.

Opportunities such as this so close to Adelaide's CBD are seldom seen and we strongly recommend you consider its key characteristics as summarised below:

Popular retail premises held by the same family operators for over 50 years

Trading as Sylvia's Lunch Bar, an institution to the local area
Popular city fringe location
3.6km from the Adelaide GPO
Ideal for owner occupiers or investors
Site Area 430 sqm (approx.)
Includes complete commercial kitchen fit out
Valuable corner site with flexible proactive planning regulations
Area undergoing major growth
Easy access to public transport and major infrastructure
Offered with Vacant Possession

This exceptional opportunity in tightly held Keswick is comprised within one Certificate of Title devoid of any easements or encumbrances, and is being offered for sale with vacant possession.

This is one for the investor or owner occupier looking to reinvigorate a property with so much underlying potential.

For further information, contact the exclusive selling agents below:
David Buenfeld
Peter Theo

*Approx

RLA 287133

Property History for 48 Everard Ave, Keswick, SA 5035

A timeline of how this property has performed in the market
Last Sold
$930,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $930,000
  • 13 Sep 2022
    Listed for Sale Contact Agent
  • 17 Mar 2005
    Sold for $300,000

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About Keswick 5035

The size of Keswick is approximately 0.6 square kilometres. It has 1 park covering nearly 2.3% of total area. The population of Keswick in 2011 was 680 people. By 2016 the population was 763 showing a population growth of 12.2% in the area during that time. The predominant age group in Keswick is 20-29 years. Households in Keswick are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Keswick work in a professional occupation. In 2011, 50.2% of the homes in Keswick were owner-occupied compared with 45.7% in 2016.

Keswick has 612 properties. Over the last 5 years, Houses in Keswick have seen a 75.98% increase in median value, while Units have seen a 65.17% increase. As at 30 November 2024:

  • The median value for Houses in Keswick is $1,041,877 while the median value for Units is $459,001.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 1 property listed for sale, and 1 property listed for rent in Keswick on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Keswick.

Suburb Insights for Keswick 5035

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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.