Property Details for 79 Hampstead Rd, Manningham
Last Listing description (April 2023)
The team at Jump Property are proud to present to a fantastic commercial opportunity. Occupy or invest or occupy one of these and lease the remaining space; these 3 x offices or shop fronts could also be used as deli, food business or retail spaces.
It is business as usual with the current tenants both of which are on periodic leases.
Sited on the corner of Hampstead Road & Benjamin Street, this location offers great exposure to passing traffic and the branding opportunities for these offices/shops cannot be overlooked.
The corner property has been upgraded to include solar system, security cameras / system, LED signage, window display. U2/79 features a lightbox for after-hours branding to Hampstead Road traffic.
Currently disposed as 2 x leases both tenancies are on a periodic lease allowing the savvy investor an opportunity to negotiate new terms and pick up a potential rent increase along the way.
Inspection is strictly by appointment with the agent only.
Call Kevin from Jump Property today on 0432 375 216 RLA 260 752
*** Every effort has been made to verify details, specifications and features of the property, potential buyers and investors should make their own enquiries and carry out their own due diligence prior to purchasing any property. Seek advice from your accountant on the potential implications of investing. ***
Property History for 79 Hampstead Rd, Manningham, SA 5086
- 30 Mar 2023Listed for Sale Contact Agent
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About Manningham 5086
The size of Manningham is approximately 0.6 square kilometres. It has 2 parks covering nearly 4.4% of total area. The population of Manningham in 2011 was 1,295 people. By 2016 the population was 1,308 showing a population growth of 1.0% in the area during that time. The predominant age group in Manningham is 30-39 years. Households in Manningham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Manningham work in a professional occupation. In 2011, 74.7% of the homes in Manningham were owner-occupied compared with 72.9% in 2016.
Manningham has 635 properties. Over the last 5 years, Houses in Manningham have seen a 83.66% increase in median value, while Units have seen a 90.58% increase. As at 31 October 2024:
- The median value for Houses in Manningham is $1,025,132 while the median value for Units is $481,451.
- Houses have a median rent of $595 while Units have a median rent of $283.
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