SOLD
Sold on 14 Aug 2024 for $10,340,000

28-32 Grove Avenue
Marleston SA 5033

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12850m2
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Property Details for 28-32 Grove Ave, Marleston

Building Type
Commercial
Land Size
12850m2
Local Government
West Torrens
Lot/Plan
A83/F7055

Last Listing description (October 2023)

Colliers is pleased to present for sale this exceptional future development site at 28-32 Grove Avenue, Marleston.

Located on the western side of Grove Avenue, 5 kilometres* from the CBD and Adelaide Airport. The property provides easy access to the surrounding areas and major arterial roads including Richmond Road, Anzac Highway, South Road and Sir Donald Bradman Drive.

- Large secure, sealed site of 12,890 square metres* (1.29ha)

- Former cross docking facility of 3,583 square metres*
- Frontages to Grove Avenue and Barnes Avenue
- B-double rated access from Grove Avenue
- Workshop, wash-bay, in-ground fuel tank and bowser
- Multiple roller doors and panel lift doors including at grade loading dock area
- Two-story office building with large amenities
- Exceptional infill future development site (STCA)
- Strategic Employment zone within the City of West Torrens

For Sale by Expression of Interest closing Thursday 19 October at 12pm (ACDT).

For more information or to arrange an inspection, please contact the exclusive listing agents at Colliers.

*Approximately.
**Outlines indicative only.

Property History for 28-32 Grove Ave, Marleston, SA 5033

A timeline of how this property has performed in the market
Last Sold
$10,340,000
14 Aug 2024
  • 14 Aug 2024
    Sold for $10,340,000
  • 26 Sep 2023
    Listed for Sale Please contact agent
  • 22 Feb 1995
    Sold for $1,650,000

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About Marleston 5033

The size of Marleston is approximately 1 square kilometres. It has 2 parks covering nearly 3.3% of total area. The population of Marleston in 2011 was 1,668 people. By 2016 the population was 1,857 showing a population growth of 11.3% in the area during that time. The predominant age group in Marleston is 20-29 years. Households in Marleston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marleston work in a professional occupation. In 2011, 50.4% of the homes in Marleston were owner-occupied compared with 51.6% in 2016.

Marleston has 1,165 properties. Over the last 5 years, Houses in Marleston have seen a 66.59% increase in median value, while Units have seen a 70.23% increase. As at 30 November 2024:

  • The median value for Houses in Marleston is $916,593 while the median value for Units is $490,166.
  • Houses have a median rent of $640 while Units have a median rent of $475.
There are currently no properties listed for sale, and 2 properties listed for rent in Marleston on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Marleston.

Suburb Insights for Marleston 5033

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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.