215 Magill RoadMaylands SA 5069
Property Details for 215 Magill Rd, Maylands
215 Magill Rd, Maylands is a bedroom, bathroom House and was built in 1905. The property has a land size of 1251m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
Last Listing description (March 2017)
Colliers International are privileged to offer for sale by way of Public Auction this sensational commercial opportunity located at 215 Magill Road, Maylands.
215 Magill Road provides a rare opportunity to purchase a significant land holding on one of Adelaide s most sort after transport corridors. The highly exposed site sits within the hub of what is a thriving mixed use precinct, home to a number of users including professional services, medical, retailers, and cafes/restaurants all whilst being a short walk to the ever popular The Parade, Norwood.
Colliers International takes the opportunity to highlight the following key purchasing considerations;
- Flexible improvements of 200sqm* offering potential to reposition
- Highly exposed site with 27m* of frontage to Magill Road
- Zoned Local Commercial to suit professional and local service amenities
- Perfectly located less the 5kms to the Adelaide CBD and metres to The Parade, Norwood
- Physical characteristics are well suited to both refurbishment or full redevelopment
- Will suit Owner Occupiers, Speculative Investors and Developers
Not often do commercially zoned opportunities along Magill Road with such well suited characteristics become available, Colliers International has no hesitation recommending this outstanding opportunity for your most genuine consideration.
215 Magill Road, Maylands will be offered For Sale by way of Public Auction onsite at 11am Wednesday the 23rd of November 2016.
Form 1 and Sale Contract Documentation are available upon request from the sole selling agents and will be on display at the offices of Colliers International within 2 business from the date of the Auction.
*Approximately
Property History for 215 Magill Rd, Maylands, SA 5069
- 05 Jan 2017Sold for $1,370,000
- 24 Oct 2016Listed for Sale Not Disclosed
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About Maylands 5069
The size of Maylands is approximately 0.5 square kilometres. It has 2 parks covering nearly 2% of total area. The population of Maylands in 2011 was 1,506 people. By 2016 the population was 1,492 showing a population decline of 0.9% in the area during that time. The predominant age group in Maylands is 40-49 years. Households in Maylands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maylands work in a professional occupation. In 2011, 62.2% of the homes in Maylands were owner-occupied compared with 64% in 2016.
Maylands has 782 properties. Over the last 5 years, Houses in Maylands have seen a 69.74% increase in median value, while Units have seen a 72.33% increase. As at 31 August 2024:
- The median value for Houses in Maylands is $1,515,587 while the median value for Units is $629,486.
- Houses have a median rent of $738 while Units have a median rent of $450.
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