OFF MARKET

2 Robe Terrace
Medindie SA 5081

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2020m2
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Property Details for 2 Robe Tce, Medindie

Building Type
Land
Year Built
2006
Land Size
2020m2
Local Government
Walkerville
Lot/Plan
A2/D57588

Last Listing description (September 2021)

CBRE are proud to present 1-15, 19 Main North Road and 2 Robe Terrace, Medindie to market via an Expression of Interest campaign.

1-15, 19 Main North Road and 2 Robe Terrace Medindie offers a landmark development opportunity in the tightly held and exclusive suburb of Medindie. With multiple access points and street frontages, this truly is a blank canvass for a development to transform the area. This high exposure site attracts over 50,000 daily vehicles along its Main North Road Frontage and over 25,000 along Robe Terrace. The site is approximately 2.5km's north from the Adelaide CBD, 1.8km's from the iconic Adelaide Oval and just over 800 metres from the elite private college Wilderness School. Given the sites size, access and surroundings this opportunity offers the purchaser a once in a lifetime opportunity.


The opportunity has been broken into three allotments and the vendor welcomes offers for individual allotments or to the entirety.

Allotment One 2 Robe Terrace, Medindie
Site Area 2,020 sqm*
Show Room consisting of 103 NLA*
Frontages of 61.5 metres* to Main North Road and 35.5 metres* to Robe Terrace
Zoned Mixed Use Walkerville Council

Allotment Two 1-15 Main North Road, Medindie
Site Area 8,718 sqm*
Multileveled showroom, office and workshop of 3,791 NLA*
Frontages of 147 metres* to Main North Road and 38.5 metres* to Darling Street
Zoned Mixed Use Walkerville Council

Allotment Three - 19 Main North Road, Medindie - UNDER CONTRACT
Site Area 2,129 sqm*
Functional workshop of 868 NLA*
Frontage of 20 metres* to Main North Road
Zoned Mixed Use Walkerville Council

For Sale - please contact the exclusive listing agents

*approximately

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Property History for 2 Robe Tce, Medindie, SA 5081

A timeline of how this property has performed in the market
Last Sold
$12,000,000
28 Sep 2018
  • 29 Apr 2020
    Listed for Sale Contact Agent
  • 28 Sep 2018
    Sold for $12,000,000

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About Medindie 5081

The size of Medindie is approximately 0.7 square kilometres. The population of Medindie in 2011 was 1,128 people. By 2016 the population was 1,187 showing a population growth of 5.2% in the area during that time. The predominant age group in Medindie is 10-19 years. Households in Medindie are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Medindie work in a professional occupation. In 2011, 87.4% of the homes in Medindie were owner-occupied compared with 86.9% in 2016.

Medindie has 468 properties. Over the last 5 years, Houses in Medindie have seen a 87.63% increase in median value, while Units have seen a 72.45% increase. As at 30 September 2024:

  • The median value for Houses in Medindie is $2,247,873 while the median value for Units is $762,297.
  • Houses have a median rent of $913.
There are currently no properties listed for sale, and 2 properties listed for rent in Medindie on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Medindie.

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