135 Henley Beach RoadMile End SA 5031
Property Details for 135 Henley Beach Rd, Mile End
Last Listing description (November 2023)
Positioned along one of Adelaide's premier main arterial roads, connecting South Australia's popular coastline directly with the Adelaide CBD, 135 Henley Beach Road enjoys fantastic exposure and accessibility in a popular inner metro precinct.
Comprising two levels of commercial/retail space, the property includes three tenancies with only one currently vacant, offering opportunity for investors to add genuine value or for owner occupiers looking to establish their business in the inner west with supportive cashflow.
Positioned on approximately 664sqm of land area the property also includes valuable onsite car parking for approximately 10 vehicles and sits within the Urban Corridor (Main Street) zone, envisaging building heights up to 4 levels and a range of suitable uses (stnc) including commercial, retail, medical and residential.
Key details include:
266sqm* of building area
Building is currently 56% occupied
Valuable holding income and cashflow
664sqm* of land holding
Zoned Urban Corridor (Main Street)
Valuable onsite parking for approx. 10 vehicles
Prominent location just 2km* from Adelaide CBD and the RAH
Building height up to 4 levels (stnc)
Offered for sale by Expressions of Interest closing 3:00pm (ACST) Thursday, July 13.
For further information, or to arrange an inspection, please contact the Colliers Team.
Property History for 135 Henley Beach Rd, Mile End, SA 5031
- 19 Oct 2023Sold for $1,600,000
- 15 Jun 2023Listed for Sale Please contact agent
- 10 Jun 2020Listed for Rent $300 / year
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About Mile End 5031
The size of Mile End is approximately 1.8 square kilometres. It has 4 parks covering nearly 1.3% of total area. The population of Mile End in 2011 was 4,412 people. By 2016 the population was 4,447 showing a population growth of 0.8% in the area during that time. The predominant age group in Mile End is 20-29 years. Households in Mile End are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mile End work in a professional occupation. In 2011, 51.9% of the homes in Mile End were owner-occupied compared with 51.3% in 2016.
Mile End has 2,327 properties.
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