OFF MARKET

153-165 Henley Beach Road
Mile End SA 5031

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 17697m2
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Property Details for 153-165 Henley Beach Rd, Mile End

Building Type
Commercial
Land Size
17697m2
Local Government
West Torrens
Lot/Plan
A530/D43016

Last Listing description (December 2021)

- Two shops 55 sqm* and 156 sqm*
- Option to divide the larger tenancy
- Best exposure in the centre

- Suitable for Food & Beverage
- Just 10 minutes from the CBD
- Would suit a variety of operators
- Plans for modern refurbishment of the centre

Torrensville Plaza presents an incredible opportunity to establish your business in one of Adelaide's premier shopping centres in the west. The centre is prominently located on Henley Beach Road and benefits from exposure to over 28,000* cars daily.

Currently operating are various successful and longstanding operators such as Drakes Supermarket, Westpac Bank, Torrensville Plaza Newsagency, Australia Post, Teeze Hair & Beauty, Hang Bakery, TerryWhite Chemart, SA Fresh Fruit & Veg and more.

Shop H of 156 sqm* has arguably the best exposure at the centre on Henley Beach Road. The shop presents a prime opportunity for a F&B operator; It has three frontages across the car park, includes amenities and the shop can be divided.

Shop E of 55 sqm* is located by an entrance benefiting from great foot traffic. It provides a 'warm shell' and will suit a variety of operators.

For more information or to book an inspection of Torrensville Plaza, 153-165 Henley Beach Road, Mile End, please contact Saxon Smith of McGees Property (RLA 1722).

(* approx.)

Property History for 153-165 Henley Beach Rd, Mile End, SA 5031

A timeline of how this property has performed in the market
Listed for Rent
$30k/w
13 Oct 2023
  • 09 Aug 2013
    Listed for Rent - Price not available

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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 2,325 properties. Over the last 5 years, Houses in Mile End have seen a 79.98% increase in median value, while Units have seen a 64.57% increase. As at 31 October 2024:

  • The median value for Houses in Mile End is $1,117,164 while the median value for Units is $573,978.
  • Houses have a median rent of $620 while Units have a median rent of $515.
There are currently 12 properties listed for sale, and 5 properties listed for rent in Mile end on OnTheHouse. According to CoreLogic's data, 108 properties were sold in the past 12 months in Mile end.

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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.