OFF MARKET

53-55 Scotland Road
Mile End South SA 5031

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 10669m2
Land area: 16300m2
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Property Details for 53-55 Scotland Rd, Mile End South

Building Type
Commercial
Floor Size
10669m2
Land Size
16300m2
Local Government
West Torrens

Last Listing description (May 2015)

Prime inner western location, only 3kms* from the Adelaide Fringe CBD, which has undergone significant redevelopment over recent years.
The property is currently disposed as an office warehouse measuring 10,669sqm*. The improvements are of older style, however they remain functional.
With approximately 80% of the building becoming vacant, the opportunity exists to commence planning for redevelopment or continue to lease the existing improvements.

The site measures 16,140sqm* thus providing a significant opportunity to re-position or redevelop.
*Approx.
Expression of Interest closing at 4pm, 16th December 2014

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Property History for 53-55 Scotland Rd, Mile End South, SA 5031

A timeline of how this property has performed in the market
Listed for Rent
23 Sep 2015
  • 05 Dec 2014
    Listed for Sale Not Disclosed
  • 05 Dec 2014
    Listed for Rent - Price not available
  • 18 Nov 2014
    Listed for Sale Not Disclosed

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About Mile End South 5031

The size of Mile End South is approximately 0.7 square kilometres. The population of Mile End South in 2006 was 284 people. By 2016 the population was 21 showing a population decline of 92.6% in the area during that time. The predominant age group in Mile End South is 30-39 years. Households in Mile End South are primarily childless couples and are likely to be repaying $1200 - $1400 per month on mortgage repayments. In general, people in Mile End South work in a clerical occupation..

Mile End South has 179 properties. Over the last 5 years, Units in Mile End South have seen a 3.78% increase in median value. As at 30 November 2024:

  • The median value for Houses in Mile End South is $921,992 while the median value for Units is $753,454.
There are currently no properties listed for sale, and no properties listed for rent in Mile end south on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Mile end south.

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