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Sold on 01 Aug 2024 - Price Unavailable

1 Jan Street
Newton SA 5074

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 288m2
Land area: 808m2
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Property Details for 1 Jan St, Newton

Building Type
Commercial
Floor Size
288m2
Land Size
808m2
Local Government
Campbelltown
Lot/Plan
A25/F133415

Last Listing description (August 2024)

LJ Hooker Commercial Adelaide are proud to present to the market for sale, 1 Jan Street, Newton via Expression of Interest ending 28th March 2024 at 4:00 p.m.

Unlock the potential of a distinguished commercial property with this iconic former Bank SA branch situated at 1 Jan Street in the heart of Newton. Boasting a rich history and a prime location, this property offers a unique opportunity for entrepreneurs, investors, or those seeking a distinctive space for their business.

Nestled on Jan Street, this property enjoys a strategic location with high visibility and accessibility and the additional benefit from being situated on the outskirts of the Newton Shopping Centre which is anchored by Target and Drakes. Being located next to this bustling neighborhood shopping centre and proximity to other businesses make it an ideal spot for attracting foot traffic and customers.

The interior of the former bank branch offers a versatile layout that can be adapted to suit a variety of business concepts. The spacious banking hall, private offices, and secure vault areas present endless possibilities for retail, office space, or creative ventures.

Key Selling Points:
Quality construction
Prime position
Adjacent Newton Shopping Centre
6 on-site car parks
Excellent exposure
Suitable for a wide range of uses (STCC)
808 sqm* allotment
288 sqm* Gross building area
Zoned Suburban Activity Centre - SAC
Zero Stamp Duty in South Australia

Offered with Vacant Possession via and Expressions of Interest ending 28th March 2024 at 4:00 p.m.

For further information contact Mark Tettis 0433 139 892 or Claude Buccella 0419 394 110

*Approximate

** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.

Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

RLA 231 015

Property History for 1 Jan St, Newton, SA 5074

A timeline of how this property has performed in the market
Last Sold
01 Aug 2024
  • 01 Aug 2024
    Sold for $2,200,000
  • 29 Feb 2024
    Listed for Sale Contact Agent
  • 30 Jun 2014
    Transferred
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About Newton 5074

The size of Newton is approximately 2.2 square kilometres. It has 13 parks covering nearly 6.6% of total area. The population of Newton in 2011 was 4,665 people. By 2016 the population was 4,786 showing a population growth of 2.6% in the area during that time. The predominant age group in Newton is 40-49 years. Households in Newton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newton work in a professional occupation. In 2011, 71.4% of the homes in Newton were owner-occupied compared with 70.6% in 2016.

Newton has 2,692 properties. Over the last 5 years, Houses in Newton have seen a 80.02% increase in median value, while Units have seen a 76.32% increase. As at 30 September 2024:

  • The median value for Houses in Newton is $927,162 while the median value for Units is $568,402.
  • Houses have a median rent of $600 while Units have a median rent of $598.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Newton on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Newton.

Suburb Insights for Newton 5074

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Contact agent
Claude Buccella
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Mark Tettis
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LJ Hooker Commercial Adelaide
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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.