OFF MARKET

12-18 David Witton Drive
Noarlunga Centre SA 5168

Bedrooms: -
Bathrooms: -
Car spaces: 231
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Property Details for 12-18 David Witton Dr, Noarlunga Centre

Building Type
Commercial
Local Government
Onkaparinga
Lot/Plan
A2/D17962

Last Listing description (June 2022)

Prized Metropolitan Retail/Mixed Use Investment

Colliers and Leedwell are proud to act as joint and exclusive agents for the freehold sale of 12-18 David Witton Drive, Noarlunga Centre, South Australia.
A prized, modern and 100% fully let multi-tenanted metropolitan retail/mixed-use investment opportunity within the heart of the retail hub of the southern suburbs.

Colliers and Leedwell highlight the following key investment attributes of 12-18 David Witton Drive:

Retail/commercial centre comprising 8 separate tenancies.
Large site area of 15,071sqm contained within 4 Certificates of Title.
Estimated net passing income of $1,618,000 (as at 15 May 2021).
Long WALE (5 years).
Diverse tenancy mix including government & national retail tenants accounting for 90% of the income.
Corner site with 3 substantial frontages totalling 447.5m to David Witton Drive, Seaman Road and James Clark Road.
22.98% population increase anticipated by 2036 (208,707 residents) (City of Onkaparinga 2020).
Under the DPI zoned Urban Activity Centre within the City of Onkaparinga.

Colliers & Leedwell have been appointed to offer for sale 12-18 David Witton Drive, Noarlunga via an Expression of Interest campaign closing Thursday 10 June at 3:00pm (ACST).

Alistair Mackie +61 412 817 977
Jordan Schmidt + 61 403 422 762
Andrew Zammit +61 417 814 398
Steve Smith + 61 410 532 022

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Property History for 12-18 David Witton Dr, Noarlunga Centre, SA 5168

A timeline of how this property has performed in the market
Last Transferred
20 Feb 2009
  • 08 Jun 2022
    Sold - Price Undisclosed
  • 10 May 2021
    Listed for Sale Please contact agent
  • 08 Jul 2019
    Listed for Rent $67,130 pa +GST
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About Noarlunga Centre 5168

The size of Noarlunga Centre is approximately 1.1 square kilometres. It has 3 parks covering nearly 1.4% of total area. The population of Noarlunga Centre in 2011 was 109 people. By 2016 the population was 209 showing a population growth of 91.7% in the area during that time. The predominant age group in Noarlunga Centre is 30-39 years. Households in Noarlunga Centre are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Noarlunga Centre work in a labourer occupation. In 2011, 60.6% of the homes in Noarlunga Centre were owner-occupied compared with 50% in 2016.

Noarlunga Centre has 139 properties. Over the last 5 years, Houses in Noarlunga Centre have seen a 115.82% increase in median value, while Units have seen a 118.57% increase. As at 30 November 2024:

  • The median value for Houses in Noarlunga Centre is $565,276 while the median value for Units is $538,330.
  • Units have a median rent of $305.
There are currently 1 property listed for sale, and no properties listed for rent in Noarlunga centre on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Noarlunga centre.

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