OFF MARKET

296 Brighton Road
North Brighton SA 5048

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2124m2
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Property Details for 296 Brighton Rd, North Brighton

Building Type
Commercial
Land Size
2124m2
Local Government
Holdfast Bay
Lot/Plan
A5/D5642

Last Listing description (November 2019)

JLL is pleased to present for sale by public auction 296 Brighton Road, North Brighton.

Situated on a high profile land rich site, North Brighton is one of Adelaides prestige beachside suburbs. The property comprises a group of retail shops over two separate buildings with ample onsite car parking. Currently configured as seven retail tenancies each with rear loading and shop fronts to busy Brighton Road, providing excellent exposure.



The investment provides a diverse mix of long-standing tenants including retail, food and beverage and homewares. Recent redevelopments of the major shopping centres in the area plus several smaller new developments along Brighton Road reinforces the precinct as a desirable retail strip.

This is a great opportunity to secure a freehold retail investment and we outline the key property highlights below:
Fully leased retail shops
High profile main road site of 1,979 sqm*
Estimated net income $155,900 per annum* (plus GST)
Over 37,300* vehicles passing daily
Zoned Local Centre City of Holdfast Bay

This offering presents an extremely rare opportunity to acquire a fully leased retail investment. We strongly recommend for your consideration, offered for sale by public Auction held onsite Thursday 28 November 2019 at 11am.

*Approximate

JLL RLA 1842

Property History for 296 Brighton Rd, North Brighton, SA 5048

A timeline of how this property has performed in the market
Last Sold
$2,630,000
13 Feb 2020
Listed for Rent
$364/w
03 Jul 2020
  • 13 Feb 2020
    Sold for $2,630,000
  • 08 Nov 2019
    Listed for Sale Contact Agent
  • 22 Mar 1999
    Sold for $406,000

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About North Brighton 5048

The size of North Brighton is approximately 1.2 square kilometres. It has 3 parks covering nearly 3.9% of total area. The population of North Brighton in 2011 was 2,152 people. By 2016 the population was 2,279 showing a population growth of 5.9% in the area during that time. The predominant age group in North Brighton is 50-59 years. Households in North Brighton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Brighton work in a professional occupation. In 2011, 81% of the homes in North Brighton were owner-occupied compared with 78.6% in 2016.

North Brighton has 969 properties. Over the last 5 years, Houses in North Brighton have seen a 93.82% increase in median value, while Units have seen a 105.75% increase. As at 30 September 2024:

  • The median value for Houses in North Brighton is $1,366,162 while the median value for Units is $793,570.
  • Houses have a median rent of $750 while Units have a median rent of $605.
There are currently 4 properties listed for sale, and 1 property listed for rent in North brighton on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in North brighton.

Suburb Insights for North Brighton 5048

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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.