24-28 Briens RoadNorthfield SA 5085
Property Details for 24-28 Briens Rd, Northfield
Last Listing description (August 2024)
RWC Adelaide, in conjunction with Burgess Rawson are pleased to offer to the market the Mobil X Convenience located at 24-36 Briens Road (Cnr Lang Street), Northfield (Adelaide) SA for sale via our Investment Auction Portfolio 169.
This opportunity has the following key investment highlights:
+ Fifteen (15) year lease to 2036 plus two (2) further ten (10) year options to 2056.
+ Landlord-favourable lease terms with tenant responsible for all usual outgoings including Insurance and Management Fees but excluding Land Tax.
+ IMPORTANT: Tenant owns and is responsible to monitor, maintain, service, repair & replace all fuel equipment.
+ Freestanding convenience retail asset constructed in 2021, offering significant depreciation benefits.
+ High-profile corner site with extensive frontage and exposure to Briens Road, a major Adelaide commuter road servicing over 31,000 vehicles per day.***
+ Gepps X Home HQ, Woolworths DC, McDonald's, KFC, Adelaide Super-Drome and the $90M SA Police Barracks (under construction) all within 1.3km*.
+ Strategically positioned within Northern Adelaide's premier educational corridor, directly opposite Roma Mitchell Secondary College, which serves over 1,300 students, and within a 3-kilometer radius of 25 schools catering to more than 22,500 full-time students.***
+ Northfield: City fringe metro Adelaide growth suburb, with median house prices up 12%* (in the past 12 months) to $725,000.****
+ City of Port Adelaide Enfield: South Australia's 3rd largest LGA (current population of 135,844), generating $11.2 billion in Gross Regional Product (GRP) with an estimated 85,525 jobs in the area.*****
+ Stamp duty free investment.
+ Estimated Net Income: $316,273 pa* + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 26 June 2024
Melbourne, Crown Casino, River Room
*Approx
**Subject to ACCC Approval
*** GapMaps
****Realestate.com.au
*****Economy.id
Property History for 24-28 Briens Rd, Northfield, SA 5085
- 26 Jun 2024Sold
- 29 May 2024Listed for Sale Auction
- 04 Dec 2018Transferred
Commute Calculator
Recent sales nearby
See more recent sales nearbySimilar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Northfield 5085
The size of Northfield is approximately 2.2 square kilometres. It has 16 parks covering nearly 12.3% of total area. The population of Northfield in 2011 was 3,860 people. By 2016 the population was 4,642 showing a population growth of 20.3% in the area during that time. The predominant age group in Northfield is 30-39 years. Households in Northfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Northfield work in a professional occupation. In 2011, 51.2% of the homes in Northfield were owner-occupied compared with 52.7% in 2016.
Northfield has 1,966 properties. Over the last 5 years, Houses in Northfield have seen a 73.28% increase in median value, while Units have seen a 81.30% increase. As at 31 July 2024:
- The median value for Houses in Northfield is $794,645 while the median value for Units is $486,494.
- Houses have a median rent of $580 while Units have a median rent of $295.
Suburb Insights for Northfield 5085
Market Insights
Northfield Trends for Houses
N/A
N/A
View TrendN/A
N/A
Northfield Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
