Auction Location: 12/94 Fullarton Road, Norwood
LJ Hooker Commercial Adelaide is proud to present to the market, 12/94 Fullarton Road, Norwood for sale via Public Auction on-site, Friday 06/09/2024 at 11:00 a.m.
The property presents an opportunity for owner occupiers or investors to purchase a ground floor commercial unit in this award winning mixed use development. Situated on Fullarton Road, a major thoroughfare with high visibility and easy access. Flexible layout options that can be tailored to meet the needs of different businesses, including offices, retail spaces, or service-oriented business (STCC). The property comes with 6 on-site car parks.
Located on the corner of Fullarton Road and William Street the property commands fantastic exposure along one of Adelaide's most prominent office and showroom precincts. The property is located just minutes to the Adelaide CBD and a short stroll to the popular cafe and dining precinct of The Parade.
Key Selling Points:
Lettable area 215 sqm*
Great street exposure
Signage and branding opportunity
On-site parking for up to 6 cars (with three in the basement)*
19,900* cars passing daily
Zoned Suburban Business
Offered with Vacant Possession
Zero Stamp Duty in South Australia
Open inspection times:
20/08/2024 between 12:00 p.m. and 12:30 p.m.
27/08/2024 between 12:00 p.m. and 12:30 p.m.
06/09/2024 between 10:30 a.m. and 11:00 a.m. (prior to the auction)
For Sale via Public Auction on-site Friday 06/09/2024 at 11:00 a.m.
For further information contact Mark Tettis 0433 139 892 or Mario Bonomi 0412 080 993
*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
The size of Norwood is approximately 2.2 square kilometres. It has 10 parks covering nearly 1.8% of total area. The population of Norwood in 2011 was 5,802 people. By 2016 the population was 5,982 showing a population growth of 3.1% in the area during that time. The predominant age group in Norwood is 20-29 years. Households in Norwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Norwood work in a professional occupation. In 2011, 49.8% of the homes in Norwood were owner-occupied compared with 50% in 2016.
Norwood has 4,541 properties. Over the last 5 years, Houses in Norwood have seen a 70.76% increase in median value, while Units have seen a 57.56% increase. As at 31 October 2024:
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