OFF MARKET

216 Old South Road
Old Reynella SA 5161

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 870m2
Land area: 2000m2
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Property Details for 216 Old South Rd, Old Reynella

Building Type
Commercial
Year Built
1963
Floor Size
870m2
Land Size
2000m2
Local Government
Onkaparinga
Lot/Plan
A1/F104263

Last Listing description (February 2012)

Tenanted Investment - Suit Investor or Owner/Occupier/Investor
Brick building with glass shop frontage of approximately 893 square metres in total comprising three areas. Two long term tenancies equal to approximately 75% of total area, roller door access to rear, evaporative air conditioned, mezzanine office area to two areas, disabled amenities available. Rear bitumised parking with dual access.
Located on corner site opposite shopping complex.

Current net annual income of $100,000 Per Annum + GST and Outgoings.
RLA 212733

Property History for 216 Old South Rd, Old Reynella, SA 5161

A timeline of how this property has performed in the market
Last Sold
$1,400,000
24 Apr 2012
Listed for Rent
$671/w
13 Apr 2012
  • 24 Apr 2012
    Sold for $1,400,000
  • 08 Feb 2012
    Listed for Rent - Price not available
  • 24 Nov 2011
    Listed for Rent - Price not available
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About Old Reynella 5161

The size of Old Reynella is approximately 2.2 square kilometres. It has 8 parks covering nearly 9.4% of total area. The population of Old Reynella in 2011 was 3,300 people. By 2016 the population was 3,365 showing a population growth of 2.0% in the area during that time. The predominant age group in Old Reynella is 30-39 years. Households in Old Reynella are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Reynella work in a trades occupation. In 2011, 76.9% of the homes in Old Reynella were owner-occupied compared with 71.7% in 2016.

Old Reynella has 1,835 properties. Over the last 5 years, Houses in Old Reynella have seen a 106.28% increase in median value, while Units have seen a 153.03% increase. As at 31 October 2024:

  • The median value for Houses in Old Reynella is $714,873 while the median value for Units is $594,440.
  • Houses have a median rent of $575 while Units have a median rent of $336.
There are currently 3 properties listed for sale, and 1 property listed for rent in Old reynella on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Old reynella.

Suburb Insights for Old Reynella 5161

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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.