SOLD
Sold on 29 Nov 2024 for $1,784,000

94 Main South Road
Old Reynella SA 5161

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 715m2
Land area: 1563m2
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Property Details for 94 Main South Rd, Old Reynella

Building Type
Commercial
Floor Size
715m2
Land Size
1563m2
Local Government
Onkaparinga
Lot/Plan
A58/F151834

Last Listing description (August 2024)

Formerly a thriving service centre, this spacious property is now available for your business venture! Located in a high-traffic area, it offers expansive showroom space, service bays, and ample parking - perfect for a variety of businesses. Whether you're in retail, automotive, or looking for a showroom, this property provides a versatile space to elevate your business. Unlock the potential of this prime location and join the legacy of success! Inquire today for a walkthrough and secure your spot in this bustling commercial hub.

Property History for 94 Main South Rd, Old Reynella, SA 5161

A timeline of how this property has performed in the market
Last Sold
$1,784,000
29 Nov 2024
Listed for Rent
$1.71k/w
08 Aug 2024
  • 29 Nov 2024
    Sold for $1,784,000
  • 06 Feb 2024
    Listed for Rent $89,000 / year
  • 23 Jun 2003
    Sold for $835,000

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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 1,839 properties. Over the last 5 years, Houses in Old Reynella have seen a 108.55% increase in median value, while Units have seen a 161.60% increase. As at 30 November 2024:

  • The median value for Houses in Old Reynella is $727,327 while the median value for Units is $609,873.
  • Houses have a median rent of $575 while Units have a median rent of $336.
There are currently 1 property listed for sale, and 1 property listed for rent in Old reynella on OnTheHouse. According to CoreLogic's data, 137 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.