SOLD
Sold on 26 Jun 2024 for $690,000

493 Bridge Road
Para Hills SA 5096

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 100m2
Land area: 672m2
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Property Details for 493 Bridge Rd, Para Hills

Building Type
Commercial
Year Built
1965
Floor Size
100m2
Land Size
672m2
Local Government
Salisbury
Lot/Plan
A14/D7587

Last Listing description (December 2021)

Red Chilli Hairdressers are remaining open for business, for the time being, but moving to another location soon.

A large corner block .......... with visitor car parking for multiple vehicles. A great chance to run your business from here STCC.
This main road frontage is amazing for your business to gain exposure from, especially next to the Somerset Hotel, service station, shopping centre and Macca's.

Located also hundreds of meters from the local school is your chance to run your business from here STCC.

If the new buyer just wants to live in the property as a house then that is fine, with a few easy renovations to return this hairdressing studio back to a residence.

The current vendor has kept the land use as residential and they have run their business from this location as is over the past few years.

Maybe your thinking of a subdivision STCC with this large corner allotment, but you had better act quick!

There is a garage/workshop and large rear yard with undercover entertaining area, with a massive lemon tree included.

Don't miss this chance to buy in this perfect Para Hills position, call this place home, develop or run your business from STCC.
If you don't want to miss out please call Sam Doman on 0412 572 602.

***IMPORTANT INFORMATION RELATING TO NO PRICE***
This property up for auction with no price guide. The agent is not able to influence the market in relation to price. A copy of recent sales data is available upon request through email or at the open inspection. Your welcome to read this last paragraph again as we don't give any price guides....... Thanks.

** ALSO PLEASE NOTE **
If you are attending any of our open inspections you are required to wear a mask. Please ensure that you have your mask on when you are greeted by our agents. Thank you in advance for your co-operation.

The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public -
(A) at our office located at 1303 North East Road, Tea Tree Gully for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Property History for 493 Bridge Rd, Para Hills, SA 5096

A timeline of how this property has performed in the market
Last Sold
$690,000
26 Jun 2024
  • 26 Jun 2024
    Sold for $690,000
  • 14 Dec 2021
    Sold for $473,000
  • 02 Sep 2021
    Listed for Sale SOLD - $473,000
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About Para Hills 5096

The size of Para Hills is approximately 3.2 square kilometres. It has 19 parks covering nearly 16.3% of total area. The population of Para Hills in 2011 was 7,593 people. By 2016 the population was 6,538 showing a population decline of 13.9% in the area during that time. The predominant age group in Para Hills is 30-39 years. Households in Para Hills are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Para Hills work in a trades occupation. In 2011, 80.9% of the homes in Para Hills were owner-occupied compared with 78.3% in 2016.

Para Hills has 3,472 properties. Over the last 5 years, Houses in Para Hills have seen a 117.28% increase in median value, while Units have seen a 120.51% increase. As at 31 October 2024:

  • The median value for Houses in Para Hills is $713,682 while the median value for Units is $454,093.
  • Houses have a median rent of $555 while Units have a median rent of $255.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Para hills on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Para hills.

Suburb Insights for Para Hills 5096

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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.