1/293 Fullarton RoadParkside SA 5063
Property Details for 1/293 Fullarton Rd, Parkside
1/293 Fullarton Rd, Parkside is a 2 bedroom, 2 bathroom Unit and was built in 2022. The property has a land size of 14m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (July 2022)
This superbly located property occupies an outstanding medium to high density corner to corner infill development site with 3 street frontages and considerable improvements in Adelaides highly desirable and cosmopolitan eastern suburbs, with a median suburb house price of $821,500.
The significant site of 4,325 sqm* is across 5 contiguous Certificates of Title, with exceptional access, exposure, corner to corner frontage of 79.51 metres to Fullarton Road and additional frontages to Birks Street of 57.91 metres and Olive Street of 48.77 metres.
The property is offered with vacant possession and will appeal to developers seeking to redevelop the site for medium to high density residential development and operators seeking to reposition the asset for ongoing use.
Improvements comprise of an operational single storey building with a combination of single and shared rooms, laundry, kitchen, staff offices and meeting spaces, consulting rooms, communal lounge and dining facilities, together with on-site loading and car parking spaces accessed from Olive Street and Birks Street respectively.
The locality features an award-winning retail offer including Frewville Foodland, voted worlds best supermarket in 2016 and 2017, and Arkaba Village Shopping Centre. The superb amenity is enhanced by high quality residential properties surrounding the site and hotel, motel, medical clinics, commercial land uses and the $400 million Glenside medium density residential project currently being undertaken by Cedar Woods on the former Glenside Hospital site which are all within easy walking distance.
The size and locality of the property offers buyers the opportunity to undertake a full redevelopment of the site for medium to high density townhouse and/or apartment development, retirement, aged care and mixed use, with the zoning supportive of more intensive development. Alternatively, the existing improvements provide potential scope for reuse and conversion into alternative use including aged care, supported and disability accommodation.
To arrange an inspection or for more information, please contact Colliers International as the exclusive selling agents.
* Approx.
Property History for 1/293 Fullarton Rd, Parkside, SA 5063
- 22 Dec 2022Sold for $492,500
- 05 Apr 2019Listed for Sale Not Disclosed
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0About Parkside 5063
The size of Parkside is approximately 1.4 square kilometres. It has 7 parks covering nearly 2.3% of total area. The population of Parkside in 2011 was 4,633 people. By 2016 the population was 4,808 showing a population growth of 3.8% in the area during that time. The predominant age group in Parkside is 30-39 years. Households in Parkside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkside work in a professional occupation. In 2011, 60.2% of the homes in Parkside were owner-occupied compared with 59.6% in 2016.
Parkside has 2,699 properties. Over the last 5 years, Houses in Parkside have seen a 63.64% increase in median value, while Units have seen a 53.37% increase. As at 30 September 2024:
- The median value for Houses in Parkside is $1,482,014 while the median value for Units is $668,279.
- Houses have a median rent of $650 while Units have a median rent of $495.
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