41 Addison RoadPennington SA 5013
Property Details for 41 Addison Rd, Pennington
41 Addison Rd, Pennington is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 753m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (February 2018)
UNDER CONTRACT. Colliers International is pleased to present for sale this rare two-in-one investment comprising 3 retail shops plus a quality residence.
Features include:
- Fully leased retail space currently disposed as a takeaway shop, a gift store and a laundromat
- Valuable corner site of 724sqm*, offering high exposure to large amounts of passing traffic
- Fully leased annual income of $65,291.17+GST
- Superbly located only 12km* north west of the Adelaide CBD, and 1km from the thriving new suburb of St Clair
- Zone Residential, Mid Suburban Policy Area 16 within the City of Charles Sturt
- Low risk investment offering diversified income stream
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
Oliver Totani +61 412 808 743
Tom Isaksson +61 422 154 570
Property History for 41 Addison Rd, Pennington, SA 5013
- 02 May 2018Sold for $830,000
- 14 Nov 2017Listed for Sale Not Disclosed
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0About Pennington 5013
The size of Pennington is approximately 1.4 square kilometres. It has 6 parks covering nearly 4.3% of total area. The population of Pennington in 2011 was 3,648 people. By 2016 the population was 3,639 showing a population decline of 0.2% in the area during that time. The predominant age group in Pennington is 50-59 years. Households in Pennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pennington work in a trades occupation. In 2011, 57.5% of the homes in Pennington were owner-occupied compared with 57.5% in 2016.
Pennington has 1,558 properties. Over the last 5 years, Houses in Pennington have seen a 105.11% increase in median value, while Units have seen a 74.02% increase. As at 31 October 2024:
- The median value for Houses in Pennington is $821,405 while the median value for Units is $523,810.
- Houses have a median rent of $550 while Units have a median rent of $260.
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