223-233 Eastern ParadePort Adelaide SA 5015
Property Details for 223-233 Eastern Pde, Port Adelaide
Last Listing description (March 2014)
9% NET RETURN ON INVESTMENT ON THIS LARGE TRANSPORT DEPOT
The Tenant, Kangaroo Island Freight, has been operating for some 45 years.
There is a new 5 + 5 year lease about to commence with a rental of $189,000 + GST + outgoings
Improvements comprise:
> Warehouse / office approx 656m2
> Loading canopy 371m2 (approx)
> Coolroom 36m2 (approx)
> Site Area 11,270m2 (approx)provides excellent manoeuvrability including B Double access
> 2 large sliding doors provide Drive Through access
> Zoned General Industry to the City of Port Adelaide/Enfield
> 6 meter clearances
> Generally located on the corner of Eastern Parade and Perkins Drive
> Potential to subdivide or develop further (stnc)
>
> Graham Rogers 0418 111 333
Property History for 223-233 Eastern Pde, Port Adelaide, SA 5015
- 30 May 2024Sold for $6,000,000
- 26 Sep 2014Sold for $1,800,000
- 15 Nov 2012Listed for Sale AUCTION
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0About Port Adelaide 5015
The size of Port Adelaide is approximately 6 square kilometres. It has 7 parks covering nearly 3.2% of total area. The population of Port Adelaide in 2011 was 1,293 people. By 2016 the population was 1,238 showing a population decline of 4.3% in the area during that time. The predominant age group in Port Adelaide is 40-49 years. Households in Port Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Adelaide work in a professional occupation. In 2011, 40.8% of the homes in Port Adelaide were owner-occupied compared with 43% in 2016.
Port Adelaide has 1,699 properties. Over the last 5 years, Houses in Port Adelaide have seen a 57.06% increase in median value, while Units have seen a 94.86% increase. As at 31 October 2024:
- The median value for Houses in Port Adelaide is $759,464 while the median value for Units is $581,561.
- Houses have a median rent of $620 while Units have a median rent of $570.
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