8/26 The Strand Reynella SA 5161
Property Details for 8/26 The Strand, Reynella
Last Listing description (May 2023)
Currently tenanted - contact agent for more information
We highly encourage you to come and view this great investment opportunity situated in Reynella, positioned between the Souther Expressway and Main South Rd, offering two fully occupied leases with long term tenants operating successful businesses, if you are looking to add to your commercial portfolio or desire to eventually move in and operate from your own space then this is the perfect site for you!
A rare chance to secure a highly visible and versatile building space of 110 m2 (approximately) suited for many uses - Retail Shop / Office / Takeaway / Beauty (S.T.C.C and zoning).
Make contact to receive your Information Memorandum Pack
Don't miss out on this great opportunity!
On behalf of Ray White West Torrens, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice.
For further information contact Ray White West Torrens on 08 7070 0595 or Clarence Tiong on 0420 499 088
Property History for 8/26 The Strand, Reynella, SA 5161
- 09 Dec 2024Sold for $720,000
- 09 Oct 2023Listed for Sale Auction
- 15 May 2023Listed for Sale CONTACT AGENT
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About Reynella 5161
The size of Reynella is approximately 4.2 square kilometres. It has 9 parks covering nearly 6.6% of total area. The population of Reynella in 2011 was 4,461 people. By 2016 the population was 4,742 showing a population growth of 6.3% in the area during that time. The predominant age group in Reynella is 30-39 years. Households in Reynella are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Reynella work in a trades occupation. In 2011, 77.3% of the homes in Reynella were owner-occupied compared with 77% in 2016.
Reynella has 2,358 properties. Over the last 5 years, Houses in Reynella have seen a 111.80% increase in median value, while Units have seen a 129.58% increase. As at 30 November 2024:
- The median value for Houses in Reynella is $712,412 while the median value for Units is $524,158.
- Houses have a median rent of $550 while Units have a median rent of $280.
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