OFF MARKET

1/255 Main North Road
Sefton Park SA 5083

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1607m2
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Property Details for 1/255 Main North Rd, Sefton Park

Building Type
Commercial
Year Built
1988
Land Size
1607m2
Local Government
Port Adelaide Enfield
Lot/Plan
A2/D1201

Last Listing description (April 2021)

CBRE Metropolitan Investments is delighted to bring to market a fantastic opportunity to secure a premium leased retail investment at 255 Main North Road, Sefton Park located approximately 5 km from the CBD.

Leased to two well known tenants in ANZ and Fasta Pasta this impressive opportunity is too good to pass up. We further highlight the below key investment features of the property for reference:


Superbly located on Main North Road adjacent to the Sefton Park Shopping Centre and next to Regency Plaza.
Both tenants are afforded with ideal fixed 3% annual rental increases providing income growth
NLA of 598sqm*
Extensive site area of 1585sqm* spread over three certificates of title
Impressive frontage of 45m* to Main North Road
High exposure site with over 47,600* vehicles passing daily
Zoned District Centre (Policy 8) Port Adelaide Enfield council
Net rental of $211,078pa*

For sale by Private Treaty $3,500,000

RLA 208125 *approx

Property History for 1/255 Main North Rd, Sefton Park, SA 5083

A timeline of how this property has performed in the market
Last Transferred
24 Jun 2024
Listed for Rent
$1.63k/w
21 Feb 2006
  • 24 Jun 2024
    Transferred
  • 09 Apr 2021
    Sold for $3,100,000
  • 11 Oct 2019
    Listed for Sale $3,500,000
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About Sefton Park 5083

The size of Sefton Park is approximately 0.5 square kilometres. The population of Sefton Park in 2011 was 1,168 people. By 2016 the population was 1,223 showing a population growth of 4.7% in the area during that time. The predominant age group in Sefton Park is 30-39 years. Households in Sefton Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sefton Park work in a professional occupation. In 2011, 68.9% of the homes in Sefton Park were owner-occupied compared with 70.1% in 2016.

Sefton Park has 572 properties. Over the last 5 years, Houses in Sefton Park have seen a 71.64% increase in median value, while Units have seen a 80.61% increase. As at 31 October 2024:

  • The median value for Houses in Sefton Park is $1,036,945 while the median value for Units is $491,551.
  • Houses have a median rent of $590 while Units have a median rent of $420.
There are currently 1 property listed for sale, and 1 property listed for rent in Sefton park on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Sefton park.

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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.