Auction Location: 2-10 Fooks Terrace, St Kilda SA 5110
LJ Hooker Commercial Adelaide are proud to present to 2-10 Fooks Terrace, St Kilda, to the market for sale via Public Auction on-site, Wednesday 05/03/2025 at 10:30 a.m.
An exceptional chance to secure a landmark hospitality asset in a sought-after coastal location. This well-positioned property offers a substantial large landholding with an established and longstanding community hospitality venue, making it an ideal investment for investors seeking a strategic hospitality asset with long term upside.
St Kilda is a coastal township located approximately 30 km north of Adelaide's CBD, within the City of Salisbury. Known for its tourism appeal, waterfront amenities, and recreational attractions, the suburb presents a rare commercial investment opportunity. St Kilda's proximity to growing northern suburbs such as Riverlea Park and the recently announced residential rezoning of the Dry Creek salt flats, makes it an strategic location for future opportunities.
Key Selling Points:
• Long term hospitality venue
• Substantial land holding of 5,192 sqm*
• Three street frontages
• Gross building area - 1,340 sqm*
• Tightly held Location
• To be sold with existing lease
• Three allotments across two Certificates of Title
• Zoned Rural Shack Settlement
• No Stamp Duty in South Australia
Open inspection times:
18/02/2025 between 11:00 a.m. and 11:30 a.m.
25/02/2025 between 11:00 a.m. and 11:30 a.m.
05/03/2025 between 10:00 a.m. and 10:30 a.m. (prior to the auction)
For Sale via Public Auction on-site Wednesday 05/03/2025 at 10:30 a.m.
For further information contact Rino Pancione 0417 822 987 or Mark Tettis 0433 139 892
*Approximate
** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 231 015
The size of St Kilda is approximately 24.4 square kilometres. It has 2 parks covering nearly 0.9% of total area. The population of St Kilda in 2011 was 1,156 people. By 2016 the population was 60 showing a population decline of 94.8% in the area during that time. The predominant age group in St Kilda is 50-59 years. Households in St Kilda are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in St Kilda work in a machinery operators and drivers occupation. In 2011, 78.1% of the homes in St Kilda were owner-occupied compared with 42.2% in 2016..
St Kilda has 72 properties. Over the last 5 years, Houses in St Kilda have seen a 117.04% increase in median value, while Units have seen a 144.58% increase. As at 28 February 2025:
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