1219 South RoadSt Marys SA 5042
Property Details for 1219 South Rd, St Marys
Last Listing description (November 2023)
UNDER CONTRACT - CONTACT AGENT FOR SIMILAR PROPERTIES
- Building area of 365 square metres*
- Total site area of 650 square metres*
- Holding income of $39,140 per annum plus GST and outgoings
- Substantial future rental upside
- Attractive lease terms with redevelopment provisions in place
- Ideal for future owner-occupier or investor
- Prominent frontage and versatile layout suitable for wide range of businesses
- Zoned Employment in the City of Mitcham
- Part of the broader South Road Portfolio Sale
- Opportunity to purchase in conjunction with 1231 South Road, St Marys to substantially increase landholding and development potential
Ideal for investors, future owner-occupiers and developers, 1219 South Road, St Marys is a versatile and prominent site suited to a range of purchasers.
Offering a large, newly renovated office area with multiple bathrooms and amenities, two distinct warehouse areas, along with rear car parking/hardstand, the property is suited to showroom, office, showroom and industrial users.
The property is available for sale as a standalone premises or in conjunction with the balance of the South Road Portfolio Sale including 1-3, 1231 South Road and 1239-1245 South Road, St Marys.
1219 South Road, St Marys is available with 'Best Offers' by 5pm Friday, 29th September 2023 unless sold prior.
*Approximate
For more information or to book an inspection of 1219 South Road, St Marys, please contact Saxon Smith from City Realty (RLA 323 903).
Property History for 1219 South Rd, St Marys, SA 5042
- 06 Nov 2023Sold for $780,000
- 28 Aug 2023Listed for Sale Best Offers by Friday, 29th September
- 03 Aug 2021Listed for Rent - Price not available
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0About St Marys 5042
The size of St Marys is approximately 1.8 square kilometres. It has 11 parks covering nearly 25.1% of total area. The population of St Marys in 2011 was 2,695 people. By 2016 the population was 2,767 showing a population growth of 2.7% in the area during that time. The predominant age group in St Marys is 30-39 years. Households in St Marys are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Marys work in a professional occupation. In 2011, 57.8% of the homes in St Marys were owner-occupied compared with 58.4% in 2016.
St Marys has 1,408 properties. Over the last 5 years, Houses in St Marys have seen a 77.79% increase in median value, while Units have seen a 78.81% increase. As at 31 October 2024:
- The median value for Houses in St Marys is $909,480 while the median value for Units is $491,315.
- Houses have a median rent of $620 while Units have a median rent of $390.
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