1293 South RoadSt Marys SA 5042
Property Details for 1293 South Rd, St Marys
Last Listing description (September 2021)
Property Description: 1293-1295 South Road, St Marys is a high quality location for the next stage of your business or an investment opportunity with great exposure to South Road.
Offered with holding income until early next year, the property allows the lucky incoming purchaser plenty of time to ensure a clear plan is in place for the future of the property. The property incorporates 25 onsite car parks and has a plenty of flexibility to adjust the internal layout to suit a wide range of businesses (STCC).
Key investment highlights include;
Functional showroom and associated warehousing totaling 1,675sqm*
High quality warehouse component including mezzanine storage
Corner land holding of some 2,290sqm
Leased to Forpen Pty Ltd t/a Clark Rubber expiring 16th February 2021
Current net income of $147,804 p/a
25 valuable carparks on site
Located adjacent Tonsley Innovation District
FOR SALE VIA PRIVATE TREATY SEEKING OFFERS OVER $2.1M
Approx*.
For more information please contact the listing agents.
Property History for 1293 South Rd, St Marys, SA 5042
- 30 Sep 2021Sold for $2,100,000
- 06 Jul 2020Listed for Sale Contact Agent
- 15 Dec 2010Sold for $1,660,000
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About 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 1,411 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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