349-353 Magill RoadSt Morris SA 5068
Property Details for 349-353 Magill Rd, St Morris
Last Listing description (June 2021)
Knight Frank Investment Sales is delighted to present 349 Magill Road, St Morris to the market for sale by Expressions of Interest closing Thursday 27 May at 4:00pm. To be offered with vacant possession, this inner eastern asset will appeal to owner occupiers or speculative investors.
Key investment highlights include:
- Located a short 4.5k m* east of the Adelaide CBD, positioned on the northern side of Magill Road.
- Fronting Magill Road, the property benefits from 10.5 m* frontage to the approximate 23,000 daily passing vehicles.
- Total site area of 540 sqm* with rear access from Breaker Street providing valuable on-site car parking.
- Versatile built form of 257 sqm* currently suited for a retail/hospitality offering, however will suit office/consulting.
- Improvements consist of polished concrete flooring throughout main dining area, kitchen area, staff kitchenette, male & female amenities, rear storage.
- Zoned Suburban Main Street within the City of Norwood Payneham & St Peters.
349 Magill Road, St Morris is offered for sale by Expressions of Interest closing Thursday 27 May at 4:00pm.
For further information on this opportunity, please contact the exclusive selling agents.
*Approx.
Property History for 349-353 Magill Rd, St Morris, SA 5068
- 16 Jul 2021Sold for $1,085,700
- 30 Apr 2021Listed for Sale Contact Agent
- 27 Jun 2008Sold for $660,000
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About St Morris 5068
The size of St Morris is approximately 0.6 square kilometres. It has 2 parks covering nearly 2.1% of total area. The population of St Morris in 2011 was 1,463 people. By 2016 the population was 1,501 showing a population growth of 2.6% in the area during that time. The predominant age group in St Morris is 40-49 years. Households in St Morris are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Morris work in a professional occupation. In 2011, 66% of the homes in St Morris were owner-occupied compared with 67.3% in 2016.
St Morris has 621 properties.
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