12 George Street, Stepney is strategically located in the tightly held inner east, offering excellent amenity and proximity to Magill Road, The Parade and the Adelaide CBD.
Located some 3 km east of the CBD and 1 km from The Parade the property enjoys proximity to all the local commercial, hospitality and retail amenity that the eastern suburbs have to offer.
An iconic character building which provides a well-presented commercial premises. The property's current configuration is well suited towards consulting style users and would be well received among other office users. The current improvements make up a net lettable area of some 100sqm approximately and configured as:
- Four (4) independent consulting rooms.
- Onsite toilets adjacent the waiting area.
- Independent kitchenette and staff toilets accessed from the main corridor.
The property is serviced by ducted air conditioning.
The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2011 was 855 people. By 2016 the population was 859 showing a population growth of 0.5% in the area during that time. The predominant age group in Stepney is 20-29 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation. In 2011, 64.3% of the homes in Stepney were owner-occupied compared with 59.5% in 2016.
Stepney has 778 properties. Over the last 5 years, Houses in Stepney have seen a 73.33% increase in median value, while Units have seen a 106.98% increase. As at 31 October 2024:
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