OFF MARKET

2/22 Stepney Street
Stepney SA 5069

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 105m2
Land area: 263m2
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Property Details for 2/22 Stepney St, Stepney

Building Type
Commercial
Year Built
1890
Floor Size
105m2
Land Size
263m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
U2/S5830

Last Listing description (October 2019)

OPEN INSPECTION Prior to Auction 11th OCTOBER 11.OO - 11.30 AM.
Auction Friday 11 October 2019 11.30 AM

NORWOOD PAYNEHAM & ST PETERS COUNCIL. Only 3 kilometres to the Parade at Norwood or East Terrace Adelaide City. Partially renovated but to be sold as is!
On two separate Titles, Total land area is approx. 607 m2. Number 20 is on approximately 285 m2 of land and number 22 is on approximately 262 m2 of land, plus there is another approx. 60 m2 of land that is shared between the two titles. The buildings are a mirror image of each other with two internal openings created open the premises as one. The openings can easily be restored and returned back to be the two separate maisonettes.
The maisonnette on the South side, Number 20 will be Auctioned first, with the successful purchaser (subject to having met the Vendors reserve price) to have the first right of refusal for the second property Number 22, at a ten percent discount to the initial sale price of Number 20.
The buildings are not heritage listed, hence could be demolished if vacant land was what was required, although the buildings are impressive and significant. (SUBJECT TO ALL RELEVANT CONSENTS)
Please call John Lancaster on 0407183903 for more details and inspection times.
All the information contained in this advertisement has been sourced from sources that John Lancaster Real Estate believes to be reliable and accurate and is given in good faith.
The information is of a general nature only. John Lancaster Real Estate gives no warranty as to its correctness, accuracy or suitability for individual circumstances, and any person using the information on this site is recommended to obtain independent expert and or legal advice that is tailored for their circumstances. John Lancaster Real Estate bears no responsibility to any company or person who relies upon the information contained in this advertisement.

Property History for 2/22 Stepney St, Stepney, SA 5069

A timeline of how this property has performed in the market
Last Sold
$732,000
28 Nov 2019
  • 28 Nov 2019
    Sold for $732,000
  • 10 Oct 2019
    Listed for Sale Price on application.
  • 20 Jun 2007
    Sold for $572,000

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About Stepney 5069

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:

  • The median value for Houses in Stepney is $1,407,834 while the median value for Units is $731,251.
  • Houses have a median rent of $740 while Units have a median rent of $550.
There are currently 2 properties listed for sale, and 6 properties listed for rent in Stepney on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Stepney.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.