SOLD
Sold on 27 Feb 2024 for $2,101,000

7 Henry Street
Stepney SA 5069

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 494m2
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Property Details for 7 Henry St, Stepney

Building Type
Commercial
Year Built
1981
Land Size
494m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
F1/C42700

Last Listing description (August 2023)

This property is ideally located near the corner of Magill/Payneham and Fullarton Road making access from any direction a breeze. Just minutes from the CBD in the popular Industrial precinct of Stepney. Located amongst other great businesses and cafes.

Sited on approximately 494m of land and offering high clearance roller door entrance access into the warehouse. Reception/office entry area, additional upper-level mezzanine space and bathroom amenities are also included. Customer and staff parking is available at the front of the property for approximately 6 cars.

Currently tenanted on a periodic lease - $30,720 per annum plus outgoings. This property is being sold as a going concern.

The Warehouse offers;

* 312m of quality warehouse space, office space and amenities
* 23m of mezzanine
* Roller door access into high clearance warehouse
* 3 phase power

Council Rates: $1920.00 p.a
SA Water: $1000.00 p.a
ESL: $1480.00 p.a
Insurance: $2150.00 p.a

For further information or to arrange an inspection, please contact Heath Lapthorne 0423 764 163.

TAPLIN GROUP OF COMPANIES - RLA 1836

Property History for 7 Henry St, Stepney, SA 5069

A timeline of how this property has performed in the market
Last Sold
$2,101,000
27 Feb 2024
  • 27 Feb 2024
    Sold for $2,101,000
  • 02 Aug 2023
    Sold for $1,550,000
  • 29 May 2023
    Listed for Sale $1,550,000

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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 788 properties. Over the last 5 years, Houses in Stepney have seen a 69.09% increase in median value, while Units have seen a 130.60% increase. As at 30 November 2024:

  • The median value for Houses in Stepney is $1,386,128 while the median value for Units is $807,693.
  • Houses have a median rent of $795 while Units have a median rent of $535.
There are currently 2 properties listed for sale, and 7 properties listed for rent in Stepney on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Stepney.

Suburb Insights for Stepney 5069

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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.