OFF MARKET

72 Nelson Street
Stepney SA 5069

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 501m2
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Property Details for 72 Nelson St, Stepney

Building Type
Commercial
Year Built
2018
Land Size
501m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A16/F524

Last Listing description (April 2017)

Rare opportunity for an intending owner/occupier, investor or developer to acquire a highly versatile and prominently located corner building which covers the majority of the land, which has a total area of approximately 470 sqm with a frontage to Nelson Street of 15.33 metres and frontage to Cornish street of 31.63 metres
The improvements comprise a showroom office, with warehouse/workshop at rear with 3 phase power supply and dual roller door access entry from Cornish Street,
The land is Zoned, District Centre St. Peters, which provides for a wide range of uses from shopping, office, commercial (STNC) and the property is located directly opposite the Avenues Shopping Centre.

The property has been held in the same ownership since 1992 and is offered for Genuine Sale.
Auction on Thursday 20/10/2016 at 12 Noon.
For further details and inspection contact Sole Selling Agents, George Zogopoulos on 0412 824 278.

Property History for 72 Nelson St, Stepney, SA 5069

A timeline of how this property has performed in the market
Last Sold
$1,950,000
24 Jun 2022
Listed for Rent
$1.39k/w
01 Sep 2016
  • 24 Jun 2022
    Sold for $1,950,000
  • 19 Dec 2016
    Sold for $1,120,000
  • 13 Sep 2016
    Listed for Sale Not Disclosed
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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 785 properties. Over the last 5 years, Houses in Stepney have seen a 71.02% increase in median value, while Units have seen a 88.38% increase. As at 31 August 2024:

  • The median value for Houses in Stepney is $1,404,922 while the median value for Units is $716,896.
  • Houses have a median rent of $680 while Units have a median rent of $473.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Stepney on OnTheHouse. According to CoreLogic's data, 33 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.