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Sold on 04 Oct 2024 - Price Unavailable

40 Hallett Road
Stonyfell SA 5066

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 118m2
Land area: 764m2
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Property Details for 40 Hallett Rd, Stonyfell

Building Type
Commercial
Floor Size
118m2
Land Size
764m2

Last Listing description (October 2024)

OPEN INSPECTIONS SCHEDULED:
Today - Wednesday 18th September - 12.15pm to 12.45pm
Saturday 21st September - 11.30am to 12.00pm

Wednesday 25th September - 12.15pm to 12.45pm

Well positioned along one of the most well-known roads in Stonyfell, where a range of lifestyle options sit right at your fingertips - from popular parks, exclusive schools, and a stone's throw to thriving shopping hubs.

Every bit a neat and tidy mid-century charmer wonderfully maintained across a flexible footprint, options abound whether you're happy to continue the business lease while claiming a blue-ribbon block or redevelop (STCC). Currently zoned Local Activity Centre.

Whichever your rhyme or reason, one thing is for sure - laying claim to stunning Stonyfell foundations is an opportunity too good to pass up! Capturing all the scenic, Foothills appeal this pocket of the east is renowned for, with coffee convenience right next door or a leisure stroll to the bustling Lockwood General, impromptu dinners at Feathers Hotel, while shopping options range from local hubs to the vibrant Burnside Village and iconic Parade Norwood.

All this incredible business or lifestyle finesse, together with public and private schools at arm's reach, Conservation Parks inviting endless weekend adventure for young and old, and a 10-minute bee-line to the CBD… this picture-perfect parcel is bound to prosper.

FEATURES WE LOVE
• Charming c.1940's property set on a hugely spacious 764sqm(approx.) allotment, enticing with a wide range of exciting renovation, redesign or rebuild possibilities (subject to council conditions) letting you lease, live or secure long-term potential
• Currently set up as a commercial premise, zoned local activity centre
• Office area approx. 118sqm with four professional offices
• Large off street car-park
• Reverse cycle air-conditioners
• Excellent staff room and amenities
• Currently leased until September 2026 for $37,462.67(excluding GST) p/a plus outgoings
• Long term tenant since 2014

LOCATION
• Across the road from sporting ovals and parks, and right next door to the popular Ferguson Conservation Park, perfect for taking the pet pooch for a walk or endless adventure with the kids
• Walking distance to St Peter's Girls' College, moments to Burnside Primary and zoned for Norwood International a quick zip away
• A stone's throw to local shopping options, popular cafés and tasty takeaway eateries
• Close to both the Burnside Village and Parade Norwood for some of the best cosmopolitan hubs in Adelaide, delivering trendy cafés, restaurants, bars and boutiques
• Great public transport options, and a 10-minute skip and a jump into the city

Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Norwood RLA 278530

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Property Details:
Council | Burnside
Zone | LAC - Local Activity Centre
Land | 764sqm(Approx.)
House | 118sqm(Approx.)
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa

Property History for 40 Hallett Rd, Stonyfell, SA 5066

A timeline of how this property has performed in the market
Last Sold
04 Oct 2024
Listed for Rent
$517/w
01 Sep 2014
  • 04 Oct 2024
    Sold for $1,330,000
  • 16 Sep 2024
    Listed for Sale Auction On-Site Friday 4th October 1:00PM
  • 07 Mar 2014
    Listed for Rent - Price not available
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About Stonyfell 5066

The size of Stonyfell is approximately 1.3 square kilometres. It has 6 parks covering nearly 8% of total area. The population of Stonyfell in 2011 was 1,205 people. By 2016 the population was 1,223 showing a population growth of 1.5% in the area during that time. The predominant age group in Stonyfell is 10-19 years. Households in Stonyfell are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Stonyfell work in a professional occupation. In 2011, 88.1% of the homes in Stonyfell were owner-occupied compared with 92.3% in 2016.

Stonyfell has 523 properties. Over the last 5 years, Houses in Stonyfell have seen a 78.90% increase in median value, while Units have seen a 49.49% increase. As at 30 November 2024:

  • The median value for Houses in Stonyfell is $1,668,568 while the median value for Units is $960,414.
  • Houses have a median rent of $750.
There are currently 3 properties listed for sale, and no properties listed for rent in Stonyfell on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Stonyfell.

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Linda Clemente
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Oliver Bishop
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Ray White Norwood
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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.