52 Riddoch HighwayTarpeena SA 5277
Property Details for 52 Riddoch Hwy, Tarpeena
Last Listing description (June 2020)
PPHS take pleasure in offering for sale one of Penolas most dynamic commercial opportunities - triple fronted shop with rear access on huge block. Situated in a premier location at 48-52 Riddoch St, on a prominent main road in the CBD is this freehold commercial property offering a position with high traffic exposure yet ample parking.
This versatile property has two-three shopfronts with a street frontage of 13.6m & has the prodigious advantage of dual street frontages, with access from Julian Street. This large allotment of approximately 1200m2 may be subdivided (STCC). This commercial property represents an excellent opportunity for an investor/developer seeking to acquire a premium grade portfolio or would be perfect for the owner/occupier. There are so many flexible options on what you could do from these premises from retail, to offices to a restaurant or pizza house, or it would be perfect for a winery wanting to showcase their wares with wine tasting & sales (all STCC).
Property History for 52 Riddoch Hwy, Tarpeena, SA 5277
- 29 Sep 2017Listed for Sale $198,000 + GST
- 13 Jun 2014Listed for Sale $179,000 + GST
- 30 Jul 2010Listed for Sale $40,000 + SAV
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About Tarpeena 5277
The size of Tarpeena is approximately 39.2 square kilometres. It has 1 park covering nearly 10.5% of total area. The population of Tarpeena in 2011 was 355 people. By 2016 the population was 447 showing a population growth of 25.9% in the area during that time. The predominant age group in Tarpeena is 40-49 years. Households in Tarpeena are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Tarpeena work in a labourer occupation. In 2011, 86% of the homes in Tarpeena were owner-occupied compared with 80.9% in 2016.
Tarpeena has 329 properties. Over the last 5 years, Houses in Tarpeena have seen a 87.19% increase in median value. As at 31 October 2024:
- The median value for Houses in Tarpeena is $306,291 while the median value for Units is $276,921.
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