OFF MARKET

9-11 King William Road
Unley SA 5061

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 128m2
Land area: 1251m2
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Property Details for 9-11 King William Rd, Unley

Building Type
Commercial
Year Built
1964
Floor Size
128m2
Land Size
1251m2
Local Government
Unley
Lot/Plan
A50/F12738

Last Listing description (September 2016)

A rare and unique opportunity! Comprising good quality office accommodation of 903 sqm* situated on land of 1250 sqm* and enjoying a frontage to King William Road of 21 m*.
The property features side and rear lane access, ground floor offices and amenities including reception, substantial open plan areas, partitioned offices, kitchen/lunchroom plus large meeting/training room , data cabling throughout (previously serviced with Optic Fibre Cabling), reverse cycle air conditioning, quality floor coverings, male, female and disabled amenities and storage. There is also first floor open plan office and partitioned offices along with rear car parking and exposure to 17900 vehicles passing daily.** With the Glenelg Tramline and bus stop almost at the door, this location is perfect along arguably Adelaide finest street.
The property is located on the northern (Greenhill Road) end of King William Road and this section of King William Road is identified as being investigated by the City of Unley to be re-zoned to fall in line with the new Urban Corridor Zoning currently applying to most portions of Greenhill Road allowing multi storey/highrise residential and commercial development. This is part of the SA Government s push for higher density development along identified routes close to the CBD which is aimed to reduce Adelaide s urban spread, increase the use and efficiency of existing roads and public transport and enable a larger number of people to enjoy the benefits of inner city living.

In the meantime this is a great property to occupy or lease and land bank. Land size 20.72m x 60.35m. Current Zoning (City of Unley) Office 1 with potential for rezoning to Urban Corridor as noted above)
*All areas and dimensions approximate ** SA Dept Transport Average daily traffic volume survey.
EXPRESSION OF INTEREST CLOSING 1PM Monday 22ns February 2016 (USB)

Property History for 9-11 King William Rd, Unley, SA 5061

A timeline of how this property has performed in the market
Last Sold
$2,585,000
14 Jun 2016
Listed for Rent
$3.16k/w
22 Oct 2008
  • 14 Jun 2016
    Sold for $2,585,000
  • 30 Nov 2015
    Listed for Sale Price Upon Application
  • 13 Jun 2008
    Listed for Rent - Price not available
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About Unley 5061

The size of Unley is approximately 1.5 square kilometres. It has 6 parks covering nearly 4.4% of total area. The population of Unley in 2011 was 3,889 people. By 2016 the population was 3,994 showing a population growth of 2.7% in the area during that time. The predominant age group in Unley is 20-29 years. Households in Unley are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Unley work in a professional occupation. In 2011, 60.4% of the homes in Unley were owner-occupied compared with 61.4% in 2016.

Unley has 2,350 properties. Over the last 5 years, Houses in Unley have seen a 77.01% increase in median value, while Units have seen a 56.60% increase. As at 30 November 2024:

  • The median value for Houses in Unley is $1,765,937 while the median value for Units is $703,894.
  • Houses have a median rent of $693 while Units have a median rent of $550.
There are currently 2 properties listed for sale, and 10 properties listed for rent in Unley on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Unley.

Suburb Insights for Unley 5061

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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.