437-439 Torrens RoadWoodville Park SA 5011
Property Details for 437-439 Torrens Rd, Woodville Park
Last Listing description (September 2017)
Colliers International is pleased to offer for sale 437-441 Torrens Road, Woodville Park.
The sites locational value and development potential is unquestionable and can be characterised as follows:
> Fantastic development site of 1,950sqm* over 3 individual titles.
> Existing holding net income of approx. $55,800 from 3 long standing tenants.
> Valuable Mixed Use zoning within the City of Charles Sturt offering the ability to develop medium density residential, commercial and retail (STCC).
> Strategically positioned opposite Armada Arndale Shopping Centre comprising approx. 130 stores including Harris Scarfe, Big W, Woolworths, Coles and Greater Union Cinemas.
437-441 Torrens Road: SOLD BY OLIVER TOTANI.
*Approx.
Property History for 437-439 Torrens Rd, Woodville Park, SA 5011
- 19 Sep 2017Sold for $1,350,000
- 14 Mar 2017Listed for Sale EXPRESSIONS OF INTEREST
- 14 Nov 2014Sold for $900,000
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About Woodville Park 5011
The size of Woodville Park is approximately 0.8 square kilometres. The population of Woodville Park in 2011 was 1,718 people. By 2016 the population was 1,733 showing a population growth of 0.9% in the area during that time. The predominant age group in Woodville Park is 40-49 years. Households in Woodville Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woodville Park work in a professional occupation. In 2011, 64.5% of the homes in Woodville Park were owner-occupied compared with 64.7% in 2016.
Woodville Park has 925 properties. Over the last 5 years, Houses in Woodville Park have seen a 86.81% increase in median value, while Units have seen a 83.26% increase. As at 30 September 2024:
- The median value for Houses in Woodville Park is $989,531 while the median value for Units is $551,490.
- Houses have a median rent of $530 while Units have a median rent of $450.
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