1 Perseverance RoadTea Tree Gully SA 5091
Property Details for 1 Perseverance Rd, Tea Tree Gully
Last Listing description (November 2025)
Raine and Horne Commercial are delighted to present 1 Perseverance Road Tea Tree Gully SA to the market.
Located in Tea Tree Gully with easy access to North East Road this property has a long history with the local community. Securely leased on a new five-year term with a five-year option to renew, the property presents an ideal opportunity for an astute investor. Currently utilised as a Licensed Restaurant with abundant nearby parking.
With improvements of approximately 306 square metres* consisting of an attractive stone-fronted building adapted for restaurant use. Located on approximately 538 square metres* of land, in a picturesque setting.
Approximate net income $83,400 + GST.
All enquiries and inspections are strictly by appointment with the agents listed below.
Tony Iasiello 0412 217 608
David Burford 0447 200 732
*All areas and dimensions are approximate
RLA 283100
Property History for 1 Perseverance Rd, Tea Tree Gully, SA 5091
- 28 Nov 2025Sold for $1,185,000
- 17 Jul 2025Listed for Sale In excess of $1,200,000
- 10 Oct 2024Transferred
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About Tea Tree Gully 5091
The size of Tea Tree Gully is approximately 4.3 square kilometres. It has 11 parks covering nearly 39.4% of total area. The population of Tea Tree Gully in 2016 was 3242 people. By 2021 the population was 3499 showing a population growth of 7.9% in the area during that time. The predominant age group in Tea Tree Gully is 50-59 years. Households in Tea Tree Gully are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tea Tree Gully work in a professional occupation.In 2021, 84.40% of the homes in Tea Tree Gully were owner-occupied compared with 81.90% in 2016.
Tea Tree Gully has 1,703 properties. Over the last 5 years, Houses in Tea Tree Gully have seen a 99.45% increase in median value, while Units have seen a 128.51% increase. As at 28 February 2026:
- The median value for Houses in Tea Tree Gully is $943,915 while the median value for Units is $627,472.
- Houses have a median rent of $610 while Units have a median rent of $295.
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