Gwy TerraceBalaklava SA 5461
Property Details for Lot 86 Gwy Tce, Balaklava
Last Listing description (March 2023)
If you are looking to invest in commercial property then they don't come much better than this. Situated on the southern entrance to Balaklava at allotment 86 GWY Terrace this prime location is all set to go. Site works have been partially completed.
The property itself is a large 8294 sq/m and has previously had approval for two commercial properties to be built so the potential is there for an astute investor to start the process again STCC.
If you have looking for the perfect property to set up your business or develop the site as investor then here is your chance.
Property History for Lot 86 Gwy Tce, Balaklava, SA 5461
- 03 Mar 2023Listed for Sale $169,000
- 16 Jun 2022Sold for $160,000
- 30 Mar 2022Listed for Sale $169,000
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About Balaklava 5461
The size of Balaklava is approximately 112.1 square kilometres. There are 10 parks, covering nearly 1.2% of the total area. The population of Balaklava in 2016 was 2048 people. By 2021 the population was 2083 showing a population growth of 1.7% in the area during that time. The predominant age group in Balaklava is 50-59 years. Households in Balaklava are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balaklava work in a labourer occupation.In 2021, 68.60% of the homes in Balaklava were owner-occupied compared with 70.80% in 2016.
Balaklava has 1,272 properties. Over the last 5 years, Houses in Balaklava have seen a 97.07% increase in median value, while Units have seen a 73.52% increase. As at 31 July 2026:
- The median value for Houses in Balaklava is $443,424 while the median value for Units is $337,265.
- Houses have a median rent of $450.
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