708 Port RoadBeverley SA 5009
Property Details for 708 Port Rd, Beverley
Last Listing description (June 2022)
AUCTION - Wednesday 29th June 2022 @ 11am (Unless Sold Prior)
TWO BIRDS WITH ONE STONE!
In a prime location with close access to both the Port River Expressway and South Road Superway connecting Adelaide's North-South Main Transport Corridor, a fantastic opportunity to secure a low-risk multi-tenanted investment plus a development site of generous proportions boasting a 'landmark' Port Road position on the corner of Port Road and Pope Street. Contained within one Certificate of Title and total land holding of 3,844sqm, it is best described as an offering of two separate portions.
Portion A Newly Constructed Two Story Commercial Building
- Total Building Area: 662sqm
Tenancy 1 Romaldi Constructions Pty Ltd: 442sqm*
Tenancy 2 Aspec Homes Pty Ltd: 125sqm*
Tenancy 3 Eco Smart Solar Energy Pty Ltd: 95sqm*
- Passing rental income of $186,000 p.a. + GST (gross)
- A prominent and eye-catching new commercial building with no setback off Port Rd to maximize the exposure to the 43,900* vehicles passing daily (DiT, 2019)
- Large Scale Solar Panel system (38KW System Size with a 30KW Inverter )
- Ample allocated and customer car parking with two-way access driveway.
- Portion A consuming approx. 1,488sqm of the total site.
Portion B Corner Development Site of approx. 2,356sqm*
- Scope to further develop the corner portion with an approx. area of 2,356sqm (s.t.p.c)
- Zoned: Employment (E)
- Corner/ Dual frontage on Port Road and Pope Street; A trademark Beverley location
- 3 existing driveway access points, 1 on Port Road and 2 on Pope Street
AUCTION - Wednesday 29th June 2022 @ 11am (Unless Sold Prior)
To organise a private inspection and/or copy of an Information Memorandum with Leases, please click on the enquiry link and leave your details with any requests/ questions. Alternatively, feel free to Call Pasquale 0409465863 or Nick 0401790753.
Property Code: 2215
Property History for 708 Port Rd, Beverley, SA 5009
- 30 Aug 2022Sold for $5,100,000
- 31 May 2022Listed for Sale SOLD SOLD SOLD SOLD
- 07 Mar 2022Listed for Rent $96,000 / year
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0About Beverley 5009
The size of Beverley is approximately 1.5 square kilometres. It has 2 parks covering nearly 3.1% of total area. The population of Beverley in 2016 was 1498 people. By 2021 the population was 1578 showing a population growth of 5.3% in the area during that time. The predominant age group in Beverley is 30-39 years. Households in Beverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beverley work in a professional occupation.In 2021, 61.20% of the homes in Beverley were owner-occupied compared with 59.70% in 2016.
Beverley has 1,076 properties. Over the last 5 years, Houses in Beverley have seen a 85.81% increase in median value, while Units have seen a 92.86% increase. As at 31 January 2026:
- The median value for Houses in Beverley is $1,007,690 while the median value for Units is $605,114.
- Houses have a median rent of $600 while Units have a median rent of $265.
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