LJ Hooker Commercial Adelaide are proud to present to the market, 287-289 North East Road, Hampstead Gardens via Expressions of Interest closing Thursday 20th of November 2025 at 4pm.
An exceptional opportunity to secure a high-exposure development site in one of the northeast's most sought-after locations.
Total Site Area: 2,320 sqm*
Three Certificates of Title
287 North East Road: 792 sqm* (leased)
289 North East Road: 1,528 sqm* (tenant in occupation holding over)
Valuable corner site with rear access
Prominent main road frontage
Zoned Employment - E
Open for Inspection: Monday 3rd November 2025 at 12.00-12:30pm
Method of sale Expression of interest: Offer closing Thursday 20th of November 2025 at 4pm.
Tenancy Details:
287 North East Road: Leased until 31/08/2026 Current Rent $32,249.70 + GST + Outgoings
289 North East Road: Lease expired 25/09/2019 Tenant remains in occupation Current Rent $53,173.30 + GST + Outgoings
This outstanding property offers outstanding future development potential in a tightly held commercial corridor.
For further information contact Claude Buccella on 0419 394 110 or Mark Tettis on 0433 139 892.
*Approximate
** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 231 015
The size of Hampstead Gardens is approximately 0.6 square kilometres. There are 2 parks, covering nearly 2.1% of the total area. The population of Hampstead Gardens in 2016 was 1402 people. By 2021 the population was 1535 showing a population growth of 9.5% in the area during that time. The predominant age group in Hampstead Gardens is 20-29 years. Households in Hampstead Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hampstead Gardens work in a professional occupation.In 2021, 55.90% of the homes in Hampstead Gardens were owner-occupied compared with 56.10% in 2016.
Hampstead Gardens has 788 properties. Over the last 5 years, Houses in Hampstead Gardens have seen a 88.20% increase in median value, while Units have seen a 139.42% increase. As at 31 May 2026:
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