2/542 Greenhill RoadHazelwood Park SA 5066
Property Details for 2/542 Greenhill Rd, Hazelwood Park
Last Listing description (April 2013)
UNDER CONTRACT
An affordable Eastern Suburbs investment holding with valuable developmental approvals to operate as a licenced restauarant facility.
Unit 5 has a lettable area of approx 100 square metres and enjoys long standing/valuable developmental approval/Licensing Approval to be utilised as a Licensed Restaurant/Take-away and currently is operating as ???Samui Thai???, with existing Restaurant Licence allowing for seating of 18 persons.
Existing Rental is conservatively set providing genuine rental/capital growth prospects.
Unit 5, is offered by Private Treaty, at a declared price of $410,000.00 (GST exclusive).
Any sale will be conditional on the existing lease being Assigned to the Purchaser at time of Settlement.
As the property is fully leased, it will be treated as a Going Concern, and will be free of GST.
Property History for 2/542 Greenhill Rd, Hazelwood Park, SA 5066
- 23 Aug 2019Sold for $265,000
- 14 Dec 2012Listed for Sale 410000
- 22 Aug 2012Listed for Sale 410000
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0About Hazelwood Park 5066
The size of Hazelwood Park is approximately 0.9 square kilometres. There are 5 parks, covering nearly 17.0% of the total area. The population of Hazelwood Park in 2016 was 1874 people. By 2021 the population was 1953 showing a population growth of 4.2% in the area during that time. The predominant age group in Hazelwood Park is 50-59 years. Households in Hazelwood Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hazelwood Park work in a professional occupation.In 2021, 80.70% of the homes in Hazelwood Park were owner-occupied compared with 79.60% in 2016.
Hazelwood Park has 916 properties. Over the last 5 years, Houses in Hazelwood Park have seen a 41.94% increase in median value, while Units have seen a 59.66% increase. As at 31 August 2026:
- The median value for Houses in Hazelwood Park is $1,910,523 while the median value for Units is $692,682.
- Houses have a median rent of $738 while Units have a median rent of $550.
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