5/544 Greenhill Road, Hazelwood Park, SA 5066 | Property Value & History | OnTheHouse
 
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5/544 Greenhill Road
Hazelwood Park SA 5066

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
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Property Details for 5/544 Greenhill Rd, Hazelwood Park

Building Type
Commercial
Floor Size
100m2
Local Government
Burnside

Last Listing description (October 2017)

Rare opportunity for small investor or an intending future owner occupier to acquire strata titled premises with valuable developmental and licensing approvals in place to operate as a licensed restaurant with an associated take-a-way outlet.
Unit 5, form part of a landmark and tightly held strata titled complex as owned by individual entities and is prominently positioned along Greenhill Road at the intersection of Glynburn Road.
Unit 5 has a lettable area of about 85 sq.m and for many years has been utilised as a Licensed Restaurant, currently operating as 'Samui Thai'.

The current lease in place expires on 31/08/2018 with no right to extend remaining. Current rental payable is only $30,162.92 PA + GST and Tenant is also responsible for payment of all statutory charges (except Land Tax) and the Tenant also pays the Strata Contribution Levy.
The existing rental rate is conservative given the location of the premises and its approved land use therefore providing genuine rental/capital growth prospects.
The property is offered for definite sale at $545,000.000 and the existing lease will be assigned to the purchaser at settlement with no variations.
Contact Sole Agents - George Zogopoulos on 8410 6444 or 0412 824 278.

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Property History for 5/544 Greenhill Rd, Hazelwood Park, SA 5066

A timeline of how this property has performed in the market
  • 28 Apr 2017
    Listed for Sale Not Disclosed
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About Hazelwood Park 5066

The size of Hazelwood Park is approximately 0.9 square kilometres. It has 5 parks covering nearly 17.0% of 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 910 properties. Over the last 5 years, Houses in Hazelwood Park have seen a 93.55% increase in median value, while Units have seen a 51.91% increase. As at 30 November 2025:

  • The median value for Houses in Hazelwood Park is $1,914,392 while the median value for Units is $692,960.
  • Houses have a median rent of $710 while Units have a median rent of $535.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Hazelwood park on OnTheHouse. According to Cotality's data, 36 properties were sold in the past 12 months in Hazelwood park.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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