1/42-48 Garden Terrace, Mawson Lakes, SA 5095 sold on 26 June 2026 | OnTheHouse
SOLD
Sold on 26 Jun 2026 for $1,245,000

1/42-48 Garden Terrace
Mawson Lakes SA 5095

Bedrooms: -
Bathrooms: -
Car spaces: 9
Floor area: 433m2
Land area: 403m2
Sold By
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McGees Adelaide
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Property Details for 1/42-48 Garden Tce, Mawson Lakes

Building Type
Commercial
Year Built
2011
Floor Size
433m2
Land Size
403m2
Local Government
Salisbury
Lot/Plan
F101/C25667

Last Listing description (July 2026)

High exposure retail premises of 298 sqm* plus outdoor area of 95 sqm* Leased to an established Chinese restaurant until June 2027 with a 3-year option Current rental of $60,000 per annum* plus GST and outgoings Currently under rented, providing excellent rental uplift potential Tenant in occupation since 2020 Includes 4 on-site carparks No Stamp Duty or GST applicable on the purchase For Sale via Best Offers by Thursday 23 April 2026 at 4pm.For more information or to arrange an inspection of Unit 1/42-48 Garden Terrace, Mawson Lakes please contact Yee Ng or Igor Jaric of McGees Property (RLA 1722).(* approx.)

Property History for 1/42-48 Garden Tce, Mawson Lakes, SA 5095

A timeline of how this property has performed in the market
Last Sold
$1,245,000
26 Jun 2026
Listed for Rent
$15/w
26 Oct 2018
  • 26 Jun 2026
    Sold for $1,245,000
  • 18 Mar 2026
    Listed for Sale For Sale by Best Offers
  • 08 Oct 2018
    Listed for Rent $4,800 / year
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About Mawson Lakes 5095

The size of Mawson Lakes is approximately 6.3 square kilometres. There are 47 parks, covering nearly 33.1% of the total area. The population of Mawson Lakes in 2016 was 13297 people. By 2021 the population was 13794 showing a population growth of 3.7% in the area during that time. The predominant age group in Mawson Lakes is 20-29 years. Households in Mawson Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mawson Lakes work in a professional occupation.In 2021, 58.90% of the homes in Mawson Lakes were owner-occupied compared with 56.50% in 2016.

Mawson Lakes has 6,576 properties. Over the last 5 years, Houses in Mawson Lakes have seen a 73.16% increase in median value, while Units have seen a 105.16% increase. As at 31 August 2026:

  • The median value for Houses in Mawson Lakes is $960,546 while the median value for Units is $597,042.
  • Houses have a median rent of $660 while Units have a median rent of $578.
There are currently 46 properties listed for sale, and 15 properties listed for rent in Mawson lakes on OnTheHouse. According to Cotality's data, 281 properties were sold in the past 12 months in Mawson lakes.

Suburb Insights for Mawson Lakes 5095

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.