245 South RoadMile End SA 5031
Property Details for 245 South Rd, Mile End
245 South Rd, Mile End is a 2 bedroom, 1 bathroom House and was built in 1925. The property has a land size of 370m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
Last Listing description (February 2016)
Having been completely renovated by its current owner and comprising of 3 office spaces (or 2/3 bedrooms), waiting room/lounge room, modern kitchen & bathroom plus multiple off street car parks this property would make a great addition to your investment portfolio.
With the opportunity to lease both residentially or commercially the opportunities here are endless.
Situated in the ideal location of Mile End only 2km from the CBD and with transport at your fingertips this would be a great location for either an established business or one starting out, not to mention your only a short stroll from cosmopolitan Henley Beach Road shops.
Additional features include:
* Ducted reverse cycle air conditioning
* Ornamental fireplaces
* 2nd toilet
* Easy care allotment
* Side or rear parking options
The opportunity to purchase a renovated easy care allotment so close to the city with main road exposure doesn't come around often.
Property History for 245 South Rd, Mile End, SA 5031
- 04 Jun 2015Sold for $387,500
- 04 Nov 2014Listed for Rent $360 / week
- 16 Jul 2014Listed for Rent $360 / week
Recent sales nearby
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About Mile End 5031
The size of Mile End is approximately 1.8 square kilometres. There are 4 parks, covering nearly 1.3% of the total area. The population of Mile End in 2016 was 4431 people. By 2021 the population was 4536 showing a population growth of 2.4% in the area during that time. The predominant age group in Mile End is 20-29 years. Households in Mile End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mile End work in a professional occupation.In 2021, 53.10% of the homes in Mile End were owner-occupied compared with 51.30% in 2016.
Mile End has 2,348 properties. Over the last 5 years, Houses in Mile End have seen a 67.37% increase in median value, while Units have seen a 103.16% increase. As at 31 May 2026:
- The median value for Houses in Mile End is $1,213,113 while the median value for Units is $714,748.
- Houses have a median rent of $680 while Units have a median rent of $550.
Suburb Insights for Mile End 5031
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