1A Welbourne Street, Mitcham, SA 5062 | Property Value & History | OnTheHouse
OFF MARKET

1A Welbourne Street
Mitcham SA 5062

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 683m2
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Property Details for 1a Welbourne St, Mitcham

Building Type
Commercial
Land Size
683m2
Local Government
Mitcham
Lot/Plan
A61/F15743

Last Listing description (November 2023)

Leedwell Property is excited to offer an exclusive opportunity to lease the whole or portion of 1a Welbourne Street, Mitcham colloquially known historically as 'Mitcham Deli and Butcher'. The property has prominent road frontage to the busy Princes Road/Welbourne Street precinct amongst a very affluent area.

The landlord having acquired the property in 2022 is seeking Expressions of Interest to lease the premises and work in conjunction with them to facilitate a full refurbishment of the property to return it to its former glory.

We further highlight the below:

Strongly suited to retail/shops, caf/restaurant and medical (subject to council consents)
Two buildings totaling 313sqm gross lettable area (GLA)
226sqm (retail) with frontage to Welbourne Street
87sqm (office) to the rear of the property
Rear car parking
Long term leases on offer

The property has been vacant for 20 years+ so don't miss this opportunity to capitalize on this generational opportunity. Leasing Expressions of Interest close Thursday 30th November 2023 @ 4pm.

Property History for 1a Welbourne St, Mitcham, SA 5062

A timeline of how this property has performed in the market
Listed for Rent
$134k/w
03 Nov 2023
  • 30 Oct 2023
    Listed for Rent - Price not available
  • 27 Apr 2022
    Listed for Sale Contact Agent
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About Mitcham 5062

The size of Mitcham is approximately 1.8 square kilometres. It has 9 parks covering nearly 37.3% of total area. The population of Mitcham in 2016 was 1820 people. By 2021 the population was 1832 showing a population growth of 0.7% in the area during that time. The predominant age group in Mitcham is 10-19 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation.In 2021, 74.10% of the homes in Mitcham were owner-occupied compared with 76.10% in 2016.

Mitcham has 876 properties. Over the last 5 years, Houses in Mitcham have seen a 81.90% increase in median value, while Units have seen a 86.71% increase. As at 31 December 2025:

  • The median value for Houses in Mitcham is $1,849,454 while the median value for Units is $666,163.
  • Houses have a median rent of $815 while Units have a median rent of $555.
There are currently 2 properties listed for sale, and no properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 40 properties were sold in the past 12 months in Mitcham.

Suburb Insights for Mitcham 5062

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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.