296 Brighton RoadNorth Brighton SA 5048
Property Details for 296 Brighton Rd, North Brighton
Last Listing description (November 2019)
JLL is pleased to present for sale by public auction 296 Brighton Road, North Brighton.
Situated on a high profile land rich site, North Brighton is one of Adelaides prestige beachside suburbs. The property comprises a group of retail shops over two separate buildings with ample onsite car parking. Currently configured as seven retail tenancies each with rear loading and shop fronts to busy Brighton Road, providing excellent exposure.
The investment provides a diverse mix of long-standing tenants including retail, food and beverage and homewares. Recent redevelopments of the major shopping centres in the area plus several smaller new developments along Brighton Road reinforces the precinct as a desirable retail strip.
This is a great opportunity to secure a freehold retail investment and we outline the key property highlights below:
Fully leased retail shops
High profile main road site of 1,979 sqm*
Estimated net income $155,900 per annum* (plus GST)
Over 37,300* vehicles passing daily
Zoned Local Centre City of Holdfast Bay
This offering presents an extremely rare opportunity to acquire a fully leased retail investment. We strongly recommend for your consideration, offered for sale by public Auction held onsite Thursday 28 November 2019 at 11am.
*Approximate
JLL RLA 1842
Property History for 296 Brighton Rd, North Brighton, SA 5048
- 13 Feb 2020Sold for $2,630,000
- 08 Nov 2019Listed for Sale Contact Agent
- 22 Mar 1999Sold for $406,000
Recent sales nearby
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0About North Brighton 5048
The size of North Brighton is approximately 1.2 square kilometres. It has 3 parks covering nearly 3.9% of total area. The population of North Brighton in 2016 was 2272 people. By 2021 the population was 2665 showing a population growth of 17.3% in the area during that time. The predominant age group in North Brighton is 60-69 years. Households in North Brighton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Brighton work in a professional occupation.In 2021, 71.30% of the homes in North Brighton were owner-occupied compared with 78.60% in 2016.
North Brighton has 973 properties. Over the last 5 years, Houses in North Brighton have seen a 94.30% increase in median value, while Units have seen a 95.32% increase. As at 31 March 2026:
- The median value for Houses in North Brighton is $1,552,517 while the median value for Units is $977,805.
- Houses have a median rent of $860 while Units have a median rent of $535.
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