1259-1263 Main North RoadPara Hills West SA 5096
Property Details for 1259-1263 Main North Rd, Para Hills West
Last Listing description (July 2020)
Situated along an established commercial and industrial strip of Main North Road servicing the northern regions of Adelaide, the property enjoys proximity to Mawson Lakes and other established residential, commercial and industrial precincts.
Contained within one Certificate of Title the premises are leased to a long standing tenant.
- Annual Rental $163,909.05
- Outgoings payable by Lessee $25,154 ex Land Tax
- Leased to 31 May 2027
- Rent reviews 3% annually
- Two (2) further rights of renewal of five (5) years each
Specifically the property features:
- Large Site Area: 7,860sqm
- Total building Area: 2,328sqm
- Building 1: Near new 1,655sqm
- Building 2: Older style 673sqm
Contact Leedwell property for further details.
Inspections are strictly by appointment only.
Property History for 1259-1263 Main North Rd, Para Hills West, SA 5096
- 29 Jun 2026Sold for $5,300,000
- 27 Jul 2020Sold for $2,200,000
- 22 May 2020Listed for Sale Contact Agent
Recent sales nearby
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0About Para Hills West 5096
The size of Para Hills West is approximately 2.7 square kilometres. There are 11 parks, covering nearly 20.2% of the total area. The population of Para Hills West in 2016 was 3190 people. By 2021 the population was 3295 showing a population growth of 3.3% in the area during that time. The predominant age group in Para Hills West is 30-39 years. Households in Para Hills West are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Para Hills West work in a community and personal service occupation.In 2021, 59.90% of the homes in Para Hills West were owner-occupied compared with 61.10% in 2016.
Para Hills West has 1,746 properties. Over the last 5 years, Houses in Para Hills West have seen a 117.97% increase in median value, while Units have seen a 138.32% increase. As at 30 June 2026:
- The median value for Houses in Para Hills West is $830,223 while the median value for Units is $630,427.
- Houses have a median rent of $600 while Units have a median rent of $475.
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