700 Lower North East RoadParadise SA 5075
Property Details for 700 Lower North East Rd, Paradise
Last Listing description (May 2010)
ICONIC HOTEL INVESTMENT
???50 YEAR LEASE (5 X 10 YEARS) TO NATIONAL OPERATOR ??? INDEPENDENT PUB GROUP
???GUARANTEED ANNUAL RENTAL INCREASES
???EXTENSIVE FACILITIES INCLUDING GAMING LOUNGE WITH 33 MACHINES, BISTRO, SPORTS BAR, ???THIRSTY CAMEL??? BOTTLE SHOP MOTEL, KITCHEN, AMENITIES AND MORE OF APPROXIMATELY 2,046SQM
???MASSIVE SITE OF 8,884SQM. HIGH EXPOSURE MAIN ROAD LOCATION
A STRONGLY PERFORMING HOTEL INVESTMENT UNDERPINNED BY AN ENVIABLE LONG TERM LEASE TO INDEPENENT PUB GROUP PTY LTD
??? A MAJOR NATIONAL PUB OPERATOR AND IS HIGHLY RECOMMENDED.
METHOD OF SALE
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING AT THE OFFI CES OF COLLIERS INTERNATIONAL, LEVEL 10, 99 GAWLER PLACE, ADELAIDE ON THURSDAY 11 MARCH 2010 AT 4PM.
Property History for 700 Lower North East Rd, Paradise, SA 5075
- 01 Oct 2025Sold for $20,000,000
- 29 Nov 2024Sold for $13,200,000
- 31 May 2010Sold for $10,185,000
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About Paradise 5075
The size of Paradise is approximately 3.6 square kilometres. It has 21 parks covering nearly 19.8% of total area. The population of Paradise in 2016 was 6773 people. By 2021 the population was 7217 showing a population growth of 6.6% in the area during that time. The predominant age group in Paradise is 20-29 years. Households in Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paradise work in a professional occupation.In 2021, 67.60% of the homes in Paradise were owner-occupied compared with 70.30% in 2016.
Paradise has 3,460 properties. Over the last 5 years, Houses in Paradise have seen a 92.20% increase in median value, while Units have seen a 88.34% increase. As at 31 December 2025:
- The median value for Houses in Paradise is $1,062,363 while the median value for Units is $646,738.
- Houses have a median rent of $650 while Units have a median rent of $598.
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