89-89A Unley Road, Parkside, SA 5063 sold on 06 January 2025 | OnTheHouse
 
SOLD
Sold on 06 Jan 2025 for $1,725,000

89-89A Unley Road
Parkside SA 5063

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 205m2
Land area: 402m2
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Property Details for 89-89a Unley Rd, Parkside

Building Type
Commercial
Year Built
2020
Floor Size
205m2
Land Size
402m2
Local Government
Unley
Lot/Plan
A182/F14657

Last Listing description (February 2025)

Fetch Property & RWC Adelaide proudly bring to market a premium suburban leased investment at 89 Unley Road, Parkside.

Situated on Unley Road, just outside of the Adelaide CBD, this property enjoys a prime location on a vibrant high street known for its mix of established retailers, apartments, offices, and various commercial uses. Being located in the highly desirable suburb of Parkside, where the median house price exceeds $1,328,000.

The property is currently leased to Local Kitchen Co., a strong local brand known for providing delicious, home-style meals using fresh, locally sourced ingredients. With multiple locations across Adelaide, including Parkside, Local Kitchen Co. has built a loyal customer base. Their presence adds significant appeal and stability to this investment opportunity.

The single-level layout offers a retail area with alfresco dining, a spacious kitchen, and modern amenities, making this investment both versatile and secure.

89 Unley Road, Parkside is for sale via Auction onsite at 11am Friday 22nd November 2024.

Capitalize on this opportunity to own a quality asset in a sought-after commercial precinct.

For further information please contact the exclusive selling agents from Fetch Property or RWC Adelaide.

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Property History for 89-89a Unley Rd, Parkside, SA 5063

A timeline of how this property has performed in the market
Last Sold
$1,725,000
06 Jan 2025
Listed for Rent
$1.15k/w
23 Feb 2019
  • 06 Jan 2025
    Sold for $1,725,000
  • 22 Oct 2024
    Listed for Sale Contact listing agent
  • 16 Oct 2020
    Sold for $1,200,000
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About Parkside 5063

The size of Parkside is approximately 1.4 square kilometres. It has 7 parks covering nearly 2.3% of total area. The population of Parkside in 2016 was 4791 people. By 2021 the population was 5126 showing a population growth of 7.0% in the area during that time. The predominant age group in Parkside is 30-39 years. Households in Parkside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkside work in a professional occupation.In 2021, 58.90% of the homes in Parkside were owner-occupied compared with 59.60% in 2016.

Parkside has 2,720 properties. Over the last 5 years, Houses in Parkside have seen a 67.80% increase in median value, while Units have seen a 75.58% increase. As at 30 November 2025:

  • The median value for Houses in Parkside is $1,612,214 while the median value for Units is $798,958.
  • Houses have a median rent of $695 while Units have a median rent of $585.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Parkside on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Parkside.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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