41 Addison RoadPennington SA 5013
Property Details for 41 Addison Rd, Pennington
Last Listing description (February 2018)
UNDER CONTRACT. Colliers International is pleased to present for sale this rare two-in-one investment comprising 3 retail shops plus a quality residence.
Features include:
- Fully leased retail space currently disposed as a takeaway shop, a gift store and a laundromat
- Valuable corner site of 724sqm*, offering high exposure to large amounts of passing traffic
- Fully leased annual income of $65,291.17+GST
- Superbly located only 12km* north west of the Adelaide CBD, and 1km from the thriving new suburb of St Clair
- Zone Residential, Mid Suburban Policy Area 16 within the City of Charles Sturt
- Low risk investment offering diversified income stream
To arrange an inspection or for more information please contact Colliers International as the exclusive selling agents:
Oliver Totani +61 412 808 743
Tom Isaksson +61 422 154 570
Property History for 41 Addison Rd, Pennington, SA 5013
- 02 May 2018Sold for $830,000
- 14 Nov 2017Listed for Sale Not Disclosed
Recent sales nearby
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0About Pennington 5013
The size of Pennington is approximately 1.4 square kilometres. It has 6 parks covering nearly 4.3% of total area. The population of Pennington in 2016 was 3647 people. By 2021 the population was 3773 showing a population growth of 3.4% in the area during that time. The predominant age group in Pennington is 50-59 years. Households in Pennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pennington work in a professional occupation.In 2021, 59.00% of the homes in Pennington were owner-occupied compared with 57.50% in 2016.
Pennington has 1,562 properties. Over the last 5 years, Houses in Pennington have seen a 90.08% increase in median value, while Units have seen a 92.58% increase. As at 30 November 2025:
- The median value for Houses in Pennington is $871,200 while the median value for Units is $608,077.
- Houses have a median rent of $560 while Units have a median rent of $260.
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