63 Addison RoadPennington SA 5013
Property Details for 63 Addison Rd, Pennington
Last Listing description (January 2022)
Stonebridge Property Group and McGees Property are pleased to present for sale 63-69 Addison Road, Pennington.
A commercial zoned land parcel with both residential and commercial development potential.
The property forms part of a national development site portfolio of 19 properties for sale on behalf of AMPOL.
Properties are for sale separately, in groups or in-one-line.
LOCATION
- Pennington is an older and well-established residential precinct between the City of Adelaide and the Port. It features pockets of older commercial and industrial land uses primarily on the main road frontages. It adjoins other western suburbs that have commenced transformational regentrification which is no doubt around the corner for Pennington
SITE DETAILS
- 63-69 Addison Road, Pennington is a significant land parcel located in a small commercial precinct on Addison Road but otherwise surrounded by housing. Addison Road is a minor connector road between the main arterial roads of Grand Junction Road to the North and Torrens Road to the south
The property has or will be remediated to a non-sensitive commercial standard prior to settlement.
All improvements and infrastructure will be removed from the property prior to settlement.
*approximately
For Sale by Expressions of Interest, which must be submitted by Monday 29thNovember 2021 at 4pm (AEDT).
For more information please contact the exclusive sales agents.
Stonebridge Property Group
Lincoln Blackledge
+61 408 780 772
Julian White
+61 422 764 137
McGees Property
Simon Lambert
+61 408 846 999
Property History for 63 Addison Rd, Pennington, SA 5013
- 14 Oct 2021Listed for Sale Contact Agent
- 18 Apr 2006Listed 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 88.71% increase in median value, while Units have seen a 102.96% increase. As at 31 December 2025:
- The median value for Houses in Pennington is $871,447 while the median value for Units is $635,887.
- Houses have a median rent of $560 while Units have a median rent of $263.
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