125 Lipson StreetPort Adelaide SA 5015
Property Details for 125 Lipson St, Port Adelaide
125 Lipson St, Port Adelaide is a 1 bedroom, 2 bathroom Unit and was built in 1890. The property has a land size of 192m2 and floor size of 387m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (September 2016)
Favourably situated in an important Heritage Precinct of Port Adelaide. Circa 1890. Could be converted to two large Residential apartments, subject to Council consent.
Situated on the corner of Lipson and Divett Streets this imposing two storey building, provides in excess of 400 sq meters of office/ residential accommodation.
The Vendor operates a Legal Practice from the ground floor and basement, whilst the entire self-contained top floor is occupied by a residential tenant. The offices are serviced by a full modern kitchen, bathroom and laundry facility. The building occupies the whole of the land thus whilst there is no off street parking, there is ample on street parking.
The property is in the Prestigious Port Adelaide State Heritage Policy area 47, however it is neither a Local Heritage nor State Heritage place.
The Port Adelaide Waterfront Precinct is considered to have unravelled development potential.
Close to the Waterfront Precinct this Property is likely to benefit from the State Government's current seeking of Proposals for the Development of approx. 4.2 km's of Waterfront Promenade and 40 hectares of Prime Land across Port Adelaide.
Opportunity Knocks!
Property History for 125 Lipson St, Port Adelaide, SA 5015
- 22 Aug 2016Sold for $715,000
- 21 Jul 2015Listed for Sale Not Disclosed
- 06 Feb 2009Listed for Sale POA
Recent sales nearby
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0About Port Adelaide 5015
The size of Port Adelaide is approximately 6.0 square kilometres. There are 7 parks, covering nearly 3.2% of the total area. The population of Port Adelaide in 2016 was 1224 people. By 2021 the population was 1338 showing a population growth of 9.3% in the area during that time. The predominant age group in Port Adelaide is 60-69 years. Households in Port Adelaide are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Port Adelaide work in a professional occupation.In 2021, 43.20% of the homes in Port Adelaide were owner-occupied compared with 43.00% in 2016.
Port Adelaide has 1,829 properties. Over the last 5 years, Houses in Port Adelaide have seen a 79.39% increase in median value, while Units have seen a 134.23% increase. As at 31 May 2026:
- The median value for Houses in Port Adelaide is $913,308 while the median value for Units is $774,374.
- Houses have a median rent of $650 while Units have a median rent of $600.
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