79 Stephen TerraceSt Peters SA 5069
Property Details for 79 Stephen Tce, St Peters
Last Listing description (September 2013)
Solid Investment Plus Future Development Potential
DG Real Estate is pleased to be able to offer for sale on behalf of the Registered Proprietor the property situated at 79-83 Stephen Terrace, St Peters.
Previously utilised as commercial offices, the building was completely refurbished in 2005-06 to accommodate the existing tenant, Precious Cargo Montessori Child Care and Early Learning Centre Pty Ltd.
Located in the heart of Adelaide's premier eastern suburbs, the building is ideally situated for its existing use as a childcare centre. The property is leased for an initial term of 10 years until March 2016, with two further renewal options of five years each. The commencing annual rental is $230,000 per annum net with annual rent reviews to CPl. The current rental is $281,523 per annum net. The landlord only needs to pay for the land tax.
This represents an excellent opportunity for investors to secure a fully leased and versatile property in a prime location within the popular suburb of St Peters.
For more information, please click the additional document on the right hand side, or contact Richard on 0433 519 023
Property History for 79 Stephen Tce, St Peters, SA 5069
- 09 Sep 2013Sold for $3,900,000
- 05 Aug 2013Listed for Sale $4,020,000
- 26 Jun 2007Sold for $3,200,000
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0About St Peters 5069
The size of St Peters is approximately 1.5 square kilometres. It has 8 parks covering nearly 7.3% of total area. The population of St Peters in 2016 was 3219 people. By 2021 the population was 3231 showing a population growth of 0.4% in the area during that time. The predominant age group in St Peters is 50-59 years. Households in St Peters are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Peters work in a professional occupation.In 2021, 70.80% of the homes in St Peters were owner-occupied compared with 71.30% in 2016.
St Peters has 1,284 properties. Over the last 5 years, Houses in St Peters have seen a 82.26% increase in median value, while Units have seen a 91.95% increase. As at 31 January 2026:
- The median value for Houses in St Peters is $2,426,795 while the median value for Units is $672,008.
- Houses have a median rent of $695 while Units have a median rent of $468.
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