An exciting opportunity presents for owner occupiers and investors alike to secure a high exposure showroom/office warehouse within Adelaide s tightly held eastern suburbs. The Strata Titled property is offered with vacant possession.
The property is located on the corner of Magill Road and Louis Street, approximately three kilometres north-east of the Adelaide GPO. Positioned on the northern side of Magill Road, the property is benefitted by an exceptional 29 metre* frontage.
The property features an open plan showroom of 272 sqm*, with generous floor to ceiling windows providing excellent exposure to Magill Road, one of eastern Adelaide s major arterial thoroughfares. An attached warehouse of 238 sqm (+ mezzanine of 123 sqm) is located to the rear of showroom with access provided via Louis Street.
The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2016 was 872 people. By 2021 the population was 942 showing a population growth of 8.0% in the area during that time. The predominant age group in Stepney is 30-39 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation.In 2021, 60.00% of the homes in Stepney were owner-occupied compared with 59.50% in 2016.
Stepney has 795 properties. Over the last 5 years, Houses in Stepney have seen a 70.13% increase in median value, while Units have seen a 96.61% increase. As at 31 January 2026:
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