1 Perseverance Road, Tea Tree Gully, SA 5091 sold on 05 November 2025 | OnTheHouse
 
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Sold on 05 Nov 2025 - Price Unavailable

1 Perseverance Road
Tea Tree Gully SA 5091

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 306m2
Land area: 538m2
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Property Details for 1 Perseverance Rd, Tea Tree Gully

Building Type
Commercial
Floor Size
306m2
Land Size
538m2

Last Listing description (November 2025)

Raine and Horne Commercial are delighted to present 1 Perseverance Road Tea Tree Gully SA to the market.

Located in Tea Tree Gully with easy access to North East Road this property has a long history with the local community. Securely leased on a new five-year term with a five-year option to renew, the property presents an ideal opportunity for an astute investor. Currently utilised as a Licensed Restaurant with abundant nearby parking.

With improvements of approximately 306 square metres* consisting of an attractive stone-fronted building adapted for restaurant use. Located on approximately 538 square metres* of land, in a picturesque setting.

Approximate net income $83,400 + GST.

All enquiries and inspections are strictly by appointment with the agents listed below.

Tony Iasiello 0412 217 608
David Burford 0447 200 732

*All areas and dimensions are approximate

RLA 283100

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Property History for 1 Perseverance Rd, Tea Tree Gully, SA 5091

A timeline of how this property has performed in the market
Last Sold
05 Nov 2025
  • 05 Nov 2025
    Sold
  • 17 Jul 2025
    Listed for Sale In excess of $1,200,000
  • 10 Oct 2024
    Transferred
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About Tea Tree Gully 5091

The size of Tea Tree Gully is approximately 4.3 square kilometres. It has 11 parks covering nearly 39.4% of total area. The population of Tea Tree Gully in 2016 was 3242 people. By 2021 the population was 3499 showing a population growth of 7.9% in the area during that time. The predominant age group in Tea Tree Gully is 50-59 years. Households in Tea Tree Gully are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tea Tree Gully work in a professional occupation.In 2021, 84.40% of the homes in Tea Tree Gully were owner-occupied compared with 81.90% in 2016.

Tea Tree Gully has 1,700 properties. Over the last 5 years, Houses in Tea Tree Gully have seen a 93.43% increase in median value, while Units have seen a 127.31% increase. As at 30 November 2025:

  • The median value for Houses in Tea Tree Gully is $898,598 while the median value for Units is $606,693.
  • Houses have a median rent of $595 while Units have a median rent of $295.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Tea tree gully on OnTheHouse. According to Cotality's data, 72 properties were sold in the past 12 months in Tea tree gully.

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Tony Iasiello
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David Burford
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Raine & Horne Business Sales
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