1 Perseverance Road, Tea Tree Gully, SA 5091 sold on 28 November 2025 | OnTheHouse
SOLD
Sold on 28 Nov 2025 for $1,185,000

1 Perseverance Road
Tea Tree Gully SA 5091

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 253m2
Land area: 759m2
Sold By
agent headshot
Raine & Horne Commercial and Business RLA 283100
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Property Details for 1 Perseverance Rd, Tea Tree Gully

Building Type
Commercial
Floor Size
253m2
Land Size
759m2
Local Government
Tea Tree Gully
Lot/Plan
A22/F102871

Last Listing description (December 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

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

A timeline of how this property has performed in the market
Last Sold
$1,185,000
28 Nov 2025
  • 28 Nov 2025
    Sold for $1,185,000
  • 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. There are 11 parks, covering nearly 39.4% of the 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 1,711 properties. Over the last 5 years, Houses in Tea Tree Gully have seen a 79.43% increase in median value, while Units have seen a 111.25% increase. As at 31 October 2026:

  • The median value for Houses in Tea Tree Gully is $952,864 while the median value for Units is $630,325.
  • Houses have a median rent of $620 while Units have a median rent of $520.
There are currently 8 properties listed for sale, and 1 property listed for rent in Tea tree gully on OnTheHouse. According to Cotality's data, 58 properties were sold in the past 12 months in Tea tree gully.

Suburb Insights for Tea Tree Gully 5091

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.