115 Sherriff StreetUnderdale SA 5032
Property Details for 115 Sherriff St, Underdale
Last Listing description (January 2021)
- Long-term leases to Downer EDI and Programmed (subject to final lease execution) until 2023, with further options and flexible redevelopment clauses.
- Estimated Net income of $857,000 pa.
- Total land holding of approximately 13,590sqm (1.359ha) with existing improvements of approximately 4,322sqm.
- Situated in close proximity to the Brickworks Woolworths, the North-South Corridor of Adelaide, quality local schools as well as the Adelaide Linear Park.
- Quality existing improvements with long-term flexibility and mixed use upside.
- 4.0 Star NABERS Energy Rating
For Sale via Expressions of Interest closing Thursday 4th October 2018 at 4.00pm (ACST)
*approximately
Property History for 115 Sherriff St, Underdale, SA 5032
- 03 Sep 2018Listed for Sale Not Disclosed
- 30 Jan 2018Listed for Rent $210,860 / year
- 19 Jul 2017Listed for Rent $210,860 / year
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About Underdale 5032
The size of Underdale is approximately 1.0 square kilometres. It has 7 parks covering nearly 5.4% of total area. The population of Underdale in 2016 was 2299 people. By 2021 the population was 2429 showing a population growth of 5.6% in the area during that time. The predominant age group in Underdale is 30-39 years. Households in Underdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Underdale work in a professional occupation.In 2021, 59.10% of the homes in Underdale were owner-occupied compared with 57.00% in 2016.
Underdale has 1,262 properties. Over the last 5 years, Houses in Underdale have seen a 69.57% increase in median value, while Units have seen a 93.37% increase. As at 31 March 2026:
- The median value for Houses in Underdale is $1,209,430 while the median value for Units is $594,555.
- Houses have a median rent of $600 while Units have a median rent of $540.
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