10-26 Vale AvenueValley View SA 5093
Property Details for 10-26 Vale Ave, Valley View
Last Listing description (July 2020)
- 1,150 square metres* of building area
- 2,272 square metres* of land area with three street frontages
- Two Certificates of Title over 10 allotments
- 9 individual tenancies with current holding income $82,622.91* gross plus GST
- Imputed annual income $123,079.52* gross plus GST
- Five (5) leases to Conquis Entertainment, Korean BBQ, VLA Haircare, Pet Foods and Workaholics Asian Restaurant
10-26 Vale Avenue, Valley View is a versatile purchase opportunity suitable for a wide buyer profile. This well-established shopping strip has been home to a diverse tenancy mix for many years and is now available for sale to a new owner to continue its legacy as a centre or redevelop the site entirely.
Comprised of two separate Certificates of Title over 2,272 square metres* of land area, the property offers a diverse range of development opportunities. The property is zoned Neighbourhood Centre, Pauls Drive Policy Area 30 in the Port Adelaide Enfield Development Plan and is located in the heart of residential Valley View, adjacent to the Valley View Kindergarten.
The property offers a holding income across five tenants within its nine total shops.
Contact Saxon Smith or Chet Al from McGees Property to arrange an inspection of 10-26 Vale Avenue, Valley View.
(RLA 1722)
(* approx)
Property History for 10-26 Vale Ave, Valley View, SA 5093
- 21 May 2020Listed for Sale $1.3 Million
- 23 May 2017Listed for Rent - Price not available
- 01 May 2007Listed for Rent - Price not available
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About Valley View 5093
The size of Valley View is approximately 2.9 square kilometres. It has 14 parks covering nearly 18.4% of total area. The population of Valley View in 2016 was 6110 people. By 2021 the population was 6405 showing a population growth of 4.8% in the area during that time. The predominant age group in Valley View is 30-39 years. Households in Valley View are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Valley View work in a professional occupation.In 2021, 77.70% of the homes in Valley View were owner-occupied compared with 79.70% in 2016.
Valley View has 3,005 properties. Over the last 5 years, Houses in Valley View have seen a 115.60% increase in median value, while Units have seen a 100.98% increase. As at 31 March 2026:
- The median value for Houses in Valley View is $931,290 while the median value for Units is $585,064.
- Houses have a median rent of $650 while Units have a median rent of $465.
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