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Overview
This spacious commercial property at 1385 Golden Grove Road presents an expansive site of approximately 3,494 square meters, with a substantial building footprint of 995 square meters. The site features multiple tenancies, enhancing its potential as a versatile investment opportunity for businesses seeking diverse rental incomes or flexible operational spaces.
The property benefits from dual street access, improving logistics and traffic flow for multiple tenants or future developments. Additional development potential is noted, subject to council approval, providing scope for investors and developers to tailor the site to their specific needs or capitalize on growth in this vibrant region.
Strategically located in Golden Grove, South Australia, this site blends comprehensive space with accessibility. The extensive land and building sizes accommodate a range of commercial activities, serving a variety of business sectors. This makes the property a strong candidate for investors aiming for long-term asset growth or established enterprises in need of significant operational facilities.
The current multiple tenancy arrangement provides diversified revenue streams, reducing investment risk. The flexibility of the layout further supports adaptation to changing market demands or business expansion plans. For developers, the land offers a canvas for innovative design and functionality in line with STA council provisions.
Contact options are facilitated via experienced local agents, ensuring professional handling of enquiries and transactions. Overall, this property represents a robust commercial asset in a sought-after location with tangible growth and redevelopment prospects.
Local Market Insights
In Adelaide - North, Quiet Listings observed 6 new commercial properties entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $2,941,667. The property type mix of listed properties is predominantly Houses at 81%, followed by land (8%), and units (4%). Canford Estate Agents was the most active agency in this area, representing 50.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Golden Grove SA 5125
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 995 mΒ² |