98 Springbank Road,
Clapham, SA 5062

Showrooms & Large Format Retail

Key property information

Land area

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Property extent

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Map of 98 Springbank Road

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High Exposure Investment Opportunity in Clapham - Open Friday 16 September 2022 @ 12:30pm - 1pm

Buy this iconic local shopping centre on Springbank Road in Clapham.

Set on a corner allotment of 915m2 (approx), this diverse retail centre can be yours!

- 5 tenancies over 7 shops
- Secure leases, long term tenants
- $55,192 rental income ( approx. ) + GST + Outgoings
- Mixed uses - hairdresser, café, art studio, gift shop & butcher
- Onsite parking for 7 - 8 cars
- Tenancy schedule upon request

Auction Friday 16 September 2022 @ 1pm (Unless Sold Prior)

Council: City of Mitcham
Land Size: 915m2 ( approx. )
Zoned: Commercial
Council Rates: $5,442.60 pa
Water: $70.80pq
Sewer: $166.47pq
ESL: $948.85pa

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Clapham, 5062 demographic data

The median household income for Clapham is $2,321, 50% higher than Greater Adelaide's household income of $1,548. Clapham has an older age profile compared to the rest of Greater Adelaide (median age 42 vs 39). Property ownership data shows 52% of property owners in Clapham have a mortgage.

1,685

Population

$2,321 per week

Median household income

42 years

Median age

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Most residents

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