FOR SALE
$1,480,000

42 Poynton Street
Ceduna SA 5690

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 751m2
Land area: 861m2
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Attention Investors! Dominant Regional Retail Hub

Fully leased showing an 8.3% return on investment.
Corner CBD site with the best exposure in the thriving regional centre of Ceduna.
- A commercial site with mix of retail businesses and commercial office tenancies.
- Fully tenanted annual rental income of AUD $147,357.52 excluding GST.
- Split level commercial development with seven ground floor retail tenancies and one upper level office tenancy.
- Extensive frontage 33.39 metres on Poynton Street and 25.15 metres on McKenzie Street.
- Combined land area of 861 square metres.
- Note, no GST payable being sold as a 'going concern' within the meaning of GST Law.
- No stamp duty payable.
- The site has excellent on street parking and easy access to all tenancies.
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Property Details for 42 Poynton St, Ceduna

Building Type
Commercial
Floor Size
751m2
Land Size
861m2

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About Ceduna 5690

The size of Ceduna is approximately 404.3 square kilometres. It has 15 parks covering nearly 0.9% of total area. The population of Ceduna in 2011 was 2,067 people. By 2016 the population was 1,871 showing a population decline of 9.5% in the area during that time. The predominant age group in Ceduna is 0-9 years. Households in Ceduna are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ceduna work in a community and personal service occupation. In 2011, 56% of the homes in Ceduna were owner-occupied compared with 53.6% in 2016.

Ceduna has 1,238 properties. Over the last 5 years, Houses in Ceduna have seen a 41.17% increase in median value, while Units have seen a 50.23% increase. As at 31 August 2024:

  • The median value for Houses in Ceduna is $280,473 while the median value for Units is $256,116.
  • Houses have a median rent of $360 while Units have a median rent of $178.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Ceduna on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Ceduna.

Suburb Insights for Ceduna 5690

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Steve Kemp
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Carl Semmler
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Kemp Real Estate RLA1292 - Port Lincoln
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.