FOR SALE
Contact Agent - Best Offers By 25/11/2024 (USP)

47A Main Street
Lobethal SA 5241

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 373m2
Land area: 434m2
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INVESTORS TAKE NOTE! QUALITY COMMERCIAL BUSINESS PREMISES (BUILDING ONLY)

Rarely available Commercial investment opportunity in the thriving hills township of Lobethal.
Privately but centrally located at 47A Main Street, Lobethal this spacious purpose-built gymnasium sits on a 434 square metre allotment that is virtually maintenance free. Securely leased on a 5 + 5-year agreement to a successful gym/fitness operator the property enjoys a healthy gross return on investment while also showing excellent capital growth.
With all outgoings paid by the Tenant, this building of 373 square metres of floor space is essentially the perfect 'set and forget' investment. In excellent condition throughout, with a kitchen/office, bathroom and children's playroom 47A Main Street, Lobethal is a commercial property that is very worthy of your consideration.
For full details phone Neil Wallis on 0407 895 055 (Please note the business of the Tenant is not for sale - Land/building only available to purchase).

Property Details for 47a Main St, Lobethal

Building Type
Commercial
Floor Size
373m2
Land Size
434m2

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About Lobethal 5241

The size of Lobethal is approximately 27.9 square kilometres. It has 12 parks covering nearly 4.4% of total area. The population of Lobethal in 2011 was 2,345 people. By 2016 the population was 2,528 showing a population growth of 7.8% in the area during that time. The predominant age group in Lobethal is 50-59 years. Households in Lobethal are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lobethal work in a trades occupation. In 2011, 78.3% of the homes in Lobethal were owner-occupied compared with 78.6% in 2016.

Lobethal has 1,325 properties. Over the last 5 years, Houses in Lobethal have seen a 85.81% increase in median value, while Units have seen a 74.32% increase. As at 31 October 2024:

  • The median value for Houses in Lobethal is $733,753 while the median value for Units is $525,596.
  • Houses have a median rent of $540.
There are currently 8 properties listed for sale, and 1 property listed for rent in Lobethal on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Lobethal.

Suburb Insights for Lobethal 5241

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Neil Wallis
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Raine & Horne Oakbank
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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.