SOLD
Sold on 23 Feb 2024 for $800,000

10 Anderson Street
Barmera SA 5345

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2245m2
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Property Details for 10 Anderson St, Barmera

Building Type
Land
Land Size
2245m2
Local Government
Berri Barmera
Lot/Plan
A5/D27559

Last Listing description (October 2023)

Located in the heart of Barmera's central business district, in close proximity to the Barmera Hotel and shopping precinct. With direct access to the Sturt Highway and continuation of the Old Sturt Highway.
Barmera is a town north east of the Adelaide CBD and forms apart the Riverland region of South Australia. Barmera is primarily an agricultural and viticultural town nearby the Lake Bonney Riverland lake.

Leedwell is pleased to present 10 Anderson Street, Barmera to market for sale.

This industrial asset has the following key investment features:

- Fully leased to Loxton Irrigation Centre Pty Ltd
- Current net income - $60,000pa + Outgoings
- Annual rent increases fixed at 3%
- Brand new building; 5yr lease to May 2028 + 2x 5yr options
- Total GLA 600sqm split over warehouse and showroom
- Total site area 2,245sqm
- Zoned: Strategic Employment

For further information please contact the exclusive agents at Leedwell.

Property History for 10 Anderson St, Barmera, SA 5345

A timeline of how this property has performed in the market
Last Sold
$800,000
23 Feb 2024
  • 23 Feb 2024
    Sold for $800,000
  • 31 Jul 2023
    Listed for Sale Contact Agent
  • 28 Oct 2022
    Sold for $110,000
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About Barmera 5345

The size of Barmera is approximately 76.7 square kilometres. It has 19 parks covering nearly 1.9% of total area. The population of Barmera in 2011 was 3,015 people. By 2016 the population was 2,928 showing a population decline of 2.9% in the area during that time. The predominant age group in Barmera is 60-69 years. Households in Barmera are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Barmera work in a labourer occupation. In 2011, 65% of the homes in Barmera were owner-occupied compared with 62.8% in 2016.

Barmera has 1,686 properties. Over the last 5 years, Houses in Barmera have seen a 83.14% increase in median value, while Units have seen a 59.31% increase. As at 31 August 2024:

  • The median value for Houses in Barmera is $341,849 while the median value for Units is $280,448.
  • Houses have a median rent of $350 while Units have a median rent of $210.
There are currently 17 properties listed for sale, and 6 properties listed for rent in Barmera on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Barmera.

Suburb Insights for Barmera 5345

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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.