2/3A Newcastle CrescentCavan SA 5094
Property Details for 2/3a Newcastle Cres, Cavan
Last Listing description (October 2020)
Excellent opportunity to secure this commercial investment securely leased to blue-chip tenant The Good Guys Warehouse.
Mastracorp Real Estate are pleased to offer this industrial office/ warehouse located in the Prime Cavan industry precinct.
Features to the property include:
- A total building area of 1,414 sqm (approx.)
- Zoning: Industry
- Secure yard with fencing and ample onsite car parking
- Concrete tilt up with a high clearance of 8.6m *
- Currently tenanted by The Good Guys with Total of $122,768.0 Rental Income per annum + Outgoings + GST
*approx.
If you would like to inspect the property or require additional information, please do not hesitate to contact Nicolas Mastrangelo on 0401 790 753 or Pasquale Mastrangelo on 0409 465 863 or Mastracorp Landline on (08) 8212 0140.
Property Code: 1811
Property History for 2/3a Newcastle Cres, Cavan, SA 5094
- 01 Apr 2022Sold for $2,867,924
- 20 Sep 2019Listed for Sale $2,000,000
- 01 Jul 2010Sold for $1,760,000
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0About Cavan 5094
The size of Cavan is approximately 1.9 square kilometres. It has 10 parks covering nearly 13.2% of total area. The population of Cavan in 2011 was 10,871 people. By 2016 the population was 29 showing a population decline of 99.7% in the area during that time. The predominant age group in Cavan is 10-19 years. Households in Cavan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cavan work in a community and personal service occupation. In 2006, 100% of the homes in Cavan were owner-occupied compared with 63.4% in 2011..
Cavan has 289 properties. As at 31 October 2024:
- The median value for Houses in Cavan is $764,290.
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