1/30 The Strand Colonel Light Gardens SA 5041
Property Details for 1/30 The Strand, Colonel Light Gardens
1/30 The Strand, Colonel Light Gardens is a bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 579m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (March 2021)
Auction Saturday 23rd January at 11:30am (USP)
A highly unique and appealing opportunity to both investors, developers and owner-occupier businesses presents itself on a tree-lined street in the desirable sought after suburb of Colonel Light Gardens.
On offer, a mixture of two commercial shop fronts and a residential home at rear currently disposed as one shop and a three-bedroom house.
Promising strong capital appreciation and rental growth as well as the option to utilise existing improvements with huge scope for further redevelopment.
An ideal investment property positioned exclusively on The Strand alongside popular shops including Local Crowd Cafe, Ponder Posy Florist and Little Bohemian Gift Store, as well as walking distance to Mortlock Park, easy access to reputable schooling, public transport and various amenities on Goodwood Road.
Shop features:
-Currently used as a medical surgery
-Versatile floor plan suitable for multiple uses
-Disabled access and toilet facilities
-Highly sought after tenancy with a pre-qualified list of applicants waiting to occupy if needed
-Option to rent out the shop and house individually
House features:
-High rental return
-Three spacious bedrooms, two with built-in wardrobes
-Generous living area
-High ceilings and polished timber floorboards throughout
-Updated kitchen with Smeg appliances and ample storage space
-Light-filled dining area
-Large backyard with entertaining area
-Garage at the rear with automatic roller door
-Valuable rear lane access
-Option to reside in the house and operate a business from home
-Close to schools, shops and public transport in a family-friendly neighbourhood
Property History for 1/30 The Strand, Colonel Light Gardens, SA 5041
- 26 Feb 2021Sold for $965,000
- 18 Dec 2020Listed for Sale Auction
- 29 Aug 2011Listed for Sale SOLD BEFORE AUCTION
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About Colonel Light Gardens 5041
The size of Colonel Light Gardens is approximately 1.5 square kilometres. It has 10 parks covering nearly 8.4% of total area. The population of Colonel Light Gardens in 2011 was 3,311 people. By 2016 the population was 3,365 showing a population growth of 1.6% in the area during that time. The predominant age group in Colonel Light Gardens is 40-49 years. Households in Colonel Light Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Colonel Light Gardens work in a professional occupation. In 2011, 86% of the homes in Colonel Light Gardens were owner-occupied compared with 85.8% in 2016.
Colonel Light Gardens has 1,242 properties. Over the last 5 years, Houses in Colonel Light Gardens have seen a 86.98% increase in median value, while Units have seen a 37.55% increase. As at 31 October 2024:
- The median value for Houses in Colonel Light Gardens is $1,272,629 while the median value for Units is $433,176.
- Houses have a median rent of $650 while Units have a median rent of $250.
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