Leased to Lucesco Lighting Australia Pty Ltd on a 3 x 3 lease commenced 1st January 2017. Current rental return approx $72,000 per annum (excluding GST and outgoings) with a lettable area of 646sqm approx, ground floor 421sqm, first floor 225sqm with private parking and excellent main road exposure. Superb location among quality tenants with easy access to the city and within very close proximity to Adelaide Airport.
Rates
Council - $6,103.15 per annum
The size of Cowandilla is approximately 0.5 square kilometres. It has 2 parks covering nearly 3.3% of total area. The population of Cowandilla in 2011 was 1,355 people. By 2016 the population was 1,417 showing a population growth of 4.6% in the area during that time. The predominant age group in Cowandilla is 20-29 years. Households in Cowandilla are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cowandilla work in a professional occupation. In 2011, 54.4% of the homes in Cowandilla were owner-occupied compared with 52.3% in 2016.
Cowandilla has 649 properties. Over the last 5 years, Houses in Cowandilla have seen a 87.72% increase in median value, while Units have seen a 64.98% increase. As at 31 October 2024:
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