OFF MARKET

40 Bruce Terrace
Cummins SA 5631

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 195m2
Land area: 2035m2
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Property Details for 40 Bruce Tce, Cummins

Building Type
Commercial
Floor Size
195m2
Land Size
2035m2

Last Listing description (February 2023)

Massive Price Reduction - $270,000 Walk In Walk Out!!
Keen seller for a business that shows very reliable profitable figures and positive growth every year.

Located in Cummins on the Lower Eyre Peninsula, this thriving mechanic and auto electrician business is ready for a new owner to take over and make their mark.
Cummins is a busy regional centre and is home to the local area school, Hospital, IGA, Post Office, Butcher, Bakery, Bank and Hotel. Servicing a strong agricultural sector, Cummins is also home to several large machinery dealerships and retail Ag suppliers. Cummins has a strong sense of community fostered through many avenues including, sporting clubs, community garden, Men's Shed, local church's, Cummins Our Town group and many other community engagement groups.
Cummins Garage has been owned and operated by the current owners for the past eight years, this business has had a complete facelift with a new office space and display room and a completely fitted out large modern workshop. The current owners have revamped the business and have developed a reputation for reliable, honest operations and backed it up with quality work through their management and highly skilled employees.
The sale is for the business and stock only, the stock includes all tools and workshop equipment required to run the business, vehicles including 2010 Ford Transit Auto Electrician Van, two loan cars, two utilities, forklift and tilt car trailer. A full list of the equipment and vehicles is available upon request.
The rental cost of the building is also available upon request.
This is a readymade business with excellent turnover and strong community support, call David today to find out more.

Property History for 40 Bruce Tce, Cummins, SA 5631

A timeline of how this property has performed in the market
Last Sold
$195,000
13 Feb 2014
    No history found for this property.

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About Cummins 5631

The size of Cummins is approximately 519 square kilometres. It has 6 parks covering nearly 0.1% of total area. The population of Cummins in 2011 was 1,045 people. By 2016 the population was 962 showing a population decline of 7.9% in the area during that time. The predominant age group in Cummins is 0-9 years. Households in Cummins are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cummins work in a managers occupation. In 2011, 70.1% of the homes in Cummins were owner-occupied compared with 72% in 2016.

Cummins has 632 properties. Over the last 5 years, Houses in Cummins have seen a 84.24% increase in median value. As at 31 October 2024:

  • The median value for Houses in Cummins is $364,632 while the median value for Units is $267,468.
  • Houses have a median rent of $235.
There are currently 7 properties listed for sale, and no properties listed for rent in Cummins on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Cummins.

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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.