OFF MARKET

42-46 Bruce Terrace
Cummins SA 5631

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9236m2
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Property Details for 42-46 Bruce Tce, Cummins

Building Type
Commercial
Land Size
9236m2
Local Government
Lower Eyre Peninsula
Lot/Plan
A22/D1861

Last Listing description (September 2024)

Perfectly positioned within one of Australia's premier grain growing regions, Cummins Milling presents the opportunity to leverage the combination of a 94-year-old history and a versatile, multi-faceted business into its next successful chapter.

Located in Cummins and within an easy 45-minute drive from the regional centre of Port Lincoln, this state-of-the-art mill has stood the test of time since its establishment in 1930 and has only become available due to the impending retirement of the local farming family current owners.

Ideally situated close to the source of one the richest and most diverse grain growing areas in Australia, this Eyre Peninsula business has built strong relationships with the region's farmers, and boasts easy access to domestic and export market delivery of its broad range of finished product.

Well established, respected and with a diverse range of customers, Cummins Milling presents the prospect to further develop existing potential markets and product lines from the strong foundation built over what is approaching 100 years.

Features:
? Grain storage approximately 3,000 tonnes
? 6 x 50 tonne silos
? Robotic palletiser
? Grid & elevator system
? Significant shedding for storage and dispatch
? Administration building (erected 2020)
? Mineral supplement capacity
? Efficiency enhanced with 137 solar panels

Property History for 42-46 Bruce Tce, Cummins, SA 5631

A timeline of how this property has performed in the market
Last Sold
$528,000
22 Jul 2016
  • 09 Aug 2022
    Listed for Sale $2,750,000 + Stock
  • 27 Apr 2021
    Listed for Sale $3,600,000 + Stock
  • 22 Jul 2016
    Sold for $528,000
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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.