60-62 Railway TerraceCummins SA 5631
Property Details for 60-62 Railway Tce, Cummins
Last Listing description (April 2023)
Vendor very keen to sell - make an offer today!!
This well known, long held commercial space in Cummins is on the market and available for purchase.
The property consists of an open plan, carpeted merchandise and display area, private office spaces and a kitchenette.
The secure yard is accessible via either side of the building and has an undercover storage area and a separate lockable shed.
Currently this property is returning $2,166 ex GST per month, so investment is a definite option for those looking to get into the commercial market.
Contact David Guidera today to arrange an inspection on 0427 762 566.
Property History for 60-62 Railway Tce, Cummins, SA 5631
- 14 Apr 2023Sold for $200,000
- 06 Sep 2022Listed for Sale Make An Offer - Vendor Keen to Sell!
- 31 May 2006Sold for $140,000
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0About 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.
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