OFF MARKET

142/220 Greenhill Road
Eastwood SA 5063

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 81m2
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Property Details for 142/220 Greenhill Rd, Eastwood

Building Type
Commercial
Year Built
2005
Land Size
81m2
Local Government
Burnside
Lot/Plan
F142/C22863

Last Listing description (February 2010)

World Class Wine Cellar and Communication Towers...
Unique Investment Opportunity...
Air Wine Cellar with Telstra and Optus Communication Tower Leases all on one title.

Fabulous opportunity to secure your very own international wine cellar superbly located on the ground floor of the Air Apartment complex building. Currently utilised as exclusive and individual, leased wine storage araes for serious wine collectors...
Also included on the title is the communication bay on the roof of the building which is currently leased to Optus Mobile Pty Ltd and Telstra Corporation Ltd.
Lease 1, Telstra 09-10 $19,144.22 per annum
Commencement 1st December 2004 to December 2014 + 5 +5
Rent yearly in advance, 5% increase per year
Lease 2, Optus 09-10 $19,144.22 per annum
Commencement 12th January 2005 + 5 + 5 + 5
Rent yearly in advance, 5% increases per year
All enquiries for this unique business opportunity please contact John Williams, 0411 747555
RLA 2048

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Property History for 142/220 Greenhill Rd, Eastwood, SA 5063

A timeline of how this property has performed in the market
Last Sold
$385,000
26 Feb 2010
  • 26 Feb 2010
    Sold for $385,000
  • 08 Jan 2010
    Listed for Sale POA

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About Eastwood 5063

The size of Eastwood is approximately 0.3 square kilometres. It has 2 parks covering nearly 2.1% of total area. The population of Eastwood in 2011 was 778 people. By 2016 the population was 786 showing a population growth of 1.0% in the area during that time. The predominant age group in Eastwood is 60-69 years. Households in Eastwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Eastwood work in a professional occupation. In 2011, 58.1% of the homes in Eastwood were owner-occupied compared with 61.3% in 2016.

Eastwood has 595 properties. Over the last 5 years, Houses in Eastwood have seen a 74.19% increase in median value, while Units have seen a 38.22% increase. As at 30 September 2024:

  • The median value for Houses in Eastwood is $1,376,807 while the median value for Units is $641,355.
  • Houses have a median rent of $688 while Units have a median rent of $640.
There are currently no properties listed for sale, and no properties listed for rent in Eastwood on OnTheHouse. According to CoreLogic's data, 22 properties were sold in the past 12 months in Eastwood.

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