SOLD
Sold on 12 Jan 2024 for $1,350,000

21 Gumbowie Avenue
Edwardstown SA 5039

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 350m2
Land area: 785m2
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Property Details for 21 Gumbowie Ave, Edwardstown

Building Type
Commercial
Year Built
1951
Floor Size
350m2
Land Size
785m2
Local Government
Marion
Lot/Plan
A85/D3703

Last Listing description (January 2024)

Raine and Horne Commercial are delighted to present 21 Gumbowie Avenue Edwardstown to the market for sale by Public Auction.

The property consists of a total building area 525m2 which features a free standing office building of 113m2 which was previously used as a snack bar. At the rear is an Office/warehouse of 359m2 with an additional mezzanine storage of 53m2. The warehouse is made majority of besser brick which is built on the both sides and on the rear boundary with an iron clad frontage. The warehouse features good office space, 3 phase power and good roof clearance of 3.8m - 4.7 metres.


The site is regular shaped allotment of 784m2 with a frontage of 19.81 metres and depth of 39.62 metres. Its located within close proximity to major transportation routes and circa 9kms from the CBD.

Currently the premise is leased to two tenants on periodic leases (monthly tenancies) paying a combined monthly rent of $3,428 plus GST along with statutory outgoings

Auction to be held onsite on the 19th (Thursday) of October 2023 at 11am
PRICE GUIDE - IN EXCESS OF $950,000

Daniel Romeo 0413 383 370
RLA 205498


(Any outlines indicative only)
ALL AREAS AND DIMENSIONS ARE APPROXIMATE ONLY AND HAVE NOT BEEN SURVEYED. PROSPECPECTIOVE PRUCAHSERS SHOULD MAKE THEIR OWN ENQUIRES IN REGARDS TO ACCURCY OF ALL DIMEMSIONS

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Property History for 21 Gumbowie Ave, Edwardstown, SA 5039

A timeline of how this property has performed in the market
Last Sold
$1,350,000
12 Jan 2024
Listed for Rent
$460/w
05 Mar 2015
  • 12 Jan 2024
    Sold for $1,350,000
  • 13 Sep 2023
    Listed for Sale Auction
  • 04 Mar 2015
    Listed for Rent $24,000 / year
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About Edwardstown 5039

The size of Edwardstown is approximately 2.3 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Edwardstown in 2011 was 3,948 people. By 2016 the population was 4,324 showing a population growth of 9.5% in the area during that time. The predominant age group in Edwardstown is 20-29 years. Households in Edwardstown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edwardstown work in a professional occupation. In 2011, 51.6% of the homes in Edwardstown were owner-occupied compared with 50.2% in 2016.

Edwardstown has 2,588 properties. Over the last 5 years, Houses in Edwardstown have seen a 85.76% increase in median value, while Units have seen a 84.30% increase. As at 30 November 2024:

  • The median value for Houses in Edwardstown is $903,126 while the median value for Units is $583,166.
  • Houses have a median rent of $595 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and no properties listed for rent in Edwardstown on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Edwardstown.

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