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 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 2,583 properties. Over the last 5 years, Houses in Edwardstown have seen a 80.74% increase in median value, while Units have seen a 73.70% increase. As at 31 July 2024:
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