OFF MARKET

24 Langford Drive
Elizabeth SA 5112

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1337m2
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Property Details for 24 Langford Dr, Elizabeth

Building Type
Commercial
Land Size
1337m2
Local Government
Playford
Lot/Plan
A100/F12287

Last Listing description (June 2013)

Outstanding Investment Opportunity Adjacent Elizabeth Shopping Centre - Lease to Boystown
This exceptional property is leased to BoysTown Inc. BoysTown was established in 1961 by the De La Salle Brothers as a boys residential school in Queensland. They now provide a wide range of services nationally for boys, girls and young families. For more information visit their website at www.boystown.com.au
The lease commenced 18th May 2009 and the first term expired 30th June 2012 with two further rights of renewal each of 3 years. Boystown have renewed the lease to 30th June 2015. The Commencing rental was $81,000 per annum and the current rent is $87,698.18 pa plus outgoings and GST.

The rent is reviewed annually to CPI and a market review 1st July 2015.
The building was built originally as a Retravision Store and is of tilt concrete construction with iron deck roof. The premises was renovated at the commencement of the current lease with new carpets throughout, new air conditioning and painted throughout.
The total building area is approx 450 m2 and the land size is approx 1337 m2. There is car parking at the front and rear.

Property History for 24 Langford Dr, Elizabeth, SA 5112

A timeline of how this property has performed in the market
Last Sold
$1,096,225
23 Jul 2013
  • 23 Jul 2013
    Sold for $1,096,225
  • 07 May 2011
    Listed for Sale PRICE UPON APPLICATION
  • 18 Nov 2008
    Listed for Sale Not Disclosed
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About Elizabeth 5112

The size of Elizabeth is approximately 1.9 square kilometres. It has 9 parks covering nearly 27.4% of total area. The population of Elizabeth in 2011 was 1,038 people. By 2016 the population was 1,024 showing a population decline of 1.3% in the area during that time. The predominant age group in Elizabeth is 30-39 years. Households in Elizabeth are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth work in a labourer occupation. In 2011, 45.5% of the homes in Elizabeth were owner-occupied compared with 45.3% in 2016.

Elizabeth has 588 properties. Over the last 5 years, Houses in Elizabeth have seen a 172.73% increase in median value, while Units have seen a 118.77% increase. As at 31 October 2024:

  • The median value for Houses in Elizabeth is $509,315 while the median value for Units is $305,985.
  • Houses have a median rent of $395 while Units have a median rent of $220.
There are currently 1 property listed for sale, and no properties listed for rent in Elizabeth on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Elizabeth.

Suburb Insights for Elizabeth 5112

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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.