24-28 Wayford StreetElizabeth Vale SA 5112
Property Details for 24-28 Wayford St, Elizabeth Vale
24-28 Wayford St, Elizabeth Vale is a bedroom, bathroom Unit and was built in 2002. The property has a land size of 7096m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (May 2009)
25 YEAR LEASE AGED CARE FREEHOLD - Yield 9%+
-Yield 9%+ guaranteed by ASX listed company.
-Little Para Hostel comprises 62 low care places with community facilities.
-Lease commitments and performance guaranteed by Lend Lease Primelife.
-Current passing rent: $720,656 p.a.
-25 + 5+5+5 year lease commencing from July 2003.
-All outgoings and costs are responsibility of the lessee.
-Fixed annual rent increases & regular market review.
-Business revert back to freehold owner at the end of lease.
-Excellent opportunity to secure high yield assets with long term leases and secured long term rental income stream.
Property History for 24-28 Wayford St, Elizabeth Vale, SA 5112
- 29 Nov 2022Sold for $9,700,000
- 28 Aug 2009Transferred
- 04 May 2009Listed for Sale Not Disclosed
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About Elizabeth Vale 5112
The size of Elizabeth Vale is approximately 2.5 square kilometres. It has 11 parks covering nearly 28.4% of total area. The population of Elizabeth Vale in 2011 was 3,589 people. By 2016 the population was 4,065 showing a population growth of 13.3% in the area during that time. The predominant age group in Elizabeth Vale is 0-9 years. Households in Elizabeth Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth Vale work in a labourer occupation. In 2011, 45.8% of the homes in Elizabeth Vale were owner-occupied compared with 46.3% in 2016.
Elizabeth Vale has 1,617 properties. Over the last 5 years, Houses in Elizabeth Vale have seen a 150.95% increase in median value, while Units have seen a 110.60% increase. As at 31 October 2024:
- The median value for Houses in Elizabeth Vale is $557,178 while the median value for Units is $320,967.
- Houses have a median rent of $470 while Units have a median rent of $360.
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