112 Murray StreetGawler SA 5118
Property Details for 112 Murray St, Gawler
Last Listing description (November 2022)
112 Murray St offers the successful investor a well presented character building with a longstanding tenant - an exemplary addition to any property portfolio.
Located in the heart of Gawler's Main Street and shopping district, this a rare opportunity to secure a long term tenant in one of South Australia's fastest growing regions.
The property is positioned between Specsavers and MGA Insurance and sits across the road from CBA, Cash Converters and Bank SA, confirming this as a premium and desirable location of big business.
Leased until 31 July 2027
- New 5 year lease commencing 1/8/2022 to 31/7/2027
- Option to extend the lease by a further 5 years to 2032
- $43,636 p.a. plus GST nett rental with built in annual CPI reviews
- Total building area: 320sqm*
- Over 20,000* passing vehicles per day
- 0% Stamp Duty!
About the tenant:
"TCOY Salon and Spa have been providing our clients with up-to date treatments and services for over 20 years and in this time have gained a wealth of knowledge and industry experience. We pride ourselves on our excellent reputation and still remain the most recognised salon and spa in the Gawler and surrounding regions"
For further information please contact Jackson Dare 0423 771 611
All information contained herein is gathered from sources deemed to be reliable. However, we cannot guarantee its accuracy and interested persons should seek their own enquiries.
*approximately
Property History for 112 Murray St, Gawler, SA 5118
- 15 Nov 2022Sold for $810,000
- 06 Jun 2022Listed for Sale Expressions of Interest
- 30 Nov 2010Sold for $635,000
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0About Gawler 5118
The size of Gawler is approximately 1.1 square kilometres. It has 12 parks covering nearly 36.7% of total area. The population of Gawler in 2011 was 688 people. By 2016 the population was 661 showing a population decline of 3.9% in the area during that time. The predominant age group in Gawler is 50-59 years. Households in Gawler are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gawler work in a professional occupation. In 2011, 53.5% of the homes in Gawler were owner-occupied compared with 54.1% in 2016.
Gawler has 580 properties. Over the last 5 years, Houses in Gawler have seen a 87.62% increase in median value, while Units have seen a 118.92% increase. As at 31 October 2024:
- The median value for Houses in Gawler is $522,370 while the median value for Units is $435,805.
- Houses have a median rent of $313 while Units have a median rent of $248.
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