31-31B Adelaide RoadGawler South SA 5118
Property Details for 31-31b Adelaide Rd, Gawler South
Last Listing description (November 2023)
This is a rare opportunity to secure an outstanding investment property and prime land holding in Gawler's premier professional services district.
Located opposite McDonald's and in close proximity to Pizza Hut, Noodle Box, KFC and various other high profile businesses.
The site has valuable rear car parking and given the size of the allotment, further development potential to unlock in the future.
Boasting three established tenants, each with strong lease terms in place, this property stands as a highly profitable addition to any investment portfolio.
Key features:
- Nett Rental: $53,776 p.a. (exc GST)
- Excellent lease terms
- 250sqm* building area
- 950sqm* site area
- High profile with exposure to over 20,400* vehicles per day
- 20m* frontage to Adelaide Road
- Zoning: Township Main Street - TMS
For Sale by Expressions of Interest closing Thursday 12th December 2023 at 4:00 pm.
For further details or to arrange an inspection 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.
Property History for 31-31b Adelaide Rd, Gawler South, SA 5118
- 19 Jan 2024Sold for $900,000
- 13 Nov 2023Listed for Sale Expressions of interest - Closing 12th December
- 18 Sep 2019Listed for Rent - Price not available
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About Gawler South 5118
The size of Gawler South is approximately 2.7 square kilometres. It has 9 parks covering nearly 7% of total area. The population of Gawler South in 2011 was 2,435 people. By 2016 the population was 2,454 showing a population growth of 0.8% in the area during that time. The predominant age group in Gawler South is 50-59 years. Households in Gawler South are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gawler South work in a trades occupation. In 2011, 64.8% of the homes in Gawler South were owner-occupied compared with 64.2% in 2016.
Gawler South has 1,618 properties. Over the last 5 years, Houses in Gawler South have seen a 111.16% increase in median value, while Units have seen a 113.27% increase. As at 31 October 2024:
- The median value for Houses in Gawler South is $644,222 while the median value for Units is $406,613.
- Houses have a median rent of $455 while Units have a median rent of $395.
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