22 Edison DriveGolden Grove SA 5125
Property Details for 22 Edison Dr, Golden Grove
Last Listing description (April 2024)
Raine & Horne Commercial are pleased to present to the market 22 Edison Drive, Golden Grove for sale by Expression of Interest.
Located in a tightly held industrial precinct of Golden Grove this opportunity provides a low maintenance investment with future opportunity to occupy.
The property is current leased at a net rental of $32,760 plus GST until 31st December 2026 with one further right of renewal of 3 years and with annual 5% rent increases.
Key Features Include
- Land Area 888m2*
- Quality Workshop/Office 297m2*
- 4 Roller Doors into Workshop
- Near New Evap Air Con in Workshop
- 3 Phase Power
- Solar System
- Secure & Fully fenced
- Ample Hardstand & Parking
- Zoned Employment by City of Tea Tree Gully
For Sale by Expression of Interest closing Thursday 18th April 2024 at 12pm (Unless Sold Prior)
PRICE GUIDE - In excess of $720,000
Daniel Romeo 0413 383 370
RLA 205498
*Approximately
Property History for 22 Edison Dr, Golden Grove, SA 5125
- 21 May 2024Sold for $802,000
- 19 Mar 2024Listed for Sale Contact Agent
- 30 Sep 2021Sold for $528,000
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0About Golden Grove 5125
The size of Golden Grove is approximately 16.4 square kilometres. It has 41 parks covering nearly 7.6% of total area. The population of Golden Grove in 2011 was 9,429 people. By 2016 the population was 10,234 showing a population growth of 8.5% in the area during that time. The predominant age group in Golden Grove is 50-59 years. Households in Golden Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Golden Grove work in a professional occupation. In 2011, 73.2% of the homes in Golden Grove were owner-occupied compared with 73.3% in 2016.
Golden Grove has 4,242 properties. Over the last 5 years, Houses in Golden Grove have seen a 75.49% increase in median value, while Units have seen a 97.85% increase. As at 31 October 2024:
- The median value for Houses in Golden Grove is $893,200 while the median value for Units is $611,586.
- Houses have a median rent of $590 while Units have a median rent of $525.
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