SOLD
Sold on 18 Dec 2023 for $1,031,000

35 Taylor Street
Kadina SA 5554

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 771m2
Sold By
Burgess Rawson VIC Pty Ltd
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Property Details for 35 Taylor St, Kadina

Building Type
Commercial
Year Built
1950
Land Size
771m2
Local Government
Copper Coast
Lot/Plan
A10/F128865

Last Listing description (December 2023)

This commercial property has a prime location in the heart of Kadinas CBD - the shopping hub of the Yoke Peninsula. Easy parking out front, high exposure, updated streets and footpaths, large windows and rear lane access all make this shop a popular location for tenants past and present. Its current lessee is a national franchise with a 5 x 5 x 5 year lease in place and is receiving approximately 8% ROI with a rental return of $80,000 per year Gross. Solar panels have recently been installed to keep those power bills under control for the Lesee plus the shop front has ducted evaporative air-conditioning as well as split systems throughout. This property offers a bluechip investment opportunity for someone looking to reap the rewards of a long term tenancy. Contact the Sales Agent David Bussenschutt on 0429 692 511 for further info.

Buyers will be able to participate in the auction in any one of the following ways:
Online via App; on mobile, tablet or desktop; subject to our pre-registration process.

In-Person (subject to COVID/Government restrictions) available at auction venues:
Sydney Auction: Sydney Opera House, Yallamundi Rooms - Bennelong Point, Sydney NSW 2000
Melbourne Auction: Crown Casino, River Room - 8 Whiteman St, Southbank VIC 3006
Brisbane Auction: Hilton Brisbane, 190 Elizabeth Street, Brisbane City 4000
At any Burgess Rawson state office, and at the offices of participating conjunctional agents; subject to our pre-registration process.
Telephone bidding is available as usual; subject to our pre-registration process.

Property History for 35 Taylor St, Kadina, SA 5554

A timeline of how this property has performed in the market
Last Sold
$1,031,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $1,031,000
  • 25 May 2023
    Listed for Sale $950,000
  • 16 Aug 2022
    Transferred
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About Kadina 5554

The size of Kadina is approximately 102.4 square kilometres. It has 28 parks covering nearly 3.5% of total area. The population of Kadina in 2011 was 2,938 people. By 2016 the population was 2,839 showing a population decline of 3.4% in the area during that time. The predominant age group in Kadina is 50-59 years. Households in Kadina are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kadina work in a trades occupation. In 2011, 69% of the homes in Kadina were owner-occupied compared with 67.7% in 2016.

Kadina has 2,015 properties. Over the last 5 years, Houses in Kadina have seen a 84.34% increase in median value, while Units have seen a 34.02% increase. As at 30 September 2024:

  • The median value for Houses in Kadina is $384,877 while the median value for Units is $340,214.
  • Houses have a median rent of $380.
There are currently 14 properties listed for sale, and no properties listed for rent in Kadina on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Kadina.

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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.