SOLD
Sold on 15 Feb 2024 for $1,650,000

3 Kiwi Court
Lonsdale SA 5160

Bedrooms: -
Bathrooms: -
Car spaces: 7
Land area: 2467m2
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Property Details for 3 Kiwi Ct, Lonsdale

Building Type
Commercial
Year Built
2010
Land Size
2467m2
Local Government
Onkaparinga
Lot/Plan
A13/D19650

Last Listing description (February 2024)

Quality Industrial Leased Investment

Raine and Horne Commercial are delighted to present 3 Kiwi Court Lonsdale to the market for sale by Public Auction.

Quality investment opportunity, long established tenant on long term lease.


The property has a long history of being the home of Colonial Lace and Wadham Brothers a well-known, high quality metal products manufacturing facility.

Consisting of approximately 1,250 square metres of improvements and located on a site of approximately 2,465 square metres with a frontage of approximately 49 metres to Kiwi Court. The improvements consist of a metal clad workshop / warehouse facility with concrete floors along with brick office / amenities. Located in the thriving Lonsdale industrial estate

Lease Details

The Premises are leased to Mahdaw C.L. Pty. Limited ACN 137 945 110 trading as Wadham Bros. and Colonial Lace for Five years at a current rent of $100,000 + GST. Building Insurance and Statutory outgoings (excluding Land Tax) are payable by the Lessee. Current lease expiry is 31 October 2028 with the Lessee having two five-year options to renew.

Rent is reviewed annually to 4% with a market review at the commencement of the renewed terms

Inspection by appointment with the selling agent call David Burford 0447 200 732

* All areas are approximate

RLA 205498

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Property History for 3 Kiwi Ct, Lonsdale, SA 5160

A timeline of how this property has performed in the market
Last Sold
$1,650,000
15 Feb 2024
  • 15 Feb 2024
    Sold for $1,650,000
  • 25 Oct 2023
    Listed for Sale SOLD
  • 20 Jul 2009
    Sold for $570,000

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About Lonsdale 5160

The size of Lonsdale is approximately 9.9 square kilometres. It has 10 parks covering nearly 4.2% of total area. The population of Lonsdale in 2011 was 27 people. By 2016 the population was 18 showing a population decline of 33.3% in the area during that time. The predominant age group in Lonsdale is 70-79 years. In general, people in Lonsdale work in a trades occupation..

Lonsdale has 992 properties. As at 31 October 2024:

  • The median value for Houses in Lonsdale is $954,896 while the median value for Units is $423,838.
There are currently 1 property listed for sale, and 11 properties listed for rent in Lonsdale on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Lonsdale.

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Raine & Horne Commercial SA
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