SOLD
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Sold on 19 Jan 2024 - Price Unavailable

7-9 Randell Street
Mannum SA 5238

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 511m2
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Property Details for 7-9 Randell St, Mannum

Building Type
Commercial
Land Size
511m2

Last Listing description (January 2024)

Commercial Property in a great location! Close to all facilities and amenities
Fabulous opportunity in the busy township of Mannum, right on the Murray River and an extremely popular tourism destination
Plenty of foot traffic, local residents and holiday makers

Current tenancies include a large restaurant, caterer and hairdresser
3 premises, all currently tenanted, income of almost $37k pa net of GST
Property includes 3 tenanted businesses, shared communal private access area with bathroom, storage rooms
Vacant large garage to rear available too for storage or potential rental
Main Street frontage on a 511m2 allotment
Contact Agent for further details on this superb investment opportunity!

Property History for 7-9 Randell St, Mannum, SA 5238

A timeline of how this property has performed in the market
Last Sold
19 Jan 2024
Listed for Rent
$7.80k/w
17 Jul 2023
  • 19 Jan 2024
    Sold for $450,000
  • 26 Aug 2023
    Listed for Sale $ 465,000
  • 29 Sep 2022
    Listed for Rent - Price not available
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About Mannum 5238

The size of Mannum is approximately 256.3 square kilometres. It has 22 parks covering nearly 0.2% of total area. The population of Mannum in 2011 was 2,567 people. By 2016 the population was 2,651 showing a population growth of 3.3% in the area during that time. The predominant age group in Mannum is 60-69 years. Households in Mannum are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mannum work in a trades occupation. In 2011, 70.5% of the homes in Mannum were owner-occupied compared with 68.3% in 2016.

Mannum has 2,554 properties. Over the last 5 years, Houses in Mannum have seen a 93.79% increase in median value, while Units have seen a 123.14% increase. As at 30 November 2024:

  • The median value for Houses in Mannum is $479,627 while the median value for Units is $371,673.
  • Houses have a median rent of $450.
There are currently 75 properties listed for sale, and 7 properties listed for rent in Mannum on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in Mannum.

Suburb Insights for Mannum 5238

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Contact agent
Peter Wright
Show contact details
BH Partners
Preferred contact:
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.