1/26 Bennet AvenueMelrose Park SA 5039
Property Details for 1/26 Bennet Ave, Melrose Park
Last Listing description (October 2024)
Set within Melrose Park's industrial precinct zoned as Strategic Employment (SE) on the corner of Bennet Ave and Jordon Rd and in a group of 4 equally proportioned Warehouse/ Offices, lies this fantastic investment opportunity.
Features include:
- Total Building Area: 301.6 sqm*
- High Clearance roller door rear access
- Front customer and rear staff carparking
- Freshly renovated with new purpose built office fit-out, kitchen and amenities
- Tenanted to Cornell Design @ $49,646.72 p.a. + GST
- Outgoings payable by Tenant (Council, Water, ESL, Management, Insurance)
- Tenants have recently invested in solar panels on the building creating operational efficiency and minimizing their carbon foot-print.
Rates and Levies:
Council Rates: $3,983.30 per annum
ESL: $928.90 per annum
SA Water: $254.39 per quarter + usage
Strata Levy: $1,018.81 per quarter
Request a copy of our Information Memorandum from the listed Agents.
*approx.
Property Code: 2503
Property History for 1/26 Bennet Ave, Melrose Park, SA 5039
- 09 Oct 2024Sold for $960,000
- 19 Jul 2024Listed for Sale Price Guide of $975,000 - $1,000,000
- 16 Aug 2010Transferred
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About Melrose Park 5039
The size of Melrose Park is approximately 1.3 square kilometres. It has 4 parks covering nearly 1.5% of total area. The population of Melrose Park in 2011 was 2,134 people. By 2016 the population was 2,219 showing a population growth of 4.0% in the area during that time. The predominant age group in Melrose Park is 30-39 years. Households in Melrose Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melrose Park work in a professional occupation. In 2011, 66.6% of the homes in Melrose Park were owner-occupied compared with 68.2% in 2016.
Melrose Park has 1,192 properties. Over the last 5 years, Houses in Melrose Park have seen a 75.10% increase in median value, while Units have seen a 89.53% increase. As at 28 February 2025:
- The median value for Houses in Melrose Park is $1,046,805 while the median value for Units is $609,396.
- Houses have a median rent of $595 while Units have a median rent of $455.
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