11-17 Daranda TerraceMilang SA 5256
Property Details for 11-17 Daranda Tce, Milang
Last Listing description (May 2023)
9 Retail Shops with many long term established Tenants, including...
...Take Away Food & Café
..."That Little Vintage Shop"
...Milang Community Pharmacy
..."Artisans at Heart" Provedore, Meals & Wine Bar
...Milang Mini Mart & General Store - 7 days 8am-8pm with a 5 YEAR LEASE
Fully Refurbished Building - Potentially Excellent Depreciation Tax Benefits
Uninterrupted Views over Lake Alexandrina
Situated on 1,540sq metre site at the Corner of Daranda Terrace and Lang Street in the centre of the town's lake frontage.
Large front & rear car parks with easy access
Potential to add Holiday Accommodation Units above the existing (stnc)
Opposite the Caravan Park means a good supply of customers
Excellent Net Rental Income of around 7% + (Way better than Bank Interest !!)
The Tenants pay all outgoings, rates and taxes etc.
A Great Investment Opportunity in the fast growing holiday destination !!
PRICE GUIDE $720-$770,000 +++ NO GST & NO Stamp Duty applicable
Property History for 11-17 Daranda Tce, Milang, SA 5256
- 26 Apr 2022Sold for $740,000
- 11 Mar 2022Listed for Sale EXPRESSIONS OF INTEREST - call us to discuss !!
- 25 Mar 2019Listed for Rent $5,200 / year
Commute Calculator
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
About Milang 5256
The size of Milang is approximately 75.1 square kilometres. The population of Milang in 2011 was 882 people. By 2016 the population was 885 showing a population growth of 0.3% in the area during that time. The predominant age group in Milang is 60-69 years. Households in Milang are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Milang work in a trades occupation. In 2011, 80.7% of the homes in Milang were owner-occupied compared with 81.3% in 2016.
Milang has 728 properties. Over the last 5 years, Houses in Milang have seen a 107.31% increase in median value. As at 30 November 2024:
- The median value for Houses in Milang is $551,364 while the median value for Units is $618,626.
- Houses have a median rent of $273.
Suburb Insights for Milang 5256
Market Insights
Milang Trends for Houses
N/A
N/A
View TrendN/A
N/A
Milang Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
