OFF MARKET

37 George Street
Millicent SA 5280

Bedrooms: 1
Bathrooms: -
Car spaces: -
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Property Details for 37 George St, Millicent

Building Type
Commercial
Local Government
Wattle Range

Last Listing description (July 2010)

EXCELLENT FREEHOLD COMMERCIAL PROPERTY WITH SECURE LEASE
??? Excellent Commercial Property situated in a prime position in the main shopping precinct
??? Allotment comprising of 1035 sq mtrs with frontage to main street and offering rear street access with parking at the rear

??? Currently leased to Australian Central Credit Union Limited
??? Secure Lease to 2015, with the right to renew for a further seven years
??? Zoned District Town Centre
??? Council Rates $2349.00 per annum
??? Annual rental of $24,551.06 plus $2455.11 GST subject to annual reviews based on the CPI
??? All rates and taxes payable by tenant
??? Premises in excellent condition with new roof
??? Enquiries to Valerie Jones 0438382506
TO BE AUCTIONED MONDAY OCTOBER 26TH 2009, 11AM IN THE MILLICENT FOOTBALL CLUB
Additional feature - 7 years.

Property History for 37 George St, Millicent, SA 5280

A timeline of how this property has performed in the market
  • 18 Sep 2009
    Listed for Sale Not Disclosed

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About Millicent 5280

The size of Millicent is approximately 155.6 square kilometres. It has 28 parks covering nearly 0.7% of total area. The population of Millicent in 2011 was 5,025 people. By 2016 the population was 5,112 showing a population growth of 1.7% in the area during that time. The predominant age group in Millicent is 50-59 years. Households in Millicent are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millicent work in a labourer occupation. In 2011, 70.3% of the homes in Millicent were owner-occupied compared with 70.1% in 2016.

Millicent has 3,318 properties. Over the last 5 years, Houses in Millicent have seen a 117.20% increase in median value, while Units have seen a 57.88% increase. As at 31 October 2024:

  • The median value for Houses in Millicent is $342,010 while the median value for Units is $269,022.
  • Houses have a median rent of $320 while Units have a median rent of $190.
There are currently 7 properties listed for sale, and 1 property listed for rent in Millicent on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Millicent.

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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.