OFF MARKET

7 Punjum Road
Mundulla SA 5270

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4878m2
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Property Details for 7 Punjum Rd, Mundulla

Building Type
Commercial
Land Size
4878m2
Local Government
Tatiara
Lot/Plan
A1/F8586

Last Listing description (February 2022)

For Sale via Expressions of Interest closing 20/12/2021 at 12pm.

A rare opportunity to acquire a substantial workshop on the edge of Mundulla on a fantastic 4,878m2 high exposure corner allotment with 3 road frontages.

Offered for sale as 3 opportunities -
1. Land & lock up shedding of approx. floor area of 580m2 with concrete floor, high clearance doors, 3 phase power, internal/external lighting, fixed air compressor, hoist, equipped bore, rainwater storage, toilet/shower unit with the property surrounded by high security fencing, 2 sets of double lockable gates and large area hard surfaced for year-round heavy vehicle access.
2. Various Plant and Equipment (full list available on request)
3. Roadside Assist Vehicles: 2 flatbed tow trucks and equipped service van with the opportunity to take on the RAA Contract for the area (STC) if you wish.
Available either as a whole or as 3 separate lots.

Land & Workshop features & inclusions;
* 4,878m2 allotment, 3 road frontages, high exposure site with security fencing
* 32m x 18m lockup shed (approx. 580m2) concrete floor/toilet block
* Single & 3phase power available
* Bore with Grundfos 3 phase Submersible Pump (pump installed May 2021) -
* Molnar Hoist - 3T capacity, 3 phase.
* XR550 Scorpion Compressor - 10HP/270L - 3 phase
* LED Lighting upgrades

An opportunity to purchase a Commercial property on the edge of Mundulla suited to many uses (STC) or take on part or all of the Vendor's equipment and activities and enjoy the benefits of being self-employed.
Please note we are not selling a business, just the opportunity to start your own.

Zoned: Rural Living
Land Use: Commercial/Motor Vehicle Repair
Council Area: Tatiara District Council
Council Rates: $ 753.00 annually

Property History for 7 Punjum Rd, Mundulla, SA 5270

A timeline of how this property has performed in the market
Last Sold
$495,000
01 Apr 2022
  • 01 Apr 2022
    Sold for $495,000
  • 06 Dec 2021
    Listed for Sale Expression of Interest - Closing 12pm 20/12/2021

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About Mundulla 5270

The size of Mundulla is approximately 102.6 square kilometres. The population of Mundulla in 2011 was 675 people. By 2016 the population was 408 showing a population decline of 39.6% in the area during that time. The predominant age group in Mundulla is 50-59 years. Households in Mundulla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mundulla work in a managers occupation. In 2011, 84.4% of the homes in Mundulla were owner-occupied compared with 83% in 2016.

Mundulla has 454 properties. Over the last 5 years, Houses in Mundulla have seen a 124.25% increase in median value, while Units have seen a 90.60% increase. As at 31 August 2024:

  • The median value for Houses in Mundulla is $415,419 while the median value for Units is $452,046.
There are currently 4 properties listed for sale, and 1 property listed for rent in Mundulla on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Mundulla.

Suburb Insights for Mundulla 5270

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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.