Great Investment
Located on the East side of Murray Bridge, this commercial property is zoned Light Industrial with two titles. Measuring approximately 2,211m? in total, residing on the property is a shop front building plus a two bedroom residence with room to expand (STCC). There is currently a commercial lease expiring in 2017 with a further three year renewal at $20,800 per annum (+ GST and outgoings). There is also a residential rent of $9,100 per annum, totalling $29,900.00 per annum.
The size of Murray Bridge East is approximately 12.9 square kilometres. It has 8 parks covering nearly 1.9% of total area. The population of Murray Bridge East in 2011 was 1,248 people. By 2016 the population was 1,110 showing a population decline of 11.1% in the area during that time. The predominant age group in Murray Bridge East is 50-59 years. Households in Murray Bridge East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murray Bridge East work in a trades occupation. In 2011, 83.7% of the homes in Murray Bridge East were owner-occupied compared with 82.4% in 2016.
Murray Bridge East has 680 properties. Over the last 5 years, Houses in Murray Bridge East have seen a 125.84% increase in median value. As at 31 October 2024:
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