OFF MARKET

8 Hunkin Terrace
Nangwarry SA 5277

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1603m2
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Last updated 11 Nov 2024
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Property Details for 8 Hunkin Tce, Nangwarry

8 Hunkin Tce, Nangwarry is a 1 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 1603m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1960
Land Size
1603m2
Local Government
Wattle Range
Lot/Plan
A104/T421501

Last Listing description (November 2024)

Malseeds Real Estate are pleased to present for sale 8 Hunkin Terrace, Nangwarry.

This large freehold commercial opportunity of five shops, is conveniently situated in the heart of Nangwarry. With clear visibility and frontage to Riddoch Highway, the building has previously housed a butcher, hairdresser, supermarket, bottle shop, deli and a medical centre.

Set on a flat block of approx 1600 sqm, the block offers drive through access. There are multiple allocated car parks on Hunkin Terrace, along with sign posted large vehicle parking on the Laffer Street frontage. There is also plenty of parking space at the rear. One shop features a loading dock, and all shops have allocated storage, WC's and rear access. One shop includes an existing cool room and three of the shops have perfect floorboards ready for polishing.

The building itself is of solid stone construction, and the entire roof has been replaced.

The land is zoned 'Township' and allows for a mix of residential and commercial uses (STCA), and is the most versatile zoning. A conversion to satisfy the demand to accommodate seasonal workers could see great returns.

The development process of turning this commercial property into five separate residential units is already underway - just pick up where the vendors have left off!

Rental Appraisals of the proposed units are:
Three Bedroom Units - $250.00 p/w
Two Bedroom Units - $230.00 p/w

We invite all inspections and enquiries to our office on 08 8724 9999.

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Property History for 8 Hunkin Tce, Nangwarry, SA 5277

A timeline of how this property has performed in the market
Last Sold
$160,000
12 Jul 2022
  • 12 Jul 2022
    Sold for $160,000
  • 12 Jan 2022
    Listed for Sale $150,000 - $175,000
  • 14 Dec 2021
    Listed for Sale Expressions of Interest by 12th Jan 2022 (U.S.P)
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About Nangwarry 5277

The size of Nangwarry is approximately 257.7 square kilometres. It has 8 parks covering nearly 67.3% of total area. The population of Nangwarry in 2011 was 516 people. By 2016 the population was 528 showing a population growth of 2.3% in the area during that time. The predominant age group in Nangwarry is 0-9 years. Households in Nangwarry are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Nangwarry work in a labourer occupation. In 2011, 73.4% of the homes in Nangwarry were owner-occupied compared with 81% in 2016.

Nangwarry has 300 properties. Over the last 5 years, Houses in Nangwarry have seen a 104.72% increase in median value. As at 31 October 2024:

  • The median value for Houses in Nangwarry is $258,957.
  • Houses have a median rent of $158.
There are currently 6 properties listed for sale, and no properties listed for rent in Nangwarry on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Nangwarry.

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