SOLD
Sold on 21 Mar 2024 for $760,000

146 Smith Street
Naracoorte SA 5271

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 365m2
Save

Property Details for 146 Smith St, Naracoorte

Building Type
Commercial
Year Built
1980
Land Size
365m2
Local Government
Naracoorte Lucindale
Lot/Plan
A3/D1390

Last Listing description (October 2023)

- Long term lease to State Government
- Current rental of $66,486 per annum* plus GST and outgoings
- Net income of $60,271 per annum

- New lease expiring March 2027 with two options of 4 years
- Secure income with rent review annually to CPI
- Fully renovated high quality office building of 200 sqm*
- Ideal for investors who are looking for a set and forget investment
- No Stamp Duty or GST payable
- Inspection is strictly via appointment only

For sale via private treaty - asking price $860,000.

For further details regarding 146 Smith Street, Naracoorte contact Yee Ng or Simon Lambert of McGees Property (RLA 1722).

(* approx)

Property History for 146 Smith St, Naracoorte, SA 5271

A timeline of how this property has performed in the market
Last Sold
$760,000
21 Mar 2024
  • 21 Mar 2024
    Sold for $760,000
  • 14 Jul 2023
    Listed for Sale Asking price $860,000
  • 08 Sep 2014
    Listed for Sale $55,000 + SAV
Sign in to see more transactions

Commute Calculator

About Naracoorte 5271

The size of Naracoorte is approximately 114.2 square kilometres. It has 25 parks covering nearly 2.6% of total area. The population of Naracoorte in 2011 was 5,691 people. By 2016 the population was 5,965 showing a population growth of 4.8% in the area during that time. The predominant age group in Naracoorte is 30-39 years. Households in Naracoorte are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Naracoorte work in a labourer occupation. In 2011, 69.3% of the homes in Naracoorte were owner-occupied compared with 67.3% in 2016.

Naracoorte has 3,719 properties. Over the last 5 years, Houses in Naracoorte have seen a 59.27% increase in median value, while Units have seen a 76.10% increase. As at 30 September 2024:

  • The median value for Houses in Naracoorte is $355,902 while the median value for Units is $298,423.
  • Houses have a median rent of $348 while Units have a median rent of $220.
There are currently 21 properties listed for sale, and 1 property listed for rent in Naracoorte on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Naracoorte.

Suburb Insights for Naracoorte 5271

Market Insights
Naracoorte Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Naracoorte Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.