165 Fourteenth StreetRenmark SA 5341
Property Details for 165 Fourteenth St, Renmark
Last Listing description (September 2024)
RWC Adelaide in conjunction with Burgess Rawson, are delighted to bring to market the Harvey Norman located at 165 Fourteenth Street, Renmark SA for sale via Investment Portfolio 169.
The Key Investment Highlights:
+ Long 7 year lease to 2030 plus 6 further 6 year options to 2066.
+ Recently refurbished 2,865sqm* building constructed in circa 1990.
+ Includes a 229sqm* secondary tenancy leased to Carpet One, one of the world's largest retail flooring groups, with 1,700 stores worldwide. (3)
+ Landmark 6,867sqm* freehold comprising rare 135sqm* dual-street frontage and generous 146 sealed and lined car spaces on title.
+ Stamp duty free investment and opportunity to buy well below replacement cost.
+ Favourable Suburban Activity Centre Zoning.
+ Annual CPI rent reviews (capped at 2.5%).
+ Central Renmark CBD location, only metres from Woolworths, BCF, Supercheap Auto, Priceline Pharmacy, Domino's and more.
+ Position perfect: with direct access from Renmark Avenue (Sturt Highway), 9,470 vehicles passing per day and only 300m* away from the popular Murray River.
+ Riverland Region: Permanent trade catchment of over 35,000 residents and thriving tourist destination with 415,000 overnight visitors in FY23. (2)
+ Net Income: $288,527 pa* + GST
To be Sold via Investment Portfolio Auction 169
Wednesday 26 June 2024, at 10:30am (AEST)
Conference Hall, Crown Casino, Melbourne VIC
For further information, please contact Burgess Rawson or RWC Adelaide.
*Approx
(1) Yahoo Finance
(2) Renmark Paringal Council
(3) Carpet One
Property History for 165 Fourteenth St, Renmark, SA 5341
- 02 Sep 2024Sold
- 06 Jun 2024Listed for Sale Contact listing agent
- 18 May 2022Sold
Commute Calculator
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Renmark 5341
The size of Renmark is approximately 14.9 square kilometres. It has 30 parks covering nearly 9.6% of total area. The population of Renmark in 2011 was 4,386 people. By 2016 the population was 4,637 showing a population growth of 5.7% in the area during that time. The predominant age group in Renmark is 60-69 years. Households in Renmark are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Renmark work in a labourer occupation. In 2011, 53.2% of the homes in Renmark were owner-occupied compared with 54.5% in 2016.
Renmark has 2,842 properties. Over the last 5 years, Houses in Renmark have seen a 78.05% increase in median value, while Units have seen a 76.22% increase. As at 30 November 2024:
- The median value for Houses in Renmark is $362,418 while the median value for Units is $313,728.
- Houses have a median rent of $385 while Units have a median rent of $260.
Suburb Insights for Renmark 5341
Market Insights
Renmark Trends for Houses
N/A
N/A
View TrendN/A
N/A
Renmark Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
