OFF MARKET

Fourth Street
Snowtown SA 5520

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 224m2
Land area: 224m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for Lot 691 Fourth St, Snowtown

Building Type
Commercial
Floor Size
224m2
Land Size
224m2
Local Government
Wakefield
Lot/Plan
A691/F190443

Last Listing description (December 2016)

An investment opportunity to purchase a long standing business with a high yield has arrived!!!
This top investment opportunity sits on a 224.3m2 allotment on one title.
The long standing Deli is superbly located just off the Augusta Highway, the current tennants have been insitu for over 5 years!!!!

This freehold building has great street appeal and is situated on a prominant corner block in the main street.
Snowtown is a growing area with established wind farms and has a major silo through fare.
The rates and outgoings are paid by the tennant.
Improvements include a new colourbond roof, gutters and downpipes.
Brand new split system heating/cooling with new wiring.
There is also potential to lease out the adjoining room separately!!!!
Rental is $6257.00p/a inclusive of GST
This is a yield of 12.8%!!!!!
Call now to discuss this fabulous opportunity to either start or add to your investment portfolio!!!
Perfect for the self managed super fund!!

Property History for Lot 691 Fourth St, Snowtown, SA 5520

A timeline of how this property has performed in the market
Last Sold
$27,000
01 Feb 2021
  • 01 Feb 2021
    Sold for $27,000
  • 16 Dec 2016
    Sold for $26,000
  • 02 Feb 2016
    Listed for Sale $48,500
Sign in to see more transactions

Commute Calculator

About Snowtown 5520

The size of Snowtown is approximately 178.4 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Snowtown in 2011 was 617 people. By 2016 the population was 473 showing a population decline of 23.3% in the area during that time. The predominant age group in Snowtown is 60-69 years. Households in Snowtown are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Snowtown work in a labourer occupation. In 2011, 74.8% of the homes in Snowtown were owner-occupied compared with 72.6% in 2016.

Snowtown has 495 properties. Over the last 5 years, Houses in Snowtown have seen a 39.82% increase in median value, while Units have seen a 30.48% increase. As at 31 August 2024:

  • The median value for Houses in Snowtown is $273,838 while the median value for Units is $200,320.
There are currently 2 properties listed for sale, and 1 property listed for rent in Snowtown on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Snowtown.

Suburb Insights for Snowtown 5520

Market Insights
Snowtown 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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Snowtown 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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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.