OFF MARKET

79 Thevenard Road
Thevenard SA 5690

Bedrooms: 7
Bathrooms: 1
Car spaces: 1
Floor area: 250m2
Land area: 961m2
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Last updated 11 Nov 2024
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Property Details for 79 Thevenard Rd, Thevenard

79 Thevenard Rd, Thevenard is a 7 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 961m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1978
Floor Size
250m2
Land Size
961m2
Local Government
Ceduna
Lot/Plan
A23/T660303

Last Listing description (August 2023)

? Current commercial zoning ? with council approved residential recognised use, making this a versatile property with many usage options.
Situated on a corner block, just under 1000m2, this property is on a single title incorporating a 4-bedroom, 1 bathroom cottage at the rear of the block, attracting $300 per week rent with long term tenants. At the front of the property is a commercial/current residential building comprised as follows: (STCA can be used however you like) * 4-bedroom, 3-bathroom open studio type accommodation: 2x laundries, 2 separate fenced yards rented at $750 pw, 12 month fixed term Under professional management.
Which gives a current total property gross weekly rental income of $1050 no denying that RTI %

Possible options STCA Takeaway Shop/ Restaurant (had many successful years of running in past years); Day Spa Health Hub; a Vet Clinic (has had previous council approval); Office space of any description or just keep as current use.
Recent property improvements include: Boundary and dividing fences have all been replaced; new pipes to septic front and back; hot water systems all electric 4 in total 2x large 1x med 1x small; Electrical all upgraded and compliant; 3 A/C split systems newly installed in the front building; full internal commercial food grade tiling throughout front building; 1/3rd of the commercial building roof has been replaced remaining 2/3 was accessed as still having life in it, rear house roof was replaced several years ago.
Thevenard is surrounded on 3 sides by the pristine waters of the Indian Ocean. Adjacent to Ceduna, being positioned on its own little peninsular in South Australia's Far West Eyre Peninsula, with new world class Marine offloading Facility and multiple industries exported off the wharf just 1km up the road. Such as Mineral sands from nearby Iluka Mine *Gypsum *Salt *Various cereal grains *Home base for commercial and recreational fishing in some of the most pristine waters in the world.
Ceduna Airport offers most daily flights to and from Adelaide and is situated by road at what is considered the start of the Nullarbor in South Australia, approximately 775 kilometres West of the City of Adelaide and 480 kilometre's east of the SA/WA state border.
With an approximate population of 3600 an upgraded hospital and most things can be sourced locally between the various variety shops, hardware store and a choice of 2 supermarkets for your grocery needs.
"Property being offered and sold as is at this price bracket".
Contact Elaine today to secure this fantastic investment opportunity to receive great weekly rental returns, the options are endless.

Property History for 79 Thevenard Rd, Thevenard, SA 5690

A timeline of how this property has performed in the market
Last Sold
$395,500
28 Jul 2023
Listed for Rent
$260/w
18 Oct 2024
  • 28 Jul 2023
    Sold for $395,500
  • 10 Jan 2022
    Listed for Sale $350,000
  • 28 Jul 2010
    Sold for $200,000
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About Thevenard 5690

The size of Thevenard is approximately 2.2 square kilometres. It has 7 parks covering nearly 25.4% of total area. The population of Thevenard in 2011 was 581 people. By 2016 the population was 548 showing a population decline of 5.7% in the area during that time. The predominant age group in Thevenard is 60-69 years. Households in Thevenard are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Thevenard work in a community and personal service occupation. In 2011, 55.3% of the homes in Thevenard were owner-occupied compared with 56.5% in 2016.

Thevenard has 333 properties. Over the last 5 years, Houses in Thevenard have seen a 51.56% increase in median value, while Units have seen a 48.42% increase. As at 31 October 2024:

  • The median value for Houses in Thevenard is $271,372 while the median value for Units is $242,929.
  • Houses have a median rent of $258.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Thevenard on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Thevenard.

Suburb Insights for Thevenard 5690

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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.