OFF MARKET

8 Le Brun Street
Tumby Bay SA 5605

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 3200m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 8 Le Brun St, Tumby Bay

Building Type
Land
Year Built
1984
Floor Size
300m2
Land Size
3200m2
Local Government
Tumby Bay
Lot/Plan
A54/D14498

Last Listing description (April 2023)

Located on a large 3200m2 allotment in the Tumby Bay Industrial area is this fantastic lot.
A 9 year lease still remains to OPTUS corporation for a small portion in the rear corner for approx $500 p/m + CPI offering a great steady income stream for years to come.

There is also a large 3 bay garage that could also be leased out as storage to increase the rent return of the property also. The garage currently has been modified internally to offer a bedroom, shower and toilet facilities with the septic tank installed and connected.

There is also a 5.5kw solar panel system and with no electricity useage currently, this also returns approximately $2000 p/a towards the property returns.

The whole property is fully fenced with quality fencing in good condition, has mains water connected and a rainwater tank and of course has mains power connected to the garage also.

This represents a good long term investment with plenty of options to increase the return also.

Property History for 8 Le Brun St, Tumby Bay, SA 5605

A timeline of how this property has performed in the market
Last Sold
$100,000
25 May 2007
  • 31 Oct 2015
    Listed for Sale $200,000 Negotiable
  • 25 May 2007
    Sold for $100,000

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About Tumby Bay 5605

The size of Tumby Bay is approximately 303.8 square kilometres. It has 16 parks covering nearly 0.5% of total area. The population of Tumby Bay in 2011 was 1,826 people. By 2016 the population was 1,622 showing a population decline of 11.2% in the area during that time. The predominant age group in Tumby Bay is 60-69 years. Households in Tumby Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumby Bay work in a managers occupation. In 2011, 69.6% of the homes in Tumby Bay were owner-occupied compared with 74% in 2016.

Tumby Bay has 1,482 properties. Over the last 5 years, Houses in Tumby Bay have seen a 87.47% increase in median value, while Units have seen a 27.61% increase. As at 31 October 2024:

  • The median value for Houses in Tumby Bay is $455,142 while the median value for Units is $232,945.
  • Houses have a median rent of $415 while Units have a median rent of $205.
There are currently 23 properties listed for sale, and 2 properties listed for rent in Tumby bay on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Tumby bay.

Suburb Insights for Tumby Bay 5605

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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.