OFF MARKET

104 Frederick Street
Welland SA 5007

Bedrooms: -
Bathrooms: -
Car spaces: 9
Land area: 996m2
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Property Details for 104 Frederick St, Welland

Building Type
Commercial
Land Size
996m2
Local Government
Charles Sturt
Lot/Plan
A82/F123576

Last Listing description (August 2023)

Nick Psarros, Penny Papazis & Kirsten Shulver are pleased to present to the market this outstanding opportunity to secure a generous allotment of 996m2 approx nestled in the bustling suburb of Welland just minutes from the Adelaide CBD. Sited all on one title and offering endless opportunities with two separate tenancies with the front portion tenanted at $420 per week and rear portion at $350 per week.

Front portion:

3 Huge bedrooms all with decorative fireplaces

Bedroom 1 features a reverse cycle split system A/C
Bedroom 3 features built in robes
Large living area with decorative fireplace, high ceilings and A/C
Updated kitchen with double stainless steel sink, electric cooktop, stainless steel oven, stone benchtops and ample cupboard and bench space
Dining with built in storage
Bathroom with neutral tones and full sized bath tubs
Study/ office
Back verandah
Maintained front yards

Rear portion:

Commercial warehouse utilised as car workshop/mechanic with power and plenty of car garaging
Office space with A/C
Tenanted at $350 p/w to long term tenant

Zones
Strategic Employment - SE

COUNCIL FOR 104 FREDERICK // $1,135.80 P/A
COUNCIL FOR 104A FREDERICK // $1,837.45 P/A

SEWER // $138.88 P/Q
SUPPLY // $70.80 P/Q

Welland is an inner suburb of Adelaide in the City of Charles Sturt local government area. It is around 5 km west northwest of the city centre. It was named for Welland, Worcestershire in 1907. Serviced by Adelaide Metro, close proximity to a plethora of restaurants, takeaway outlets & shopping options.

To pre-register for this Auction please complete this registration form: https://bit.ly/3fJezZW

Specifications:
CT / 5777/703
Council / Charles Sturt
Zoning / SE - Strategic Employment
Land / 996m2
Council Rates / $2,973.25pa
SA Water / $209.68pq
ES Levy / $1,124.25pa

Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

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Property History for 104 Frederick St, Welland, SA 5007

A timeline of how this property has performed in the market
Last Sold
$1,190,000
03 Aug 2023
Listed for Rent
$420/w
08 Dec 2022
  • 03 Aug 2023
    Sold for $1,190,000
  • 28 Jul 2023
    Listed for Sale $1,190,000 - SOLD AT AUCTION
  • 21 Mar 2023
    Listed for Sale AUCTION ON SITE - Wednesday 19th April at 12.30pm
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About Welland 5007

The size of Welland is approximately 0.6 square kilometres. The population of Welland in 2011 was 835 people. By 2016 the population was 873 showing a population growth of 4.6% in the area during that time. The predominant age group in Welland is 50-59 years. Households in Welland are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Welland work in a professional occupation. In 2011, 65.3% of the homes in Welland were owner-occupied compared with 62.4% in 2016.

Welland has 560 properties. Over the last 5 years, Houses in Welland have seen a 89.58% increase in median value, while Units have seen a 97.88% increase. As at 31 October 2024:

  • The median value for Houses in Welland is $1,136,929 while the median value for Units is $666,393.
  • Houses have a median rent of $400.
There are currently 2 properties listed for sale, and 5 properties listed for rent in Welland on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Welland.

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