SOLD
Sold on 30 Sep 2024 for $3,050,000

116 Frederick Street
Welland SA 5007

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 695m2
Land area: 1071m2
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Property Details for 116 Frederick St, Welland

Building Type
Commercial
Year Built
1993
Floor Size
695m2
Land Size
1071m2
Local Government
Charles Sturt
Lot/Plan
A35/D1972

Last Listing description (November 2023)

- 775 sqm* of high quality office/warehouse improvements
- Torrens Titled regular shaped allotment of circa 1,062 sqm*
- Offered with vacant possession available for sale or lease

- Located in the tightly held inner-western location of Welland
- Solar system, pallet racking and office fit out included in the offering
- Available for immediate occupation

For further information or to arrange an inspection of 116 Frederick Street, Welland contact Andrew Wilson or Michael Dimasi of McGees Property (RLA 1722).

(* approx. Any outlines indicative only)

Property History for 116 Frederick St, Welland, SA 5007

A timeline of how this property has performed in the market
Last Sold
$3,050,000
30 Sep 2024
Listed for Rent
$100k/w
10 Nov 2023
  • 30 Sep 2024
    Sold for $3,050,000
  • 31 Jul 2024
    Transferred for $426,250
  • 10 Nov 2023
    Listed for Sale For Sale or For Lease - Contact Agent
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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 561 properties. Over the last 5 years, Houses in Welland have seen a 84.30% increase in median value, while Units have seen a 95.29% increase. As at 30 November 2024:

  • The median value for Houses in Welland is $1,116,345 while the median value for Units is $669,067.
  • Houses have a median rent of $400.
There are currently 1 property listed for sale, and 5 properties listed for rent in Welland on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Welland.

Suburb Insights for Welland 5007

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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.