19 Musgrave AvenueWelland SA 5007
Property Details for 19 Musgrave Ave, Welland
Last Listing description (February 2017)
A rare and fantastic opportunity to secure 4 fully leased strata title units sited on 3443m2 of land. The units are to be sold as a whole concern and are conveniently located approximately 5km's west from the CBD and 3km from Adelaide airport. This site provides for 24 hour access.
The buildings are 4 open plan warehouses of approximately 390m2 each and the site includes ample off street parking. Originally developed in 1981.
The property has a frontage to Musgrave Avenue of 73.43 metres and depth of 46.98 metres.
Welland has experienced a strong level of re-development with new office/warehouses suitable for commercial businesses and the area has also seen a number of residential properties being developed with a commercial flavour.
Property History for 19 Musgrave Ave, Welland, SA 5007
- 17 Jan 2017Listed for Sale Contact Agent
- 11 Jun 2010Listed for Rent - Price not available
- 09 Oct 2009Listed for Rent - Price not available
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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 559 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.
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