59-61 Grange RoadWelland SA 5007
Property Details for 59-61 Grange Rd, Welland
Last Listing description (July 2023)
McGees Property Adelaide is pleased to present to the market this versatile office building at 59-61 Grange Road, Welland. Currently fully leased to Can:Do Group until 30 June 2023, this property will appeal to both owner-occupiers or investors looking to re-let the property following lease expiry.
- 1,044 square metres* of office and store over two levels
- Site area of 1,882 square metres* across two Titles
- Current rental of $212,000 p.a. plus GST and outgoings
- Fully leased until 30 June 2023 - ideal for owner-occupiers or investors
- Visible to 34,600 passing cars daily* (DPTI)
- Zoned Suburban Business
For sale by Best Offers closing Tuesday 23rd May 2023 at 4pm.
For further details or to arrange an inspection of 59-61 Grange Road, Welland contact James Juers or Oliver Grivell of McGees Property (RLA 1722).
(* approx. Any outlines are indicative only)
Property History for 59-61 Grange Rd, Welland, SA 5007
- 13 Apr 2023Listed for Sale For Sale by Best Offers Closing 23 May at 4pm
- 16 May 2014Listed for Rent $45,000 / year
- 27 Jun 2013Listed for Rent $45,100 / year
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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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