OFF MARKET

77 Frederick Street
Welland SA 5007

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1543m2
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Property Details for 77 Frederick St, Welland

Building Type
Commercial
Land Size
1543m2
Local Government
Charles Sturt
Lot/Plan
A11/F103646

Last Listing description (January 2023)

SOLD by Derek Blacker!! More properties Wanted


Conveniently located within minutes of the Adelaide CBD, this expansive and multi-purpose property boasts a rare opportunity, with both industrial and residential opportunity.

This property has a total NLA of approx. 918sqm situated on a total land size of approx. 1,540sqm and is configured into front showroom, expansive warehousing, kitchen, office, storage, w/c and upstairs residence which comprises 3 bedrooms (or additional offices), and a dining room.

This property has a current gross holding income of approx. $48,681 p.a (incl GST and outgoings), which is generated from short term leases.

There is also an additional tenancy that is available for occupation by the purchaser or alternatively could be leased and generate a significant addition to the income through a council approved upstairs residence. This space enjoys 3 bedrooms, dining room, 2 w/c and entertainment deck.

For Sale by Public Auction to be held on Thursday the 29th of September 2022 at 11am, Onsite (USB)

Get in touch to book and inspection or register your interest!

Contact Derek Blacker on 0413 274 481
RLA 205498/236457

Property History for 77 Frederick St, Welland, SA 5007

A timeline of how this property has performed in the market
Last Sold
$1,800,000
13 Jan 2023
  • 13 Jan 2023
    Sold for $1,800,000
  • 07 Sep 2022
    Listed for Sale SOLD by Derek Blacker!! More properties Wanted
  • 06 Feb 2017
    Sold for $685,000
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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.
There are currently 2 properties listed for sale, and 4 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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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.