Strong Government tenant in SA Prominent Regional City
Whyalla is set to become the hub of the states renewable energy sector
Leased to Minister Infrastructure & Transport (Legal Services Commision)
Well positioned in Whyalla's Legal Precinct
- Total refurbishment in 2020
- Lease Term until 31/01/2026
- Right of Renewal 1 x 3 years & 1 x 2 years (5 Total) to 31/01/2031
- Strategic location
- Designed for purpose
- Estimated net annual income of $28,900 + GST as of September 2023
- Prime site with onsite hardstand car parks at rear plus roadside parking
- Building Area approximatly 145 m2
- Land Area approximately - 314 m2
- Frontage to Forsyth St approximately 7.82 mtrs
- Zero stamp duty on sale of commercial property in South Australia
The size of Whyalla is approximately 9.6 square kilometres. It has 19 parks covering nearly 8.1% of total area. The population of Whyalla in 2011 was 3,732 people. By 2016 the population was 3,615 showing a population decline of 3.1% in the area during that time. The predominant age group in Whyalla is 50-59 years. Households in Whyalla are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Whyalla work in a professional occupation. In 2011, 66.7% of the homes in Whyalla were owner-occupied compared with 67.7% in 2016.
Whyalla has 2,095 properties. Over the last 5 years, Houses in Whyalla have seen a 69.70% increase in median value, while Units have seen a 53.25% increase. As at 31 October 2024:
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