SOLD
Sold on 05 Jan 2024 for $400,000

17A Forsyth Street
Whyalla SA 5600

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 300m2
Land area: 314m2
Sold By
Professionals Edwards & Co
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Property Details for 17a Forsyth St, Whyalla

Building Type
Commercial
Year Built
1968
Floor Size
300m2
Land Size
314m2
Local Government
Whyalla
Lot/Plan
A7/F103744

Last Listing description (December 2023)

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

Property History for 17a Forsyth St, Whyalla, SA 5600

A timeline of how this property has performed in the market
Last Sold
$400,000
05 Jan 2024
  • 05 Jan 2024
    Sold for $400,000
  • 09 Oct 2023
    Listed for Sale Sale by Negotiation
  • 29 Mar 2008
    Listed for Sale 360000
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About Whyalla 5600

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:

  • The median value for Houses in Whyalla is $298,658 while the median value for Units is $226,426.
  • Houses have a median rent of $350 while Units have a median rent of $250.
There are currently 21 properties listed for sale, and 14 properties listed for rent in Whyalla on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Whyalla.

Suburb Insights for Whyalla 5600

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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.