OFF MARKET

3/11 Jay Drive
Willunga SA 5172

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1904m2
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Property Details for 3/11 Jay Dr, Willunga

Building Type
Land
Land Size
1904m2
Local Government
Onkaparinga
Lot/Plan
F3/C40285

Last Listing description (September 2021)

JLL is pleased to present to the market for sale 3/11 Jay Drive, Willunga; a community titled, vacant allotment of approximately 1,903 square metres. The property provides a great opportunity to invest in the southern wine region of Mclaren Vale with long term income expiring 31 December 2029.

- Leased to Organic & Raw Trading Company Pty. Ltd. (subsidiary of Coca Cola Company)

- Long term & established occupier of the precinct (four surrounding properties also under lease)
- Estimated current net income of $31,800 per annum plus GST and Outgoings
- Lease term expiring 31 December 2029
- Zoned Employment City of Onkaparina

We strongly recommend this quality offering for your consideration.

The property is offered for sale by Expressions of Interest closing 4pm Thursday 19 August 2021.

For more information, or to arrange an inspection of the property, please contact the exclusive selling agent JLL.

RLA 1842

Property History for 3/11 Jay Dr, Willunga, SA 5172

A timeline of how this property has performed in the market
Last Sold
$300,000
07 Oct 2016
  • 19 Jul 2021
    Listed for Sale Contact Agent
  • 07 Oct 2016
    Sold for $300,000

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About Willunga 5172

The size of Willunga is approximately 21.3 square kilometres. It has 8 parks covering nearly 3.1% of total area. The population of Willunga in 2011 was 2,415 people. By 2016 the population was 2,286 showing a population decline of 5.3% in the area during that time. The predominant age group in Willunga is 40-49 years. Households in Willunga are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Willunga work in a professional occupation. In 2011, 84.1% of the homes in Willunga were owner-occupied compared with 83.1% in 2016.

Willunga has 1,284 properties. Over the last 5 years, Houses in Willunga have seen a 86.87% increase in median value, while Units have seen a 146.97% increase. As at 31 October 2024:

  • The median value for Houses in Willunga is $1,040,755 while the median value for Units is $666,202.
  • Houses have a median rent of $550.
There are currently 11 properties listed for sale, and 1 property listed for rent in Willunga on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Willunga.

Suburb Insights for Willunga 5172

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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.