Property Details for 31 First St, Wilmington
Last Listing description (February 2014)
Quandong Cafe & Apartments
This freehold business is located in the main street of Quorn that is perfectly located to capture tourists on route to the Flinders Ranges. The caf?? turns over in excess of $5,000 per week and the 3 adjoining apartments (4?? star) return $1,000 per week. The combined business is currently operated by one vendor and returns $80,000 per annum. This is perfect for a buyer looking for a lifestyle change as the caf?? is closed for 3 months each year over summer.
Simon Winter 0419 828 689
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Raine & Horne Corporate Business Sales
RLA 159117
Property History for 31 First St, Wilmington, SA 5485
- 04 Oct 2013Listed for Sale BUSINESS & FREEHOLD $490,000 + SAV ($5,000)
- 09 Nov 2011Listed for Sale BUSINESS & FREEHOLD $490,000 + SAV ($5,000)
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About Wilmington 5485
The size of Wilmington is approximately 605.2 square kilometres. It has 3 parks covering nearly 21.7% of total area. The population of Wilmington in 2011 was 815 people. By 2016 the population was 572 showing a population decline of 29.8% in the area during that time. The predominant age group in Wilmington is 50-59 years. Households in Wilmington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wilmington work in a managers occupation. In 2011, 80.7% of the homes in Wilmington were owner-occupied compared with 81.6% in 2016.
Wilmington has 615 properties. Over the last 5 years, Houses in Wilmington have seen a 143.71% increase in median value, while Units have seen a 41.99% increase. As at 31 October 2024:
- The median value for Houses in Wilmington is $232,089 while the median value for Units is $206,003.
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