SOLD
Sold on 01 Dec 2023 for $3,920,000

10 Millers Road
Wingfield SA 5013

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 1198m2
Land area: 5591m2
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Property Details for 10 Millers Rd, Wingfield

Building Type
Commercial
Year Built
1975
Floor Size
1198m2
Land Size
5591m2
Local Government
Port Adelaide Enfield
Lot/Plan
A10/D602

Last Listing description (January 2024)

- Holding Income till 30th November 2023
- No further extensions thereafter

- Generous site of 5,600 square metres*
- One Certificate of Title with Six individual allotments
- To be sold together or seperated into 3 individual allotments

LJ Hooker Flinders Park is pleased to present to the market 10 Millers Road, Wingfield for sale via expression of interest campaign closing Friday 25th August 2023

Improvements to the property include an Office Workshop of 1,286 square metres* on a significant land holding of 5,600 square metres* in the heart of Adelaide's inner north industrial precinct, Wingfield

The property is leased to Vacuum Waste Management at a passing net rental of $105,000 per annum* plus GST plus Outgoings expiring the 30th November 2023 with no further lease extensions.

The property is positioned 13 kilometres* north of the Adelaide CBD, within Adelaide's established inner northern industrial precinct offering convenient access to Port Adelaide and the Northern Connector.

Features of the property include:
- Total building area of 1,286 square metres*
- Site area of 5,600 square metres*
- One Certificate of Title with Six (6) individual allotments all road facing
- Close proximity to major northern arterial road networks
- Dual Access land via Millers Road & Staite Street Wingfield
- Multiple access points to warehouse
- Zoned Strategic Employment in the City of Port Adelaide Enfield
- Ample yard area
- Secure site with lock-up gate's with drive through capability
- No Stamp Duty payable

Due to the nature of the existing business "Inspection is STRICTLY by Registration only".

For more information or to join the inspection, please contact the sole exclusive listing agents at LJ Hooker Flinders Park

*Approximately.
**Outlines indicative only.

Property History for 10 Millers Rd, Wingfield, SA 5013

A timeline of how this property has performed in the market
Last Sold
$3,920,000
01 Dec 2023
Listed for Rent
12 Sep 2017
  • 01 Dec 2023
    Sold for $3,920,000
  • 26 May 2023
    Sold for $2,650,000
  • 21 Mar 2023
    Listed for Sale Under Contract
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About Wingfield 5013

The size of Wingfield is approximately 7 square kilometres. It has 3 parks covering nearly 12.3% of total area. The population of Wingfield in 2011 was 471 people. By 2016 the population was 465 showing a population decline of 1.3% in the area during that time. The predominant age group in Wingfield is 40-49 years. Households in Wingfield are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wingfield work in a labourer occupation. In 2011, 65.2% of the homes in Wingfield were owner-occupied compared with 61.9% in 2016.

Wingfield has 1,449 properties. Over the last 5 years, Houses in Wingfield have seen a 106.85% increase in median value. As at 31 July 2024:

  • The median value for Houses in Wingfield is $585,022 while the median value for Units is $409,402.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Wingfield on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Wingfield.

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LJ Hooker Flinders Park
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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.