OFF MARKET

177-179 South Terrace
Wingfield SA 5013

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1450m2
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Property Details for 177-179 South Tce, Wingfield

Building Type
Commercial
Year Built
1980
Land Size
1450m2
Local Government
Port Adelaide Enfield
Lot/Plan
A57/F27010

Last Listing description (December 2021)

If you are searching for a business in a niche market, that will allow you to be your own boss and make an excellent income, this business might be exactly what have been looking for!

The principal features of this outstanding offering are:


Freehold Property
- Substantial land holding of 1450 sqm
- Total building area of app. 490 sqm - includes warehousing/workshop, office facilities & staff amenities
- Zoned Strategic Employment - City of Port Adelaide-Enfield
- An excellent location with high level of convenience to transport linkages, North-South Corridor, Port River Expressway and all other facilities
- 0% Stamp Duty payable
- Offered for sale with existing Business however individual offers for property will be considered
- Realistic Vendor- Definite sale

Business - Caravan Repairs SA

Caravan Repairs SA; a family owned company with more than 25 years of experience in the industry. Well organized operation developed and fine-tuned from its beginning and is offered for sale only due to retirement of the owner. A comprehensive operation with vast range of services including caravan & motorhome repairs, servicing, awning repairs & replacements, structural modifications, internal and external repair work as well as caravan insurance claim work.

Situated in a high profile Adelaide Inner North location; with a great exposure and high traffic flow just- couple blocks from the new North-South Corridor. Although this business is ideal for someone from within the automotive industry, the current operation employs a team of workshop staff who do all the "hands on'' work; so there is an opportunity for an investor from outside the industry to take over and operate this business without being trade qualified. The current owner oversees the business as well some time "on the tools". There is full time workshop administrator who handles ordering and picking up of parts, the main office handles the payroll, accounts, booking in the jobs and general office duties.

The business is offered for sale with freehold property however individual offers for business or property will be considered by the owner.

Key Business Features:

- Trade 5 days Monday to Friday 8am to 4pm
- Profitable and growing business with excellent cash flow
- Website & Facebook with good reviews - 4.8 Star Rating
- Revenue - Please refer to Agent for full details
- Owners adjusted profit- Please refer to Agent for full details
- Business Price: Please refer to Agent

A quality asset & a great business suitable owner operator or an astute investor with superb potential & future growth.

For Sale by Expression of Interest closing Friday 12th of November at 4pm
For private inspection or detailed Information Memorandum please contact:
Nicholas Josipovic Commercial Solutions - Sales & Leasing
t 8352 8111 m 0411 174 778
e: nicholasj@harcourts.com.au

Property History for 177-179 South Tce, Wingfield, SA 5013

A timeline of how this property has performed in the market
Last Sold
$1,000,000
21 Dec 2021
Listed for Rent
$556/w
29 Jun 2016
  • 21 Dec 2021
    Sold for $1,000,000
  • 23 Sep 2021
    Listed for Sale EOI Closing Friday 12th of November
  • 18 Dec 2019
    Sold for $750,000
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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 1,448 properties. Over the last 5 years, Houses in Wingfield have seen a 111.82% increase in median value. As at 28 February 2025:

  • The median value for Houses in Wingfield is $655,279 while the median value for Units is $397,272.
There are currently 1 property listed for sale, and 7 properties listed for rent in Wingfield on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Wingfield.

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.