23 Fourth StreetWingfield SA 5013
Property Details for 23 Fourth St, Wingfield
Last Listing description (November 2023)
This is an excellent opportunity to invest in industrial property on a torrens title in the tightly held suburb of Wingfield.
PROPERTY DETAILS:
Building size: 300 sqm*
Land size: 464 sqm*
Council: Port Adelaide Enfield
Zoning: Home Industry - HIn
Clear span warehousing with LED lighting
4.6m roller door height
Upstairs office area with split system air conditioning
Kitchen and break room
Onsite amenities
Off street carparking and secure front fence
LEASE DETAILS:
2 + 2 + 2 year term
Commenced 7th March 2022
$32,971 + GST + Outgoings per annum
Market Review due 7th March 2024
Expressions of Interest closing 24th August 2023 (Unless Sold Prior).
No GST and no stamp duty applicable on the sale.
Please note these photos were taken at the commencement of the tenant's lease. The property was vacant at this point in the time but the property will not be sold with vacant possession.
If you would like any further information or if you would like to view the property, please contact Lou Whitelock or Graham Rogers.
*Approx.
RLA 134
Property History for 23 Fourth St, Wingfield, SA 5013
- 31 Oct 2023Sold for $820,000
- 03 Aug 2023Listed for Sale Expressions of Interest
- 04 Mar 2022Listed for Rent $25,000 / year
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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.
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