29 Fifth StreetWingfield SA 5013
Property Details for 29 Fifth St, Wingfield
Last Listing description (September 2020)
Current Leases in place for 3 out of the 4 units. Should the astute buyer be looking to achieve a fully leased investment, the owner occupier (unit 4) is happy to secure a lease at this brilliant site.
Unit 1, 2 and 3 are achieving a total income of $63,236 Gross + GST. With the letting of unit 4 the property will yield further to the advantage of the purchaser.
29 Fifth Street and 30 Fourth Street are well located in the industrial heart of Wingfield. Surrounded by other successful offerings, this property is a fantastic investment opportunity providing security with existing tenants. Situated in close proximity to Grand Junction Road, Wingfield Road and Hanson Road.
Providing 907m approx. of build area, including 4x functional warehouses with high internal clearance, 3 phase power and convenient on site carparking.
Call anytime to discuss.
Property History for 29 Fifth St, Wingfield, SA 5013
- 29 Sep 2020Sold for $805,000
- 23 Oct 2019Listed for Sale $840,000 to $860,000
- 31 Jan 2016Sold for $510,000
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0About 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 1,435 properties. Over the last 5 years, Houses in Wingfield have seen a 112.25% increase in median value. As at 31 October 2024:
- The median value for Houses in Wingfield is $621,689 while the median value for Units is $370,363.
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