38 Fourth StreetWingfield SA 5013
Property Details for 38 Fourth St, Wingfield
38 Fourth St, Wingfield is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 929m2 and floor size of 273m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Last Listing description (November 2021)
2 ALLOTMENTS ON ONE TITLE (1 X ZONED 'HOME INDUSTRY' - 1 X ZONED 'LIGHT INDUSTRY') DRIVE-THROUGH ABILITY
2 STREET FRONTAGES (DUAL ACCESS)
NO GST APPLIES TO THIS PROPERTY
There is no doubt that this property ticks all the right boxes, whether you are seeking a residence with commercial property for your own business (owner/operator), or as a sound investment for capital gain and return.
The premises are situated in a busy light industrial area in Wingfield, South Australia, is close to major transport routes.
DETAILS:-
Site area 928.3sqm (approximately) with possible sub-division (STCA) required
Building area 273sqm (approximately), Newly rebuilt and rewired with 3 phase power. Clad in cream colourbond. Everything under one roof - internal office block which includes; Caretaker accommodation with 1 bedroom plus ensuite shower and toilet. Kitchen, main office, 2nd toilet and wash room plus large lunch room/lounge. The property is a fully fenced secure site.
Workshop area has 4 metre clearance, 3 Roller doors (1 small one in the front and 2 larger roller doors at the rear). 10 Kw solar panels with German inverter with feed in tariff.
The premises are currently owner occupied. If tenanted a possible return is estimated between $30,000 - $35,000 per annum, making your asset almost neutrally geared.
Owner is retiring for a lifestyle change... making available this affordable opportunity to position your business in Adelaide's Strategically Located Multi-Purpose Suburb.
Enquire today to find out more.
Property History for 38 Fourth St, Wingfield, SA 5013
- 18 May 2016Sold for $470,000
- 04 May 2012Listed for Sale $420,000
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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 1,449 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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