OFF MARKET

61A David Terrace
Woodville Park SA 5011

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1823m2
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Property Details for 61a David Tce, Woodville Park

Building Type
Commercial
Year Built
1970
Land Size
1823m2
Local Government
Charles Sturt
Lot/Plan
A92/F123785

Last Listing description (January 2023)

The CBRE Metropolitan Investments Team are proud to be presenting a phenomenal development opportunity in the state's inner western suburbs. With a tenant pre-committed to its further term until 2028, there is an opportunity for a developer or savvy investor to land bank the site with a solid investment income underpinning the site.
The key highlights of this quality site include:
- 1820sqm* of well-placed land

- Suburban Business zoning making it easy for developers
- Leased to Elias Green Garden Centre & Aquarium
- Net annual return of $37,747*
- Vendor-biased development clause giving site access in 6-months
- 4% fixed annual reviews

Please contact the sole marketing agents with any other questions:
Ned Looker: +61 448 689 573
Rhyce Scott: +61 422 960 585

For Sale via Expressions of Interest closing Thursday the 26th of May 2022

*Approximately

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Property History for 61a David Tce, Woodville Park, SA 5011

A timeline of how this property has performed in the market
Last Sold
$1,230,000
21 Dec 2022
  • 21 Dec 2022
    Sold for $1,230,000
  • 02 May 2022
    Listed for Sale Contact Agent
  • 15 Apr 1998
    Sold for $18,000
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About Woodville Park 5011

The size of Woodville Park is approximately 0.8 square kilometres. The population of Woodville Park in 2011 was 1,718 people. By 2016 the population was 1,733 showing a population growth of 0.9% in the area during that time. The predominant age group in Woodville Park is 40-49 years. Households in Woodville Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woodville Park work in a professional occupation. In 2011, 64.5% of the homes in Woodville Park were owner-occupied compared with 64.7% in 2016.

Woodville Park has 925 properties. Over the last 5 years, Houses in Woodville Park have seen a 86.81% increase in median value, while Units have seen a 83.26% increase. As at 30 September 2024:

  • The median value for Houses in Woodville Park is $989,531 while the median value for Units is $551,490.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 4 properties listed for sale, and no properties listed for rent in Woodville park on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Woodville park.

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