OFF MARKET

31-35 Woodville Road
Woodville South SA 5011

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 4207m2
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Property Details for 31-35 Woodville Rd, Woodville South

31-35 Woodville Rd, Woodville South is a 3 bedroom, 2 bathroom House and was built in 2005. The property has a land size of 4207m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
2005
Land Size
4207m2
Local Government
Charles Sturt
Lot/Plan
A44/F118926

Last Listing description (January 2016)

The QE Specialist Centre is a modern, securely leased and exceptionally well presented medical centre located directly opposite the Queen Elizabeth Hospital at 35 Woodville Road, Woodville South.
Constructed in 2005, the property provides attractive, modern medical consulting accommodation and has been fully occupied since its opening.
Securely leased to four tenants until at least 2020, the tenancy mix includes pathology, radiology, podiatry and a specialist centre with over 40 specialist surgeons and physicians.

The property generates net income of $570,000* pa with all leases structured on a net basis. Annual rent reviews of either 3% or CPI provide excellent rental growth.
We highlight the key property features:
Modern, well-presented medical centre built in 2005
Superbly located opposite The Queen Elizabeth Hospital
Fully leased until 2020 to 4 tenants, including radiology, pathology and specialists
Net income of $570,000* per annum with CPI or 3% rent reviews
Weighted average lease expiry (WALE) in excess of 6 years
Attractive building allowance and tax depreciation benefits
Substantial exclusive off-street parking for 60 vehicles
FOR SALE BY EXPRESSIONS OF INTEREST
Closing 4pm Thursday 12 November 2015
JLL
RLA 1842

Property History for 31-35 Woodville Rd, Woodville South, SA 5011

A timeline of how this property has performed in the market
Last Sold
$8,300,000
04 Jan 2016
  • 04 Jan 2016
    Sold for $8,300,000
  • 13 Oct 2015
    Listed for Sale EXPRESSIONS OF INTEREST
  • 04 Apr 2002
    Sold for $300,000
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About Woodville South 5011

The size of Woodville South is approximately 1.4 square kilometres. It has 4 parks covering nearly 8% of total area. The population of Woodville South in 2011 was 2,956 people. By 2016 the population was 3,178 showing a population growth of 7.5% in the area during that time. The predominant age group in Woodville South is 30-39 years. Households in Woodville South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woodville South work in a professional occupation. In 2011, 71.4% of the homes in Woodville South were owner-occupied compared with 67.3% in 2016.

Woodville South has 1,588 properties. Over the last 5 years, Houses in Woodville South have seen a 78.82% increase in median value, while Units have seen a 67.61% increase. As at 31 July 2024:

  • The median value for Houses in Woodville South is $894,056 while the median value for Units is $511,130.
  • Houses have a median rent of $590 while Units have a median rent of $380.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Woodville south on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Woodville south.

Suburb Insights for Woodville South 5011

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