OFF MARKET

16 Minlaton Road
Yorketown SA 5576

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 110m2
Land area: 324m2
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Property Details for 16 Minlaton Rd, Yorketown

Building Type
Commercial
Year Built
1984
Floor Size
110m2
Land Size
324m2
Local Government
Yorke Peninsula
Lot/Plan
A20/D23922

Last Listing description (March 2022)

***PRICE REDUCED***
Great opportunity with an annual return of approx. 9.5% before outgoings
Secure tenant who has a lease extension option till January 2023

All outgoings are paid by the Lessor. Currently leased by PIRSA (Department of Fisheries) utilizing as their local administration office
This brick veneer building is located in the business area of the town
This is perfect for the astute investor who is looking for a property that has a secure tenant
For further details and inspection contact Allison Thomson on 8852 1188 or 0438 521 950

Property History for 16 Minlaton Rd, Yorketown, SA 5576

A timeline of how this property has performed in the market
Last Sold
$300,000
22 Jun 2023
  • 22 Jun 2023
    Sold for $300,000
  • 08 Mar 2020
    Listed for Sale $227,500
  • 02 Aug 2018
    Listed for Sale $235,000
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About Yorketown 5576

The size of Yorketown is approximately 344.6 square kilometres. It has 4 parks covering nearly 0.1% of total area. The population of Yorketown in 2011 was 680 people. By 2016 the population was 968 showing a population growth of 42.4% in the area during that time. The predominant age group in Yorketown is 60-69 years. Households in Yorketown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yorketown work in a managers occupation. In 2011, 71.6% of the homes in Yorketown were owner-occupied compared with 72.2% in 2016.

Yorketown has 878 properties. Over the last 5 years, Houses in Yorketown have seen a 86.75% increase in median value. As at 30 November 2024:

  • The median value for Houses in Yorketown is $404,352 while the median value for Units is $265,885.
  • Houses have a median rent of $255.
There are currently 8 properties listed for sale, and no properties listed for rent in Yorketown on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Yorketown.

Suburb Insights for Yorketown 5576

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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.