131-133 Grange RoadBeverley SA 5009
Property Details for 131-133 Grange Rd, Beverley
Last Listing description (July 2023)
Cushman & Wakefield is pleased to present 131-133 Grange Road, Beverley for sale by Expressions of Interest a secure, fully leased 'set and forget' investment in the health and fitness sector.
The property provides investors the superb opportunity to acquire a fully refurbished freestanding property with 10 year leases in place to Core Physio and Revo Fitness.
Situated just 4km from the CBD and 6km from the beach, the property occupies a prime location in the inner western suburb of Beverley and boasts a valuable landholding of 2,430 square metres.
With two 10+5+5 year leases in place, the property provides security of income over an extended period, with current net income of $388,200 per annum.
In a market that is starved of high-quality investment opportunities, 131-133 Grange Road, Beverley has all the fundamentals of a superb investment and we strongly recommend it for your serious consideration.
Key property highlights:
Modern refurbished building of 1,808sqm* NLA
2 tenants on 10+5+5 yr leases
Net passing income of $388,200pa
Huge 2,430sqm* site with parking for 63 cars
High profile Grange Road location
No Stamp Duty or GST on acquisition
131-133 Grange Road, Beverley is offered for sale by Expression of Interest closing 4pm Thursday 20 July 2023.
For more information or to arrange an inspection please contact the agents
*approx.
RLA 315726
Property History for 131-133 Grange Rd, Beverley, SA 5009
- 27 Jun 2023Listed for Sale Contact Agents
- 23 May 2018Listed for Rent - Price not available
- 28 Oct 2014Listed for Sale CONTACT AGENT
Recent sales nearby
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About Beverley 5009
The size of Beverley is approximately 1.5 square kilometres. It has 2 parks covering nearly 3.1% of total area. The population of Beverley in 2016 was 1498 people. By 2021 the population was 1578 showing a population growth of 5.3% in the area during that time. The predominant age group in Beverley is 30-39 years. Households in Beverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Beverley work in a professional occupation.In 2021, 61.20% of the homes in Beverley were owner-occupied compared with 59.70% in 2016.
Beverley has 1,079 properties. Over the last 5 years, Houses in Beverley have seen a 86.00% increase in median value, while Units have seen a 95.72% increase. As at 31 March 2026:
- The median value for Houses in Beverley is $1,044,001 while the median value for Units is $608,932.
- Houses have a median rent of $600 while Units have a median rent of $265.
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