49 Mckenzie StreetCeduna SA 5690
Property Details for 49 Mckenzie St, Ceduna
Last Listing description (June 2010)
Cash in on the Resources Boom approx 9.3% return with 10 year lease
Extremely well presented freehold investment with strategic large parcel of land approx 10.047 Ha. The motel is situated in the large regional township of Ceduna wich is currently enjoying healty growth through mining, exploration, associated industries and tourism. The improvements to the property totaling approx 1115m2 include 25 motel rooms, managers accomodation and restaurant. Long term lease commencing 01.07.2010 for an inital 10 year term with options of 5 + 5 + 5 +5. The current annual rental income is approx $126,690 with annual increases to CPI and market reviews.
All enquiries to agents in conjunction:
Raine and Horne Commercial RLA 166790/205498
Glen Shipway ph 0417801659
Shipway Hotel Brokers RLA 178913
Property History for 49 Mckenzie St, Ceduna, SA 5690
- 15 Apr 2025Sold for $1,600,000
- 01 Jun 2017Listed for Sale Not Disclosed
- 12 Nov 2010Sold for $1,150,000
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0About Ceduna 5690
The size of Ceduna is approximately 404.3 square kilometres. It has 15 parks covering nearly 0.9% of total area. The population of Ceduna in 2016 was 1850 people. By 2021 the population was 1955 showing a population growth of 5.7% in the area during that time. The predominant age group in Ceduna is 0-9 years. Households in Ceduna are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ceduna work in a professional occupation.In 2021, 52.80% of the homes in Ceduna were owner-occupied compared with 53.60% in 2016.
Ceduna has 1,213 properties. Over the last 5 years, Houses in Ceduna have seen a 53.56% increase in median value, while Units have seen a 72.73% increase. As at 31 January 2026:
- The median value for Houses in Ceduna is $311,307 while the median value for Units is $327,145.
- Houses have a median rent of $350 while Units have a median rent of $178.
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