38 Gardiner StreetGoolwa SA 5214
Property Details for 38 Gardiner St, Goolwa
Last Listing description (September 2019)
With interest rates currently at an all-time low, why would you leave your money in the bank when you can invest in a solid, blue-chip investment like this returning approx 5.8% pa with potential for more.
Situated on a prime commercial site of 2,608m in Goolwa's thriving Commercial / Industrial Precinct, comprising of 34 storage sheds of varying sizes totalling over 690m of floor space with an average occupancy rate of 90% (currently 97%). With limited overheads and minimal annual maintenance costs, here is a 'set & forget' investment that has to be considered.
100% occupancy rate for 12 months for a full financial year would yield in excess of 6.5% ROI.
Here is a breakdown of each storage shed:
SHED #RENT $ P/MthSIZE
1$145 9.1 X 3M
2$140 9.1 X 3M
3$140 9.1 X 3M
4$130 6.1 X 3M
5$120 6.1 X 3M
6$130 6.1 X 3M
7$130 6.1 X 3M
8$90 3 X3M
9$90 3 X 3M
10$90 3 X 3M
11$90 3 X 3M
12$130 6.1 x 3M
13$135 6.1 X 3M
14$130 6.1 X 3M
15$120 6.1 X 3M
16/17$240 8.5 X 6M
18$135 8.5 X 3M
19/20$220 8.5 X 6M
21$145 9.1 X 3M
22$145 9.1 X 3M
23$145 9.1 X 3M
24$145 9.1 X 3M
25$145 9.1 X 3M
26$145 9.1 X 3M
27$140 9.1 X 3M
28$140 9.1 X 3M
29$90 3 X 3M
30$90 3 X 3M
31$90 3 X 3M
32$140 6 X 3M
33$130 6 X 3M
34$130 6 X 3M
For full details including Income & Expenditure Reports and current rental terms, contact Lucas Bradley at Elders Goolwa today.
Property History for 38 Gardiner St, Goolwa, SA 5214
- 03 Oct 2019Sold for $597,500
- 09 Sep 2019Sold
- 23 Aug 2019Listed for Sale $625,000
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About Goolwa 5214
The size of Goolwa is approximately 17.4 square kilometres. It has 11 parks covering nearly 1.4% of total area. The population of Goolwa in 2016 was 2350 people. By 2021 the population was 2558 showing a population growth of 8.8% in the area during that time. The predominant age group in Goolwa is 70-79 years. Households in Goolwa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Goolwa work in a community and personal service occupation.In 2021, 66.40% of the homes in Goolwa were owner-occupied compared with 68.80% in 2016.
Goolwa has 1,902 properties. Over the last 5 years, Houses in Goolwa have seen a 81.59% increase in median value, while Units have seen a 148.91% increase. As at 31 March 2026:
- The median value for Houses in Goolwa is $739,149 while the median value for Units is $494,030.
- Houses have a median rent of $520 while Units have a median rent of $228.
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