32-34 Copinger RoadSolomontown SA 5540
Property Details for 32-34 Copinger Rd, Solomontown
Last Listing description (August 2024)
Building and Land Only
Situated on Copinger Road, this strategically located property presents an exceptional investment opportunity. Nestled in close proximity to the Pirie CBD, this property benefits from its prime position within a bustling industrial area, surrounded by established businesses. Currently, it is home to a reputable business that is on a fixed 2-year lease, with a right of renewal for an additional 2 + 2 + 2 + 2 years, generating an impressive rental income of $60,000 plus GST per annum plus outgoings.
The property spans a substantial 5600 sqm parcel of land and features multiple shedding options (over 1,000 square meters of combined shedding), equipped with electricity, concrete flooring and 3 phase power. The site is fully fenced, ensuring security and privacy for the tenant. With four street frontages, it offers excellent visibility and accessibility.
Inside, the facility is well-appointed with a comprehensive office area, including five offices, a boardroom, and printing rooms, complemented by a kitchenette. Additionally, the property includes a crib room, washrooms, and bathroom facilities, making it fully functional for various business needs.
Notable Features:
- Strategic Location: Close to Pirie CBD, in a thriving industrial area
- Investment Opportunity: Current leased with reputable tenant, generating $60K p.a. plus GST plus outgoings
- Flexible Lease Terms: Fixed 2-year lease with options for 2 + 2 + 2 + 2 years renewal with CPI increase each year
- Large Land Parcel: 5600 sqm
- Multiple Shedding: Includes electricity and some with concrete flooring (over 1,000 square meters)
- 3 phase power
- Fully Fenced: Ensures security and privacy
- Four Street Frontages: Enhances visibility and accessibility
- Comprehensive Office Facilities: Includes 5 offices, a boardroom, printing rooms and reception area
- Additional Amenities: Crib room, washrooms, and bathroom facilities
- Zoned Industrial: Ideal for industrial or business use
For further details, including access to an information memorandum, please reach out.
Expressions of Interest are closing on the Friday 27th of September 2024.
RLA 172 571
Property Code: 3933
Property History for 32-34 Copinger Rd, Solomontown, SA 5540
- 19 Aug 2024Listed for Sale EXPRESSIONS OF INTEREST
- 04 Oct 2005Sold for $120,000
- 14 Jun 2001Sold for $54,000
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0About Solomontown 5540
The size of Solomontown is approximately 4.3 square kilometres. It has 8 parks covering nearly 37.0% of total area. The population of Solomontown in 2016 was 1107 people. By 2021 the population was 1088 showing a population decline of 1.7% in the area during that time. The predominant age group in Solomontown is 20-29 years. Households in Solomontown are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Solomontown work in a community and personal service occupation.In 2021, 61.40% of the homes in Solomontown were owner-occupied compared with 61.00% in 2016.
Solomontown has 792 properties. Over the last 5 years, Houses in Solomontown have seen a 144.40% increase in median value. As at 28 February 2026:
- The median value for Houses in Solomontown is $309,471 while the median value for Units is $321,097.
- Houses have a median rent of $400.
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