10 Crozier RoadVictor Harbor SA 5211
Property Details for 10 Crozier Rd, Victor Harbor
Last Listing description (July 2020)
SPECTACULAR COMMERCIAL INVESTMENT
Having recently undergone an impressive refurbishment, this property provides the very best in modern consulting-style accommodation. Leased to the Murray Mallee Health Network Inc. the property is used for running the 'Headspace' operation. This is a government-funded, non-profit organisation for youth mental health, part of the Department of Health and Ageings Youth Mental Health Initiative Program. The quality fittings, funky dcor and modern flexible floorplan with disabled access, now provide them with the perfect operation base.
The building occupies a corner site within easy reach of most CBD services. Its position is convenient and accessible for clients, with easy parking at the front of the building and well serviced by bus routes.
The accommodation is arranged as:
Reception
Boardroom
x5 consulting offices
Spacious open plan office
x1 office
Admin / print room
Staff room / kitchen
Store rooms
Customer WC (unisex)
Staff WCs (separate male and female)
Clients utilise the main front entrance, staff can access the building from the rear on-site car park. The car park is securely gated and can accommodate approx. 6 vehicles if double parked.
The lease is structured so as to tie in with the Lessees two yearly funding pattern. The Lessees recent investment in the significant fit out and refurbishment would indicate that these premises suit their long term goals. The current term runs until 31-Aug-21 with two renewal options of 2 years thereafter.
Current net rent is $66,950 + GST pa, subject to 3% annual reviews, except at renewal when the net rent is reviewed to market level. Outgoings are additionally on-charged to the Lessee.
The property is Torrens Titled
Total site area is approx 436 sq.m.
The property is to be sold as a going concern with the current lease in place, there is therefore no GST to be applied to the purchase price.
Stamp Duty on the purchase is $nil.
For further information, or to arrange an inspection, please contact Commercial Property and Business Sales specialists, VENTURE COMMERCIAL RLA 251076:
Nigel Grivell 0414 257 999
Harry Sanders 0431 057 346
Property History for 10 Crozier Rd, Victor Harbor, SA 5211
- 03 Jun 2020Sold for $1,000,000
- 28 Nov 2019Listed for Sale Contact Agent
- 11 Jul 2018Listed for Sale Contact Agent
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0About Victor Harbor 5211
The size of Victor Harbor is approximately 8.7 square kilometres. There are 32 parks, covering nearly 16.5% of the total area. The population of Victor Harbor in 2016 was 4233 people. By 2021 the population was 4520 showing a population growth of 6.8% in the area during that time. The predominant age group in Victor Harbor is 60-69 years. Households in Victor Harbor are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Victor Harbor work in a community and personal service occupation.In 2021, 64.10% of the homes in Victor Harbor were owner-occupied compared with 60.40% in 2016.
Victor Harbor has 3,667 properties. Over the last 5 years, Houses in Victor Harbor have seen a 73.67% increase in median value, while Units have seen a 93.16% increase. As at 30 April 2026:
- The median value for Houses in Victor Harbor is $789,890 while the median value for Units is $550,235.
- Houses have a median rent of $563 while Units have a median rent of $490.
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