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Harcourts Barossa  - RLA 206831

9 Hanson Street Freeling, SA 5372

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9 Hanson Street,
Freeling, SA 5372

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Harcourts Barossa  - RLA 206831
Jordan Varley

Harcourts Barossa - RLA 206831

104 Murray Street
TANUNDA, SA 5352
04034283...
Harcourts Barossa  - RLA 206831
9 Hanson Street
Freeling, SA 5372

Map of 9 Hanson Street

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“2 BUILDINGS!!! – Commercial office & 3 bedroom residential home!”

9 HANSON STREET, FREELING

Fantastic opportunity to acquire a local Freeling landmark with secure, long-term tenants in the residential home at the rear.

Wonderful returns & possibilities in the expanding town of Freeling, this is the perfect opportunity now to reap the rewards later!

Office area/Commercial building Comprising of 139sqm (approx.) of office/consulting area with 2 separate offices PLUS 169sqm (approx.) rear 3-bedroom home, with side gate access & rear access via the double gates off the laneway.

2 BUILDINGS!!! – One commercial & one A 3 bedroom residential home!

Front building – Commercial Office area

Original Bank SA building that opened in 1965 until 2015 when it closed its branch. It then became the local Real Estate Agency until 2022. Very well-presented, featuring 2 office spaces, large reception area with plenty of storage, original bank vault with the original key. Kitchen with store room. Two separate toilet/vanity rooms. Carport for access to the office. Security cameras and an alarm are installed and currently monitored.
Rental return: $500 per week plus outgoings.

Rear building – Residential 3 bedroom home

Solid brick home, featuring high ceilings. 3 bedrooms. Large lounge room and separate dining room. Kitchen is large with plenty of storage space, gas oven and a small meals are. Main bathroom with bath and shower. Separate toilet. Year-round comfort with 2 Reverse Cycle Air conditioners (one either end of the home) & a slow combustion heater in the lounge room. Large rear veranda joined to the carport giving a large entertainment area. Garden/tool shed. Single garage for a car or storage off the carport.
Current rental income is $325/week on a periodic lease with long term tenants.

With professional property management & guidance, this property as a whole could achieve around 7.2% return on your investment!

Specifications:
Council / Light
Zone / Township Activity Centre
Land / 661sqm (approx.)
Buildings / 308sqm total (approx.)
Easement / No

Freeling, 5372 demographic data

The median household income for Freeling is $1,755, 47% higher than Regional South Australia's household income of $1,190. Freeling has a younger age profile compared to the rest of Regional South Australia (median age 33 vs 47). Property ownership data shows 71% of property owners in Freeling have a mortgage.

2,688
Population
$1,755 per week
Median household income
33 years
Median age
Owners
Most residents
Families
Most households

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