FOR SALE
$250,000

21 Lewis Terrace
Iron Knob SA 5611

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1050m2
Land area: 3.9527ha
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The Iconic Iron Knob Pub & School

Once the town's pub and school that's now looking for new ownership and a new lease of life!
It's affordable and bursting with potential. Bring the old girl back to the once vibrant pub it was that locals and tourists came to enjoy. And why not turn the old school into accommodation quarters to cater for the miners and tourists.
Just let your imagine run wild, it's all here to ponder!
Solar systems included in the sale
The sale covers three allotments and to be sold as a package:
Sec 21 – CT 5826/939 – Hotel – 1.174 ha
Sec 22 – CT 5826/940 – Vacant land – 0.4047 ha
Sec 396 – CT 5826/941 – Vacant land – 2.374 ha
Other than personal belongings, what you see is what comes with the sale.
A rare opportunity that doesn't come along too often, so enquiry today for further information.
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Property Details for 21 Lewis Terrace, Iron Knob

Building Type
Commercial
Floor Size
1050m2
Land Size
3.9527ha

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About Iron Knob 5611

The population of Iron Knob in 2011 was 167 people. By 2016 the population was 127 showing a population decline of 24.0% in the area during that time. The predominant age group in Iron Knob is 60-69 years. Households in Iron Knob are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Iron Knob work in a labourer occupation. In 2011, 69.5% of the homes in Iron Knob were owner-occupied compared with 76.4% in 2016..

Iron Knob has 59 properties. Over the last 5 years, Houses in Iron Knob have seen a 30.17% increase in median value. As at 31 August 2024:

  • The median value for Houses in Iron Knob is $83,457.
There are currently 1 property listed for sale, and no properties listed for rent in Iron knob on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Iron knob.

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Jake Pope
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Elders Real Estate Whyalla (RLA62833)
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