FOR SALE
$100,000 + SAV ($65,000 approx.)

Mannum Road
Mannum SA 5238

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Mannum Newsagency and X-Lotto

At A Glance:
• Located in picturesque riverside town
• Easily run newsagency
• Diverse product offerings
• Includes X-lotto outlet
• Excellent return to F/T working owner
This newsagency, gift shop, and X-Lotto outlet is situated in the heart of Mannum, operating since June 2018 the shop has established a strong customer base, benefiting from Mannum's charm and its position as a gateway to the beautiful Murray River.
The shop is designed for easy management, allowing it to be run efficiently by a single full-time owner or a couple, with no requirement for additional staff. This streamlined approach helps maintain low operational costs and simplifies daily operations.
With its diverse product range spanning newsagency services, unique gifts, and lottery sale, the business is well-positioned to capitalise on Mannum's ongoing growth and development. This is a fantastic chance to acquire a profitable venture in a thriving regional town, offering both a solid income and the opportunity to engage with a welcoming community.
Eunice Tan 0435 383 398
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Property Details for Mannum Rd, Mannum

Building Type
Commercial

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About Mannum 5238

The size of Mannum is approximately 256.3 square kilometres. It has 22 parks covering nearly 0.2% of total area. The population of Mannum in 2011 was 2,567 people. By 2016 the population was 2,651 showing a population growth of 3.3% in the area during that time. The predominant age group in Mannum is 60-69 years. Households in Mannum are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mannum work in a trades occupation. In 2011, 70.5% of the homes in Mannum were owner-occupied compared with 68.3% in 2016.

Mannum has 2,554 properties. Over the last 5 years, Houses in Mannum have seen a 93.79% increase in median value, while Units have seen a 123.14% increase. As at 30 November 2024:

  • The median value for Houses in Mannum is $479,627 while the median value for Units is $371,673.
  • Houses have a median rent of $450.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Mannum on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in Mannum.

Suburb Insights for Mannum 5238

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Eunice Tan
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Raine & Horne Business Sales
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.