FOR SALE
Expressions Of Interest by 12pm 31st Jan 2025

23-25 Macdonnell Street
Naracoorte SA 5271

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 236m2
Land area: 768m2
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Stunning Freehold Commercial opportunity steeped in history and exuding luxury and class

Ray White Mt Gambier is pleased to present 23-25 MacDonnell Street, Naracoorte, for sale as a whole.
Featuring:
2 x Businesses operating as
- Cafe " The Corner Grounds (ongoing concern) "
- Bed & Breakfast " Chalet de la Ruche "
INCLUDING
1 x Commercial / Residential Premises consisting of 2 adjoining buildings under the 1 Title. One operating as the historical cafe and the other a luxury B&B 2 bedroom cottage.
The Coffee House was established in 1864 as Naracoorte's first general store. The current owner has taken great care to stylishly update it while retaining its quality characteristics and has completely rebuilt the interior of both buildings.
She has lovingly restored this historic premises and it has a new lease of life invigorated with a luxurious French theme. From new walls and flooring to plumbing, electricity, and the finest fittings and fixtures to accentuate its character. The building is a drawcard for locals, interstate and international visitors, who come to experience the impressive transformation.
The Corner Grounds:
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Property Details for 23-25 Macdonnell St, Naracoorte

Building Type
Commercial
Floor Size
236m2
Land Size
768m2

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About Naracoorte 5271

The size of Naracoorte is approximately 114.2 square kilometres. It has 25 parks covering nearly 2.6% of total area. The population of Naracoorte in 2011 was 5,691 people. By 2016 the population was 5,965 showing a population growth of 4.8% in the area during that time. The predominant age group in Naracoorte is 30-39 years. Households in Naracoorte are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Naracoorte work in a labourer occupation. In 2011, 69.3% of the homes in Naracoorte were owner-occupied compared with 67.3% in 2016.

Naracoorte has 3,732 properties. Over the last 5 years, Houses in Naracoorte have seen a 62.46% increase in median value, while Units have seen a 76.86% increase. As at 30 November 2024:

  • The median value for Houses in Naracoorte is $355,951 while the median value for Units is $311,799.
  • Houses have a median rent of $348 while Units have a median rent of $225.
There are currently 27 properties listed for sale, and no properties listed for rent in Naracoorte on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Naracoorte.

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Tahlia Gabrielli
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Leearna Roberts
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Ray White Mt Gambier
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