FOR SALE
Business & Freehold $490,000

Parndana Bakery Cafe & Groceries
Parndana SA 5220

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Parndana Bakery Cafe & Groceries

At a Glance
- Business & Freehold opportunity
- Established nearly 70 years ago
- Excellent location
- Increasing sales
- Operates 7 days per week
The Parndana Friendly Grocery store (locally known as Parndana Bakery, Cafe & Groceries) was started nearly 75 years ago as the General Store for Parndana (which was the soldier settlement area on Kangaroo Island) and all the surrounding farming areas. Situated right in the heartland of Kangaroo Island, the township is the launching place for tourists visiting the Northern and Western part of the island and is often a stop off point for visitors heading to or from Flinders Chase National Park.
Parndana is one of the four major towns on Kangaroo Island and has an area school (Reception to Year 12), Health Centre, Post Office, 2 fuel outlets, hotel, sporting complex for football, netball, tennis, cricket, basketball and softball, Lawn Bowls club, Church, laundromat and there is a pre-school currently being built next to the school. As such, it is the hub for the locals living in the vicinity.
Accompanying the business is an adjoining residence with three bedrooms, one bathroom and an office.
Safe, secure and serene, this business is in an excellent location to maximise sales potential whilst offering a wonderful environment for a family to live and grow.
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Property Details for Parndana Bakery Cafe & Groceries, Parndana

Building Type
Commercial

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About Parndana 5220

The size of Parndana is approximately 2.8 square kilometres. The population of Parndana in 2011 was 146 people. By 2016 the population was 147 showing a population growth of 0.7% in the area during that time. The predominant age group in Parndana is 30-39 years. Households in Parndana are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Parndana work in a managers occupation. In 2011, 55.8% of the homes in Parndana were owner-occupied compared with 67.8% in 2016..

Parndana has 134 properties. Over the last 5 years, Houses in Parndana have seen a 109.71% increase in median value. As at 30 November 2024:

  • The median value for Houses in Parndana is $378,680 while the median value for Units is $634,872.
There are currently 4 properties listed for sale, and no properties listed for rent in Parndana on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Parndana.

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Simon Winter
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