FOR SALE
Best Offers By December 8, 2024 at 4pm-USP

1-3/18 Murray Street
Tanunda SA 5352

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 1063m2
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Rare opportunity to purchase a 3 residence Germanic cottage in a Prime Location!

Prominent Corner Location with Main Street Frontage.
Live, rent, BNB, Develop (STPC), Commercial/Retail/Cellar Door Sales (STPC) - the potential is endless!!
Step into a piece of history with this prime corner property, circa 1860, just a stone's throw from Tanunda's picturesque tree-lined main street. Nestled in the heart of the Barossa, this location offers unparalleled access to the region's iconic wineries, renowned restaurants, and beloved attractions.
As one of Tanunda's original Germanic properties, Johann's Cottage is steeped in history while offering modern versatility. The property features three updated residences, each generating separate income streams, making it an ideal investment or lifestyle opportunity.
Unit 1 is currently operating as the highly regarded "Johann's Cottage" BNB. This spacious residence features two large bedrooms, two living areas, a study, and a large underground cellar. The modern kitchen, equipped with stainless steel appliances, complements the property's historic charm. A bathroom, compact laundry, and separate toilet add functionality, while the private courtyard provides the perfect setting to relax with a glass of Barossa wine. Split system, reverse cycle air conditioning, antique furnishings, and plentiful off-street parking complete the picture, making this BNB a guest favourite.
Unit 2, currently tenanted, is a well-maintained and generously proportioned home. It includes a central hallway, two large bedrooms, a lounge room, and a fully equipped kitchen. The residence also features a bathroom, separate toilet, laundry, and a private rear courtyard. Split system reverse cycle air conditioning ensures year-round comfort.
Unit 3, also tenanted, is a cozy one-bedroom unit with a living room, kitchen, and combined bathroom/laundry. A separate toilet and a private rear courtyard enhance the home's practicality and appeal. Split system reverse cycle air conditioning ensures the comfort of the current tenant and an added bonus of rear yard garden shed for added storage.
The property boasts a highly sought-after main street frontage, with original rooms of large proportions featuring high ceilings and heritage details. Currently rated as three separate units, the property sits on a prime corner allotment, with pending approval to build an additional residence fronting Theodor Street. This presents an excellent opportunity to create another income stream or build your dream home in one of the Barossa's most desirable locations (STPC).
The versatile floorplan allows the purchaser to continue with its current configuration, with the option to include the existing BNB furnishings. Alternatively, it lends itself to other possibilities, including cellar door sales, commercial or retail use (STPC), or transforming the property into a single substantial home. Whether you choose to develop further (STPC) or enjoy multiple investment rentals, this property offers endless opportunities.
**Viewings are strictly by appointment only. Unit's 2 and 3 not photographed to respect tenants privacy**
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Property Details for 1-3/18 Murray St, Tanunda

1-3/18 Murray St, Tanunda is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 1063m2. The place is currently for sale with Elders Real Estate Barossa .

Building Type
House
Land Size
1063m2

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About Tanunda 5352

The size of Tanunda is approximately 24.4 square kilometres. It has 21 parks covering nearly 1.2% of total area. The population of Tanunda in 2011 was 4,671 people. By 2016 the population was 4,598 showing a population decline of 1.6% in the area during that time. The predominant age group in Tanunda is 50-59 years. Households in Tanunda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tanunda work in a professional occupation. In 2011, 72.7% of the homes in Tanunda were owner-occupied compared with 71.8% in 2016.

Tanunda has 2,826 properties. Over the last 5 years, Houses in Tanunda have seen a 82.79% increase in median value, while Units have seen a 105.34% increase. As at 31 October 2024:

  • The median value for Houses in Tanunda is $694,484 while the median value for Units is $454,537.
  • Houses have a median rent of $495 while Units have a median rent of $380.
There are currently 8 properties listed for sale, and no properties listed for rent in Tanunda on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Tanunda.

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Nicola Biagi
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Elders Real Estate Barossa
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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.