SOLD
Sold on 26 Aug 2024 for $662,000

1/6 Bice Street
Barmera SA 5345

Bedrooms: 10
Bathrooms: 5
Car spaces: 5
Land area: 900m2
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Property Details for 1/6 Bice St, Barmera

1/6 Bice St, Barmera is a 10 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 900m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 10 bedroom Unit sold in Barmera in the last 12 months.

Building Type
Unit
Land Size
900m2
Local Government
Berri Barmera
Lot/Plan
A105/T741601

Last Listing description (July 2016)

We have the pleasure of selling a collection of property to allow a family living in 2 different country's to be together again.
Kingston on Murray - a former iconic motel of 9 rooms with spectacular elevated river and lagoon views. Sitting on 12,414 sqm of land on 2 allotments, there is significant scope for further development STC.
Currently used as back packers accommodation, it provides for 60 beds plus 2 common rooms and kitchen. Some rooms have been refurbished with re-tiled bathrooms and fresh paint.

There is outdoor entertaining/living space on decking around the pool which also overlooks the Riverland Valley.
Also, on site is a generous 3 bedroom home with 2 bathrooms which is also used as accommodation for 6 backpackers.
An opportunity here to run the property in its current state with generous income, or return the facility to its former glory with managers/owners residence.
Barmera (33A Laffer St) - a well presented 3 bedroom home with ensuite and generous living. Plus on the same allotment a former church with large kitchen amenities. This would suit 'hall' based activities or convert to unique residence. These 2 buildings are sitting on some 3000 sqm of land and could be subdivided or further developed STC.
Barmera (6 Bice St) - a unique property situated only 100 metres from main street featuring a double shop front and 5 x 2 bedroom flats. Currently used as backpacker accommodation for 20 beds and shops are vacant.
All property's come with furniture to operate as back packers accommodation + 10 vehicles including 2 mini buses.
The portfolio is earning a generous income within the back packer industry and can continue with the next owner...or property's could be put to alternative uses.
Property's can be sold as a whole portfolio or individually.
Expression of interest closes at 4.30 pm on 28 October 2015.

Property History for 1/6 Bice St, Barmera, SA 5345

A timeline of how this property has performed in the market
Last Sold
$662,000
26 Aug 2024
Listed for Rent
$100/w
22 Sep 2011
  • 26 Aug 2024
    Sold for $662,000
  • 28 Jun 2021
    Sold for $350,000
  • 28 Sep 2015
    Listed for Sale Expressions of Interest
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About Barmera 5345

The size of Barmera is approximately 76.7 square kilometres. It has 19 parks covering nearly 1.9% of total area. The population of Barmera in 2011 was 3,015 people. By 2016 the population was 2,928 showing a population decline of 2.9% in the area during that time. The predominant age group in Barmera is 60-69 years. Households in Barmera are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Barmera work in a labourer occupation. In 2011, 65% of the homes in Barmera were owner-occupied compared with 62.8% in 2016.

Barmera has 1,687 properties. Over the last 5 years, Houses in Barmera have seen a 92.82% increase in median value, while Units have seen a 53.28% increase. As at 31 October 2024:

  • The median value for Houses in Barmera is $351,675 while the median value for Units is $282,039.
  • Houses have a median rent of $360 while Units have a median rent of $210.
There are currently 17 properties listed for sale, and 2 properties listed for rent in Barmera on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Barmera.

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Disclaimer
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.