OFF MARKET

3 Railway Terrace
Beachport SA 5280

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 769m2
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Property Details for 3 Railway Tce, Beachport

Building Type
Commercial
Land Size
769m2
Local Government
Wattle Range
Lot/Plan
A4/F121271

Last Listing description (September 2022)

Resortbrokers is delighted to bring to market this unique opportunity to purchase the freehold, land, buildings and businesses of two iconic properties; Bompas of Beachport Caf and Accommodation and Bonnies of Beachport luxury apartments.

Bonnies presents as 6 x two-bedroom luxury beachside apartments and operates more like a passive investment, generating good revenue with little input from the owners. Bompas at Beachport is now a thriving modern caf, bar, function area and seven guest accommodation rooms parcelled inside a glorious 1878 building that has been completely refurbished in the last 12 months.

Positioned on prime beachfront land and located side by side, it is intended that both properties will be sold together.

This is an outstanding opportunity to get your hands on sought-after land plus two businesses, one that operates as a passive investment and the fully refurbished and perfectly positioned for new operators to take it to the next level.

- Outstanding beachfront land
- Caf operates under an on-premises licence
- Two-bedroom manager's residence
- Yet to reach its full potential only reopened in August 2021
- Two freehold, land, buildings and businesses on offer
- Circa $300,000 in recent refurbishments in the caf
- 6 x two-bedroom self-contained apartments that operate like a passive investment
- Total of 13 accommodation rooms 6 x two-bedroom apartments and seven luxury guest rooms
- Perfect for an owner-operator couple, would also suit under management
- Property inspections are by appointment only

Property History for 3 Railway Tce, Beachport, SA 5280

A timeline of how this property has performed in the market
  • 07 Jun 2022
    Listed for Sale $3,495,000 + SAV
  • 23 Apr 2015
    Listed for Sale Expressions of Interest
  • 19 Dec 2011
    Listed for Sale REFER CONSULTANT PLUS SAVING
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About Beachport 5280

The size of Beachport is approximately 159.9 square kilometres. It has 7 parks covering nearly 6.6% of total area. The population of Beachport in 2011 was 878 people. By 2016 the population was 648 showing a population decline of 26.2% in the area during that time. The predominant age group in Beachport is 60-69 years. Households in Beachport are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Beachport work in a managers occupation. In 2011, 76.1% of the homes in Beachport were owner-occupied compared with 81% in 2016.

Beachport has 853 properties. Over the last 5 years, Houses in Beachport have seen a 116.36% increase in median value, while Units have seen a 64.35% increase. As at 31 August 2024:

  • The median value for Houses in Beachport is $549,154 while the median value for Units is $313,543.
  • Houses have a median rent of $223.
There are currently 3 properties listed for sale, and no properties listed for rent in Beachport on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Beachport.

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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.