OFF MARKET

1 Young Street
Burra SA 5417

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 129m2
Land area: 2607m2
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Property Details for 1 Young St, Burra

Building Type
Commercial
Year Built
1870
Floor Size
129m2
Land Size
2607m2
Local Government
Goyder
Lot/Plan
A99/F212709

Last Listing description (November 2023)

A truly remarkable property offering four commercial shops, a main residence and a collection of shedding. This C1870 stone built complex offers a flexible lifestyle or multiple tenant investment. Held for the last 40 years, holding so much of Burra's heritage under one roof.

Situated along Young Street, is four generous size shops/workspaces. All can be separated or open to be used as one large open center.
Shop 1 and 2 with window frontage.

Adequate heating and cooling throughout all shops.
All shops equipped with their own power meter.
Shared staff area at the rear including a toilet and kitchen area.
Large cellar located under shop 1.

Historical happenings in this section include The original Aberdeen Post Office, a convenience store in C1877 and the well known Sara's Antiques and to name a few.

All shops are currently occupied with interest in continuing their commercial agreement.

At the rear is a three bedroom main residence, sure to impress.
Entrance into an open living space, surrounded by cedar windows to invite light in and create a fantastic view over the private garden.
Living space includes a split system, ceiling fan and wood combustion heater behind a feature stone wall.
Flowing into the commercial kitchen, offering ample bench space, storage and cooking facilities.
Formal dining space with an ornate fireplace. The first Burra council meeting was held in this room!
Three spacious bedrooms, master with an ornate fireplaces and build in cupboards.
Large main bathroom with a two-person spa, double head shower with cedar windows to feel like a luxurious getaway.
Separate toilet located in the bathroom.
High ceilings throughout.
Fully insulated.
Heated ceiling in the open living space.
Raised storage shed with 20,000 liters of rainwater storage underneath.
Feature low-maintenance garden with a stone wall.
Multiple carports and sheds for vehicle storage.
Access from both Young Street and Morehead Street.
Set on a block size of approximately 2,555m2.

Regularly inspected for termites and lovingly maintained by the current owners, the property is ready to be taken over by the next lucky owners. This property has endless potential; use as one large residential premises, an investment or live in the main residence and run your business out of one of the shops. The charm, history and beauty of this property is something that needs to be viewed in person to appreciate.

ZONING: Township Activity Centre

$445,000

Lauren Ferme
0466 072 288

Property History for 1 Young St, Burra, SA 5417

A timeline of how this property has performed in the market
Last Sold
$451,200
08 Nov 2023
Listed for Rent
$250/w
22 Dec 2015
  • 08 Nov 2023
    Sold for $451,200
  • 31 Aug 2023
    Listed for Sale $449,000
  • 12 Nov 2015
    Listed for Rent - Price not available

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About Burra 5417

The size of Burra is approximately 441.6 square kilometres. It has 28 parks covering nearly 0.9% of total area. The population of Burra in 2011 was 1,396 people. By 2016 the population was 1,128 showing a population decline of 19.2% in the area during that time. The predominant age group in Burra is 60-69 years. Households in Burra are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Burra work in a managers occupation. In 2011, 69.8% of the homes in Burra were owner-occupied compared with 69% in 2016.

Burra has 1,002 properties. Over the last 5 years, Houses in Burra have seen a 86.78% increase in median value, while Units have seen a 55.90% increase. As at 31 October 2024:

  • The median value for Houses in Burra is $348,102 while the median value for Units is $250,368.
  • Houses have a median rent of $290.
There are currently 9 properties listed for sale, and no properties listed for rent in Burra on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Burra.

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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.