OFF MARKET

16 Market Square
Burra SA 5417

Bedrooms: 1
Bathrooms: 1
Car spaces: 6
Land area: 100m2
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Property Details for 16 Market Sq, Burra

Building Type
Commercial
Year Built
2010
Land Size
100m2
Local Government
Goyder
Lot/Plan
A279/F186791

Last Listing description (June 2020)

This commercial building is a fabulous investment return for the astute purchaser. Located in a fast-growing tourist area within 2 hours of Adelaide. The shop facade has been freshly painted and new double doors installed. It offers an excellent window display area with plenty of seating Inside and out. There is a built-in cool room, plus a 2nd cool room currently used for storage. Upstairs a kitchen plus office. Display cabinets, storage units, shelving, plant & equipment including 2 coffee machines to run a cafe style business are included in the sale. There is good parking access at the front of the shop.

The commercial shop is excellently located for the local and tourist trade and has traded as a cafe and gourmet food store, including fresh fruit & vegetables. A commercial/business investment opportunity not to be missed.

Call Julie Gabe 0438 836 508 for further details and to arrange an inspection.

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Property History for 16 Market Sq, Burra, SA 5417

A timeline of how this property has performed in the market
Last Sold
$110,000
10 Jun 2020
  • 10 Jun 2020
    Sold for $110,000
  • 23 Oct 2018
    Listed for Sale Contact Agent
  • 08 Jul 2014
    Transferred
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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 997 properties. Over the last 5 years, Houses in Burra have seen a 87.23% increase in median value, while Units have seen a 49.08% increase. As at 31 August 2024:

  • The median value for Houses in Burra is $315,182 while the median value for Units is $230,812.
  • Houses have a median rent of $290.
There are currently 10 properties listed for sale, and 1 property listed for rent in Burra on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Burra.

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