SOLD
Sold on 04 Oct 2024 for $538,500

20 Market Square
Burra SA 5417

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 715m2
Land area: 416m2
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Property Details for 20 Market Sq, Burra

Building Type
Commercial
Year Built
1848
Floor Size
715m2
Land Size
416m2
Local Government
Goyder
Lot/Plan
A4/D44792

Last Listing description (December 2014)

THRIVING CAF BUSINESS AND MUCH MORE!
A wonderful tree change awaits Gaslight Collectables and Old books business is for sale. The heartbeat of Burra this thriving business is run from the ground floor of a beautifully restored C1848 double fronted building centrally located in Market Square. Well established and patronized throughout the MidNorth, visitors come to enjoy delicious, coffee and cakes and to browse among the three rooms of quality second hand books and interesting antiques and collectables. Gaslight has an enviable record, winning four Clare Valley Tourism Excellence Awards, as well as being awarded a Silver Medal in the State Tourism Awards. The business offers the astute purchaser upgraded kitchen facilities, seating for 40, storage areas, all caf facilities and a wide variety of stock, providing a unique opportunity for an exciting lifestyle with the possibility to further develop a wonderful reputation that 'Gaslight' provides. Business for sale - $120 plus SAV with long term lease available. Very flexible selling options exist. There is also opportunity to purchase the freehold building, which offers a spacious and stylish upstairs residence. Open living & dining, a wonderful balcony, 3 bedrooms, upgraded kitchen and bathroom for comfortable living, B&B accommodation or for whatever your imagination desires! Business and Freehold Reduced $560,000 WIWO Price $120,000 plus SAV Julie Gabe 0438 836 508

Property History for 20 Market Sq, Burra, SA 5417

A timeline of how this property has performed in the market
Last Sold
$538,500
04 Oct 2024
  • 04 Oct 2024
    Sold for $538,500
  • 26 Jun 2018
    Sold for $368,000
  • 08 Dec 2014
    Listed for Sale $580,000 WIWO
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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 1,007 properties. Over the last 5 years, Houses in Burra have seen a 104.60% increase in median value, while Units have seen a 64.81% increase. As at 30 November 2024:

  • The median value for Houses in Burra is $353,576 while the median value for Units is $219,465.
  • Houses have a median rent of $290.
There are currently 12 properties listed for sale, and no properties listed for rent in Burra on OnTheHouse. According to CoreLogic's data, 59 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.