OFF MARKET

6-8 Market Square
Burra SA 5417

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 272m2
Land area: 918m2
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Property Details for 6-8 Market Sq, Burra

Building Type
Commercial
Floor Size
272m2
Land Size
918m2
Local Government
Goyder
Lot/Plan
A3/D13877

Last Listing description (April 2024)

Welcome to this prime space presenting a fantastic opportunity for investors or entrepreneurs seeking a lucrative venture. Boasting a Medical Centre and Newsagency, this property offers three tenancies with secure lease agreements in place, ensuring a reliable and steady income stream.
Comfort and convenience are paramount, as the property is fully air-conditioned to provide optimal working and shopping environments. With its rear access and off-street parking facilities, tenants and visitors can enjoy hassle-free access and ample parking spaces.
Situated with main street frontage, this property enjoys maximum exposure to both pedestrian and vehicular traffic, enhancing its business potential. The prime location in Burra's bustling hub guarantees a constant flow of potential customers.

Whether you are an astute investor looking to expand your portfolio or a budding entrepreneur ready to make your mark, this commercial property is an exceptional investment. Burra's vibrant community and thriving business scene make it the perfect location to establish or expand your enterprise.
Don't miss out on this incredible opportunity to own a sought-after commercial property in the heart of Burra. Act now and secure your place in this bustling business district. Enquire today to arrange a viewing and see the potential that awaits!

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Property History for 6-8 Market Sq, Burra, SA 5417

A timeline of how this property has performed in the market
Last Sold
$315,000
14 Sep 2018
  • 22 Jun 2023
    Listed for Sale $695,000
  • 14 Sep 2018
    Sold for $315,000
  • 31 May 2018
    Listed for Sale $330,000 - $360,000
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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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