OFF MARKET

40 Fourth Street
Cleve SA 5640

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 3415m2
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Property Details for 40 Fourth St, Cleve

Building Type
Commercial
Land Size
3415m2
Local Government
Cleve
Lot/Plan
A2/F7436

Last Listing description (May 2024)

After 36 years, Mike has decided to shut shop, put the tools away and enjoy a well deserved retirement with Sue, doing what they love, travelling and exploring this wonderful country of ours.
The huge freehold (Property) & Business are for sale as a package or separately.

The Property

40 - 42 Fourth Street Cleve consists of 3415m2 and is an expansive street to street allotment, situated in a high profile area on one of the main streets in town.
With approximately 900m2 of undercover floor space comprising a showroom, tyre shop, office, store room, workshop, large shed, carport & amenities it offers a myriad of options and could easily be utilised/leased as a whole or the floorplan even lends itself to being split up.

The Business
Cleve 4WD & Camping Centre is a very well established business, offering all facets of 4x4 and full car servicing & repairs, air conditioning, auto electrical service, diagnostics, brake and clutch, caravan, trailer & truck repairs, tyre servicing, wheel alignment and wheel balancing. They also sell an extensive range of camping and off road supplies.
Being sold as a going concern, all the tools, plant & equipment needed to keep carrying on the business are included in the sale.

This is a great opportunity for a mechanic looking to run their own business or for an investor seeking a versatile commercial investment with loads of potential.

Ultimately our vendor's first choice is to sell the property and business together as a whole but they will also consider selling them separately.
Zoned Township Activity Centre - you are only limited by your imagination.

We are seeking your BEST OFFER BY November 30th 2023.

For more information about the property, business figures or plant & equipment please do not hesitate to contact Melanie.
RLA 274962

Property History for 40 Fourth St, Cleve, SA 5640

A timeline of how this property has performed in the market
Last Sold
$70,000
25 Mar 1993
  • 09 May 2024
    Listed for Sale Contact Agent
  • 01 Nov 2023
    Listed for Sale Contact Agent
  • 25 Mar 1993
    Sold for $70,000

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About Cleve 5640

The size of Cleve is approximately 548.7 square kilometres. It has 11 parks covering nearly 6.2% of total area. The population of Cleve in 2011 was 971 people. By 2016 the population was 965 showing a population decline of 0.6% in the area during that time. The predominant age group in Cleve is 60-69 years. Households in Cleve are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cleve work in a managers occupation. In 2011, 74.4% of the homes in Cleve were owner-occupied compared with 72.6% in 2016.

Cleve has 705 properties. Over the last 5 years, Houses in Cleve have seen a 86.04% increase in median value. As at 31 August 2024:

  • The median value for Houses in Cleve is $243,137 while the median value for Units is $291,149.
  • Houses have a median rent of $208.
There are currently 22 properties listed for sale, and no properties listed for rent in Cleve on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Cleve.

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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.