OFF MARKET

113 Esplanade
Coffin Bay SA 5607

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 155m2
Land area: 1011m2
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Property Details for 113 Esplanade, Coffin Bay

Building Type
Commercial
Year Built
1975
Floor Size
155m2
Land Size
1011m2
Local Government
Lower Eyre Peninsula
Lot/Plan
S355/H510500

Last Listing description (July 2021)

Make an Offer - Vendor keen to sell!

Have you had enough "of working for the man"? Here's a great chance to be your own boss; work hard with a 5 year plan and capitalise on an iconic business, well known by the visitors and locals on Lower Eyre Peninsula. Ideal for a family, this business offers plenty of opportunity to exploit its great location and appeal.

Corner business and freehold for sale right alongside the Coffin Bay Caravan Park

Take away, Coffee, Oysters, Gifts
Fuel, bait, ice, tackle, gas refills
Excellent plant and chillers
Indoor and outdoor dining
Liquor license
Tourist Information
POS and fuel consoles
Large Solar system
Vendors keen to sell
Coffin Bay is renowned as a great destination for seafood, all types of fishing adventures, beautiful coastline and scenery and the name is recognisable all over Australia. With Coffin Bay being such a desirable destination and, with the continued growth in tourism, this business is nicely placed to reap the benefits of ever increasing visitors and population growth.

Form 2, and inspection, is available by appointment with Mike Bowyer, Raine & Horne Coffin Bay 0428 854 020.

Property History for 113 Esplanade, Coffin Bay, SA 5607

A timeline of how this property has performed in the market
Last Sold
$495,000
01 Jul 2021
  • 01 Jul 2021
    Sold for $495,000
  • 24 Dec 2019
    Listed for Sale AUCTION ON SITE 24th January 2020 @11am
  • 27 Nov 2015
    Listed for Sale Expressions of Interest
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About Coffin Bay 5607

The size of Coffin Bay is approximately 360.9 square kilometres. It has 14 parks covering nearly 86.5% of total area. The population of Coffin Bay in 2011 was 613 people. By 2016 the population was 613 showing a stable population in the area during that time. The predominant age group in Coffin Bay is 60-69 years. Households in Coffin Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coffin Bay work in a managers occupation. In 2011, 77.4% of the homes in Coffin Bay were owner-occupied compared with 79.5% in 2016.

Coffin Bay has 1,032 properties. Over the last 5 years, Houses in Coffin Bay have seen a 140.71% increase in median value, while Units have seen a 9.16% increase. As at 31 August 2024:

  • The median value for Houses in Coffin Bay is $584,010 while the median value for Units is $352,465.
  • Houses have a median rent of $440.
There are currently 10 properties listed for sale, and 1 property listed for rent in Coffin bay on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Coffin bay.

Suburb Insights for Coffin Bay 5607

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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.