OFF MARKET

33976 Princes Highway
Compton SA 5291

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 178m2
Land area: 24280m2
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Property Details for 33976 Princes Hwy, Compton

33976 Princes Hwy, Compton is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 24280m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2004
Floor Size
178m2
Land Size
24280m2
Local Government
Grant
Lot/Plan
A444/F193436

Last Listing description (April 2023)

EXPRESSIONS OF INTEREST BY 4PM THURSDAY 30TH MARCH 2023 (UNLESS SOLD PRIOR)
Ray White Mt Gambier is pleased to offer 33976 Princes Highway, Compton, for sale. This package includes a shed/barn conversion with three bedrooms and approximately six acres of grassed outdoor space ready to be occupied.
The property is located in Compton, just a ten-minute drive from Mount Gambier's city centre. The rural location is perfect for families wanting to enjoy country life, with schools, shopping and dining options all close. The acreage makes it possible to build a dream home while living in the converted shed. The current house offers three bedrooms, two spacious living areas, a combined bathroom and laundry and a fully installed kitchen with new appliances.

The property is accessed via a farm gate and is surrounded by cypress trees that provide shelter, privacy and protection from the elements. The property also benefits from a secure shed, two rainwater tanks, a bore, a clothesline, and a large shed at the back of the main dwelling. The house is also equipped with NBN so there's no set-up necessary.
There are two entry points, one of which leads into a large living room with a combustion fireplace, ceiling fans and views of the property. The other entry is on the opposite side, where glass sliding doors lead into an open kitchen and dining area that also benefit from a separate combustion fireplace and reverse cycle air conditioning.
The kitchen is equipped with a stainless-steel electric oven and cooktop, a single sink that overlooks the garden, and plenty of cabinet storage and worktop space.
The bathroom and laundry sit off the kitchen with a separate toilet for privacy. The bathroom has a shower over bath, a vanity unit with storage, a basin and a mirror. It also accommodates a laundry.
The main bedroom is adjacent to the bathroom for convenience, while two more bedrooms are on the opposite side of the dwelling.
There is so much potential for this property which will appeal to buyers looking to set up a business, rental accommodation, build a large home with the option to earn income from letting the shed/barn, or a couple who would like to take the current building and renovate it, creating something truly unique. All options are STCA but the opportunity to dream big is unquestionable - with a solid foundation to start, this property could provide the home/work life balance you've been waiting for. Princes Highway sits toward the Penola side of Mount Gambier making it fantastic for seasonal workers, visitors to the Coonawarra, and families looking for country living with great childcare, schools and job opportunities within the town.
Contact Leearna and the team at Ray White Mt Gambier to learn more about this unique property, discuss the endless possibilities, and book a viewing. RLA 291953

Additional Property Information:
Age/ Built: Approx. 2004
Land Size: Approx. 6 Acres.
Council Rates: Approx. $300 Per Quarter.
Rental Appraisal: A rental appraisal has been conducted of approximately $280 to $320 per week.
*There would be the additional benefit if desired to agist the acreage / land for an additional income as well if preferred

Property History for 33976 Princes Hwy, Compton, SA 5291

A timeline of how this property has performed in the market
Last Sold
$400,000
04 Aug 2023
  • 04 Aug 2023
    Sold for $400,000
  • 17 Feb 2023
    Listed for Sale Expressions of Interest by 4pm Thursday 30th March
  • 12 Jun 2008
    Sold for $180,000
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About Compton 5291

The size of Compton is approximately 87.7 square kilometres. It has 2 parks covering nearly 20.6% of total area. The population of Compton in 2011 was 610 people. By 2016 the population was 703 showing a population growth of 15.2% in the area during that time. The predominant age group in Compton is 50-59 years. Households in Compton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Compton work in a trades occupation. In 2011, 88.5% of the homes in Compton were owner-occupied compared with 90.7% in 2016.

Compton has 531 properties. Over the last 5 years, Houses in Compton have seen a 89.41% increase in median value. As at 31 July 2024:

  • The median value for Houses in Compton is $731,148.
There are currently 6 properties listed for sale, and 1 property listed for rent in Compton on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Compton.

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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.