OFF MARKET

5 Cole Road
Delamere SA 5204

Bedrooms: 2
Bathrooms: 1
Car spaces: 12
Land area: 2019m2
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Property Details for 5 Cole Rd, Delamere

Building Type
Commercial
Land Size
2019m2
Local Government
Yankalilla

Last Listing description (November 2023)

Ideal Family or Joint Venture

What a fantastic opportunity this iconic landmark business & property presents for a discerning buyer. Being operated by the same owner for the past 21 years, this is a profitable business has been the hub of this tight-knit community for many years. On offer here is the business, the general store building, and the cosy 2-bedroom cottage out the back - all of which is situated on over 2000sqm of prime real estate!

Other key notes -

- Agents/Suppliers of - Australia Post, Gas/Bottles, Fuel, Ice, General Grocery, Hot Food & Drinks
- Huge exposure site - gateway to Kangaroo Island
- Substantial plant & equipment included - Coolroom, Solar PV System, Display Fridges, Australia Post boxes
- Sold as Walk-in Walk-out - plus stock at valuation (approx. $80,000)
- 2019sqm (approx.) land area
- 3 water tanks
- Wood fire pizza oven surrounded by expansive lawn area
- 2 Bedroom cottage with open plan kitchen and living room, sunroom, ceiling fans, combustion heater, air conditioners
- Includes rear carpark off Cole Road

For further details, confidential financials or a private inspection, please contact Jeremy on 0417 891 472 or jeremy@flproperties.com.au

Property History for 5 Cole Rd, Delamere, SA 5204

A timeline of how this property has performed in the market
  • 24 Mar 2023
    Listed for Sale Not Disclosed
  • 18 Nov 2022
    Listed for Sale $839,000 - $879,000 plus SAV
  • 27 May 2022
    Listed for Sale Expressions of Interest

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About Delamere 5204

The size of Delamere is approximately 48.2 square kilometres. It has 2 parks covering nearly 21.4% of total area. The population of Delamere in 2011 was 496 people. By 2016 the population was 148 showing a population decline of 70.2% in the area during that time. The predominant age group in Delamere is 60-69 years. Households in Delamere are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Delamere work in a managers occupation. In 2011, 68.7% of the homes in Delamere were owner-occupied compared with 85.5% in 2016..

Delamere has 159 properties. Over the last 5 years, Houses in Delamere have seen a 67.51% increase in median value. As at 31 October 2024:

  • The median value for Houses in Delamere is $816,360.
There are currently 3 properties listed for sale, and no properties listed for rent in Delamere on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Delamere.

Suburb Insights for Delamere 5204

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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.