OFF MARKET

14 Railway Terrace
Lock SA 5633

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 310m2
Land area: 1011m2
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Property Details for 14 Railway Tce, Lock

Building Type
Commercial
Year Built
1968
Floor Size
310m2
Land Size
1011m2
Local Government
Elliston
Lot/Plan
A6/T551001

Last Listing description (December 2018)

This well established supermarket, newsagent and take away store in the centre of Eyre Peninsula is being offered as a walk in / walk out opportunity.
The business caters for a large district and has excellent plant and equipment.
Open 5.5 days a week, this is a life style business. The building is structurally sound and been well maintained. There is a 30Kw solar system in place and a 75kVA generator for back up.The vendors will offer training to the new owners and current staff are capable of managing the store for periods of time. This business is an excellent opportunity to be your own boss and to own both IGA business and premises. (Building can be sold separately)

Call Phil Cook 0428158282 to receive an information memorandum once a confidentiality agreement is signed.

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Property History for 14 Railway Tce, Lock, SA 5633

A timeline of how this property has performed in the market
Last Sold
$200,000
05 Apr 2022
  • 05 Apr 2022
    Sold for $200,000
  • 09 Aug 2018
    Listed for Sale $350,000 Premises / Business + SAV
  • 24 Jul 2012
    Listed for Sale BUSINESS $275,000 + SAV
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About Lock 5633

The size of Lock is approximately 637 square kilometres. It has 4 parks covering nearly 1% of total area. The population of Lock in 2011 was 435 people. By 2016 the population was 266 showing a population decline of 38.9% in the area during that time. The predominant age group in Lock is 50-59 years. Households in Lock are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lock work in a managers occupation. In 2011, 69.3% of the homes in Lock were owner-occupied compared with 83.2% in 2016.

Lock has 260 properties. Over the last 5 years, Houses in Lock have seen a 133.72% increase in median value. As at 30 November 2024:

  • The median value for Houses in Lock is $194,253 while the median value for Units is $428,030.
There are currently 2 properties listed for sale, and 1 property listed for rent in Lock on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Lock.

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