10 Stuart StreetMelrose SA 5483
Property Details for 10 Stuart St, Melrose
10 Stuart St, Melrose is a 6 bedroom, 3 bathroom House and was built in 1881. The property has a land size of 913m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in July 2015.
Last Listing description (August 2023)
Price Guide $660,000 - $685,000
Stunning heritage features, artifacts from era's passed and modern creature comforts... will you be the next owner of this wonderful former bank?
Situated in the heart of Melrose, a quiet farming and outdoor focused town at the base of Mount Remarkable, this former has seen many renovations and additions of its lifetime.
Being established in the 1880's as the Bank of South Australia, it's last days in operation were with the ANZ Bank in 1995, if only the walls could talk! With the information and detail in each Bedroom you could be forgiven for thinking you were taking a step back into the bank days, with each Bedroom being given a theme from the big four banks.
All bedrooms containing split system air conditioning and polished pine floor boards. The kitchen has seen similar renovations with a freestanding electric oven and rangehood, timber cabinetry and double stainless steel sink. Step out into the hall way and you are greeted by the warmth of a large slow combustion heater which creates a comfortable space to enjoy a hearty winter meal or relaxing afternoon ale.
The lounge room at the front of the property has been operated as a cafe in its time and still resembles times of bank teller counters, open fireplace and split system air conditioning with the original vault room still intact.
The outdoor area is a wonderful peaceful spot to enjoy your afternoons, or morning coffee with views on the Mount Remarkable among the native gum trees.
The property also boasts a laundry mat that has provided travellers with some respite from the road. At the rear of the property sits a caretakers residence with modern kitchenette and bedroom setup with separate bathroom shower and toilet.
Access from the lane at the back is a great advantage for off street parking or storing any larger vehicles.
Expressions of Interest Unless Sold Prior
Closing on Thursday 18th of May 2023 by 12pm
Land Size: 980 sqm approx.
LGA: District Council of Mount Remarkable
Zoned: Township - Residential Use
Council Rates: TBA
CT5300/709
RLA228106
Property Code: 9073
Property History for 10 Stuart St, Melrose, SA 5483
- 06 Apr 2023Listed for Sale Expressions of Interest - Unless Sold Prior
- 16 Jul 2015Sold for $280,000
- 06 Jun 2012Listed for Sale $330,000
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About Melrose 5483
The size of Melrose is approximately 328.9 square kilometres. It has 2 parks covering nearly 11.1% of total area. The population of Melrose in 2011 was 406 people. By 2016 the population was 349 showing a population decline of 14.0% in the area during that time. The predominant age group in Melrose is 60-69 years. Households in Melrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melrose work in a managers occupation. In 2011, 81.5% of the homes in Melrose were owner-occupied compared with 83% in 2016.
Melrose has 364 properties. Over the last 5 years, Houses in Melrose have seen a 63.53% increase in median value. As at 31 October 2024:
- The median value for Houses in Melrose is $275,894 while the median value for Units is $328,599.
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