OFF MARKET

69 Princes Highway
Meningie SA 5264

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 567m2
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Property Details for 69 Princes Hwy, Meningie

Building Type
Commercial
Land Size
567m2
Local Government
Coorong
Lot/Plan
A1/F15826

Last Listing description (November 2018)

Established in 2017, Pitstop at 69 is a start up business that is ready for the next phase.
All of the hard work has been done and being 30 minutes from the newly opened SA Motorsport Park at Tailem Bend, this business is ready to race!!
The business can easily be expanded by introducing new products, extending trading hours, adding a catering service or simply by the growing demand from visitors to the region.

Pitstop at 69 is a clean & modern food business servicing the locals and growing visitors to the Coorong Region.
Opened in 2016, Pitstop at 69 trades seven (7) days a week. Sunday to Monday Pitstop is open between 9am and 2.30pm and Thursday to Saturday Pitstop is open between 9.00am and 7.00pm.
The owner, Peta Williams, manages Pitstop at 69 and works in the business. Peta was responsible for the renovation, refurbishment and fitout of the Pitstop at 69 building.
The entire building was renovated in early 2017 and new equipment, wiring, and lighting was installed.
Since opening, Peta has continued to make improvements to the counter and business layout.
Pitstop at 69 is committed to good food and excellent customer service. Pitstop at 69 offers:
a range of salads
burgers
roast chicken
fish and chips
seafood
hot dogs
cakes and desserts
cool drinks and icecreams
barista-style coffee
Pitstop at 69 is located at 69 Princes Highway, Meningie.
It is located in the heart of the business district and attracts the attention of passing tourists every day.
Meningie has a resident population of around 1000 people, and it is an important service centre that supports the wider regional population with their shopping, banking, health and education needs.
Meningie is also an integral part of the Murray River, Lakes and Coorong tourism region due to its close proximity to the Coorong and Lakes.
During the summer months, the regional population swells as holiday makers move to the Lake and Coorong for respite.
More detail about the Pitstop at 69 is available in the Pitstop @ 69 Final Buyers Prospectus or the Agent, Kerry Swan.

Property History for 69 Princes Hwy, Meningie, SA 5264

A timeline of how this property has performed in the market
Last Sold
$220,000
03 Mar 2022
  • 03 Mar 2022
    Sold for $220,000
  • 23 Apr 2018
    Listed for Sale $65,000+SAV
  • 28 Jul 2017
    Transferred
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About Meningie 5264

The size of Meningie is approximately 375.5 square kilometres. It has 10 parks covering nearly 0.4% of total area. The population of Meningie in 2011 was 1,501 people. By 2016 the population was 1,123 showing a population decline of 25.2% in the area during that time. The predominant age group in Meningie is 60-69 years. Households in Meningie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Meningie work in a managers occupation. In 2011, 65.1% of the homes in Meningie were owner-occupied compared with 67.6% in 2016.

Meningie has 963 properties. Over the last 5 years, Houses in Meningie have seen a 111.16% increase in median value, while Units have seen a 175.52% increase. As at 31 October 2024:

  • The median value for Houses in Meningie is $408,749 while the median value for Units is $560,212.
  • Houses have a median rent of $275.
There are currently 25 properties listed for sale, and no properties listed for rent in Meningie on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Meningie.

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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.