80 Princes HighwayMeningie SA 5264
Property Details for 80 Princes Hwy, Meningie
80 Princes Hwy, Meningie is a 0 bedroom, 0 bathroom House with 1 parking spaces. The property has a land size of 806m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (November 2018)
Price reduced to $150,000 or annual lease $15,000 + Outgoings
Let your creativity go wild and start your new business in this large industrial building in central Meningie.
Featuring a large show room and storage area, with an unloading ramp, this property can be renovated to suit any commercial purpose including retail, tourism, hospitality, storage or agri services.
Zoned Town Centre, this property is adjacent to the Meningie Post Office which creates continual customer foot traffic throughout the day. On the weekends, the location of the property will capture the eye of the many passing tourists and visitors to the region.
Formerly leased to a range of Agribusiness suppliers, this building is of solid Besser brick construction and has large, street facing windows and a bulk head for commercial signage.
With a gross leasable area of around 800 sqm, the building has existing bathroom facilities and a reception and office area that are in need of renovation and restoration. Located in the heart of the building is a secure bank safe, complete with its own history and story to tell.
A fully fenced yard also provides the astute business owner with much needed storage or housekeeping space.
With the SA Motorsport Park, The Bend, just 30 minutes away, capitalise on this rare industrial offering and make sure that you are #motorsportready for the thousands of visitors wanting to experience the Coorong at its best.
Property History for 80 Princes Hwy, Meningie, SA 5264
- 06 Nov 2018Sold for $130,000
- 11 Jun 2015Listed for Sale Reduced to $195,000 + GST
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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.
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