SOLD
Sold on 11 Dec 2023 for $800,000

44 Goolwa Road
Middleton SA 5213

Bedrooms: -
Bathrooms: 2
Car spaces: 10
Floor area: 176m2
Land area: 2130m2
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Property Details for 44 Goolwa Rd, Middleton

Building Type
Commercial
Year Built
1954
Floor Size
176m2
Land Size
2130m2
Local Government
Alexandrina
Lot/Plan
A6/F138180

Last Listing description (March 2021)

Situated on the main road in the central township of this popular coastal tourist destination and famous for its surfing tradition, 44 Goolwa Road comprises 3 leased areas and a very substantial site area.

Adjacent to the Middleton Tavern and next door to the well patronised bakery, the current tenant mix includes Travel and Surf School administration offices, hairdresser and real estate agent.


The improvements include circa 1950 stone and brick bungalow with brick veneer additions into 2 retail/ office areas plus numerous outbuildings currently sited over 2 allotments.

The slightly elevated site area of some 2150m2 has 2 road frontages and ample off street parking plus additional parking dedicated on the main road.

Zoned Tourist Accommodation in the Alexandrina Council area, this versatile site is one of very few properties in the Middleton township and enjoys exceptional future development potential (subject to consents).

With a secure cash flow at settlement from the 3 leases, a blend of future development options include retail, professional and tourist accommodation ensures this property has an exciting future for the next ownership as an investment or for future development.

All written offers to be submitted.

Interested parties are encouraged to contact sole selling agents Dodd & Page Pty Ltd for further property information and inspection arrangements.

Members of the Real Estate Institute of South Australia since 1922. RLA 1381.

Philip Dodd : 0409 094 202
enquiries@doddandpage.com.au
Office: 51 The Strand, Port Elliot
Ph: 08 8554 2029

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Property History for 44 Goolwa Rd, Middleton, SA 5213

A timeline of how this property has performed in the market
Last Sold
$800,000
11 Dec 2023
  • 11 Dec 2023
    Sold for $800,000
  • 29 Jun 2021
    Transferred for $141,666
  • 13 Sep 2018
    Listed for Sale Not Disclosed
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About Middleton 5213

The size of Middleton is approximately 35.4 square kilometres. It has 5 parks covering nearly 1% of total area. The population of Middleton in 2011 was 1,074 people. By 2016 the population was 1,154 showing a population growth of 7.4% in the area during that time. The predominant age group in Middleton is 60-69 years. Households in Middleton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Middleton work in a professional occupation. In 2011, 72.5% of the homes in Middleton were owner-occupied compared with 75.8% in 2016.

Middleton has 1,561 properties. Over the last 5 years, Houses in Middleton have seen a 85.69% increase in median value, while Units have seen a 75.70% increase. As at 30 September 2024:

  • The median value for Houses in Middleton is $731,798 while the median value for Units is $461,783.
  • Houses have a median rent of $500.
There are currently 7 properties listed for sale, and 1 property listed for rent in Middleton on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Middleton.

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