SOLD
Sold on 30 Aug 2024 for $460,000

8 South Terrace
Minlaton SA 5575

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 113m2
Land area: 1147m2
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Property Details for 8 South Tce, Minlaton

8 South Tce, Minlaton is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1147m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Minlaton in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
113m2
Land Size
1147m2
Local Government
Yorke Peninsula
Lot/Plan
A2/F3858

Last Listing description (September 2024)

Enjoy the best of both worlds with this spacious 1,147m2* L-shaped property with desirable golf course outlook from your extensively renovated 3-bedroom home on South Terrace while also having main street frontage and great exposure for your business venture. Zoned Township Activity Centre with Residential use/classification, flexibility is high on the list for this property with the option to rent out both residential and commercial components to current tenant and business owner giving you immediate return on your investment. Alternatively, you could utilise one component for yourself and gain some income off of the other. Over the last few years, the property has been almost completely renovated giving the lucky purchaser a turn key product to move in and enjoy right away in both business and leisure aspects.

A key feature of the house is the expansive, open plan kitchen, dining and living area with floating flooring and large windows which fill the home with natural light. The kitchen has good size island bench perfect for the family breakfast as well as dishwasher and great storage space while split system air conditioner ensures comfort year-round in this main part of the home.

Completing the inside of the house are 3 double bedrooms all with split system air conditioning and built-in robe storage, main bathroom with separate toilet and the laundry. Externally the features continue with undercover entertaining area overlooking the established yet low maintenance lawn and garden. There's a lined 6m x 4m* shed for a kids retreat/hobby space along with carport and further off-street parking.

Currently the shop is very open plan, setup as a hair dressing Salon with a storage and a treatment room with polished concrete floor, toilet and large split system air conditioner to go with the attached and internally accessible 9m x 6m* shed.

There's extensive shedding throughout the property both adjoining the salon and freestanding, catering for your storage needs for both components of the property whether they be occupied by the same person or separately.

With separate power meters and the salon self-contained on 10,000L rainwater storage life is made very easy in firstly separating and then the ongoing management of the property separately if desired while a 5KW solar system on both properties will help keep the bills down.

Minlaton is the hub of the Southern Yorke Peninsula with a diverse range of businesses available including supermarket, hotel, craft brewery, 24/7 gym, hardware store, service station, fashion/homeware stores, District School (R-12) and much more. The town's recreational facilities are great with golf course, town oval, playground and skate park to name a few. If the beach is what you're searching for then picturesque Bluff and Parsons beaches plus Port Rickaby are all within very short drive to cool off on a warm summers day or to head out fishing.

For further information or to arrange an inspection please contact Troy Goldsworthy, Nutrien Harcourts Minlaton - 0488 128 801.

RLA 102485

*Approximately

Property History for 8 South Tce, Minlaton, SA 5575

A timeline of how this property has performed in the market
Last Sold
$460,000
30 Aug 2024
Listed for Rent
$350/w
21 Jul 2022
  • 30 Aug 2024
    Sold for $460,000
  • 12 Jul 2024
    Listed for Sale $479,000 - $505,000
  • 19 Dec 2023
    Listed for Sale $479,000 - $505,000
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About Minlaton 5575

The size of Minlaton is approximately 265.4 square kilometres. It has 8 parks covering nearly 0.5% of total area. The population of Minlaton in 2011 was 1,261 people. By 2016 the population was 1,105 showing a population decline of 12.4% in the area during that time. The predominant age group in Minlaton is 60-69 years. Households in Minlaton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Minlaton work in a managers occupation. In 2011, 75.2% of the homes in Minlaton were owner-occupied compared with 75.8% in 2016.

Minlaton has 808 properties. Over the last 5 years, Houses in Minlaton have seen a 75.52% increase in median value. As at 31 August 2024:

  • The median value for Houses in Minlaton is $386,341 while the median value for Units is $263,132.
  • Houses have a median rent of $230.
There are currently 10 properties listed for sale, and no properties listed for rent in Minlaton on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Minlaton.

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Nutrien Harcourts Minlaton
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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.