OFF MARKET

40 George Street
Moonta SA 5558

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 319m2
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Property Details for 40 George St, Moonta

Building Type
Commercial
Land Size
319m2
Local Government
Copper Coast
Lot/Plan
A110/F214844

Last Listing description (August 2023)

This Moonta commercial building opportunity presents a very attractive investment, with three established long-term tenants and a solid return on investment. Located in the heart of Moonta's central business district, the building benefits from a prime position in a high-traffic area that is easily accessible by car and on foot. Built in 1988, the property is situated adjacent to central public toilets and a car park.

The building's location is highly convenient, with a range of local businesses within easy walking distance, including Drakes Supermarket, chemists, newsagents, banks, butchers, bakeries, restaurants, cafes, hardware stores, homeware outlets, and fashion shops. This central location provides exceptional public exposure and accessibility for customers.

Investing in this commercial property could be an ideal option for your self-managed super fund, offering a solid bricks-and-mortar investment that delivers consistent rental income and long-term growth potential. This is a reliable and profitable opportunity that should not be missed for securing your financial future.

Moonta is a historic mining town located on the Yorke Peninsula in South Australia. Founded in the mid-19th century, it played a significant role in the state's copper mining industry. Today, it is a popular tourist destination known for its rich mining heritage, beautiful beaches, and natural scenery. Visitors can explore the town's history by visiting the Moonta Mines Museum, which showcases the tools, equipment, and processes used in copper mining during the 1800s.

In addition to its mining history, Moonta is a popular destination for beach lovers, with several beautiful beaches located nearby, including Moonta Bay and Port Hughes. The pristine waters of Spencer Gulf offer excellent fishing opportunities for boaties. Moonta also hosts several festivals and events throughout the year, including the Kernewek Lowender, which celebrates the town's Cornish heritage.

The Copper Coast region, which includes Moonta, has experienced significant housing growth in recent years due to its attractive lifestyle and proximity to Adelaide. This growth has resulted in the development of new housing estates and the renovation of older properties, providing a range of housing options for both locals and newcomers. The population of the Copper Coast towns has grown to over 15,000 and increases significantly during school holidays and long weekends when holidaymakers flock to the area.

The region has a diverse economy, with industries such as agriculture, fishing, tourism, hospitality, education, aged care, health services, and medical providing employment opportunities. The mining industry remains a dominant employer in the area, with fly-in, fly-out employees making their home base in the coastal towns. The tourism industry is growing, driven by the area's natural beauty, beaches, and historic attractions, creating job opportunities in areas such as hospitality, retail, and tour guiding.

Overall, the Copper Coast region offers a relaxed and laid-back lifestyle and has a diverse economy, making it an attractive place to live and work.
40 George St Moonta; investing in this commercial property could be the perfect addition to your existing portfolio or the start of a new chapter in commercial property investment of a reliable and profitable opportunity, a solid bricks-and-mortar investment that offers consistent rental income and long-term growth potential in a growing regional community.

For any questions and to view the property reach out to Tim Hosking 0419168989

HARRIS; we do things differently on the Copper Coast.

Specifications:
CT / 5779/320
Council / Copper Coast
Zoning / TAC
Land / 319m2

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. RLA | 226409

Property History for 40 George St, Moonta, SA 5558

A timeline of how this property has performed in the market
Last Sold
$640,000
14 Jul 2023
  • 14 Jul 2023
    Sold for $640,000
  • 12 Apr 2023
    Listed for Sale Expressions of Interest

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About Moonta 5558

The size of Moonta is approximately 4.6 square kilometres. It has 13 parks covering nearly 29.4% of total area. The population of Moonta in 2011 was 682 people. By 2016 the population was 629 showing a population decline of 7.8% in the area during that time. The predominant age group in Moonta is 60-69 years. Households in Moonta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moonta work in a community and personal service occupation. In 2011, 63.1% of the homes in Moonta were owner-occupied compared with 61.3% in 2016.

Moonta has 584 properties. Over the last 5 years, Houses in Moonta have seen a 113.70% increase in median value, while Units have seen a 66.70% increase. As at 31 October 2024:

  • The median value for Houses in Moonta is $463,044 while the median value for Units is $349,606.
  • Houses have a median rent of $253.
There are currently 3 properties listed for sale, and no properties listed for rent in Moonta on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Moonta.

Suburb Insights for Moonta 5558

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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.