22 Victor Harbor RoadMount Compass SA 5210
Property Details for 22 Victor Harbor Rd, Mount Compass
22 Victor Harbor Rd, Mount Compass is a 1 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1393m2 and floor size of 269m2.
Last Listing description (April 2024)
This property is on a large 1,393m2 (approx.) allotment which enjoys an outstanding location within the hub of activity in the "Township Main Street" zone of Mount Compass.
The property is estimated to have been built in the 1950s and originally was two separate buildings. The solid brick portion with its baker oven was run by the Beaumont Family and their timber frame residence was their family home. In the 1970s the gap between the two buildings was enclosed to create the "Old Bake House Gallery" which sold paintings and fine arts and crafts. Since then the shop and residence have been used for a pizza/takeaway and doctors surgery amongst other things. The property is currently fully occupied with leases to a butcher and bakery. The vendor's current retail business is available for sale by negotiation or alternatively is prepared to enter into a short term lease. The residential tenancy at the rear of the bakery is also leased. This provides an immediate passing income to a new purchaser.
Due to its location within the township, together with the size of the land, the opportunities are exciting.
Mount Compass is centrally positioned within the Fleurieu Peninsula and a rapidly growing satellite township of Adelaide located approx. 58km south of the CBD and approx. 25km north of the seaside tourist mecca of Victor Harbor. The township is on a major traffic route and exposed to high traffic volumes of holiday markers and south coast commuters. However, a rapidly growing local community attracted to the rural lifestyle and atmosphere of the town and district has also been a driver of increased retail activity in the town.
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Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
RLA62833
Property History for 22 Victor Harbor Rd, Mount Compass, SA 5210
- 16 Feb 2023Listed for Sale Contact Agent
- 02 Feb 2015Listed for Sale NOW $385,000
- 19 Jul 2014Listed for Sale Not Disclosed
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About Mount Compass 5210
The size of Mount Compass is approximately 44.8 square kilometres. It has 9 parks covering nearly 3.4% of total area. The population of Mount Compass in 2011 was 1,731 people. By 2016 the population was 1,446 showing a population decline of 16.5% in the area during that time. The predominant age group in Mount Compass is 50-59 years. Households in Mount Compass are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Compass work in a trades occupation. In 2011, 85.8% of the homes in Mount Compass were owner-occupied compared with 82.4% in 2016.
Mount Compass has 823 properties. Over the last 5 years, Houses in Mount Compass have seen a 81.25% increase in median value, while Units have seen a 87.83% increase. As at 31 October 2024:
- The median value for Houses in Mount Compass is $775,964 while the median value for Units is $219,206.
- Houses have a median rent of $395.
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