OFF MARKET

110 Melrose Street
Mount Pleasant SA 5235

Bedrooms: -
Bathrooms: -
Car spaces: 5
Land area: 444m2
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Last updated 11 Nov 2024
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Property Details for 110 Melrose St, Mount Pleasant

110 Melrose St, Mount Pleasant is a 0 bedroom, 0 bathroom House with 5 parking spaces. The property has a land size of 444m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Land Size
444m2
Local Government
Barossa
Lot/Plan
A50/F44150

Last Listing description (May 2023)

Why rent your business premises when you could buy in this magnificent location with your mortgage repayments most likely less than your leasing cost

This property in this superb location provides endless business opportunities, (STA) for retail, restaurant, wine bar, offices or any business where you need room and profile.
Perfect location in this highly visible 5 road intersection in the heart of the popular Mount Pleasant township approx. 55km north-east of Adelaide linked to the iconic Barossa Valley and the popular Adelaide Hills and only a short drive to the River Murray.

Opportunity may exist to convert part of the building as a residential at the rear, leaving the shop at the front. Providing the perfect opportunity to live and work on site (Subject to appropriate approvals)
The building boasts approx. 275m2 of usable area with kitchen and bathroom facilities
14 large windows provide ample advertising opportunities for your business to attract customers from the passing traffic, Vendor advised that approx. 2,000 cars pass by daily.
Improvements include split system air conditioning, 2kw Solar Panel System, new floating floor in main area and fresh carpet in other rooms.
If you are looking for a new location for your business or to start up a new business this property offers the perfect highly visible location in this delightful community.
Township Main Street Zone - The Barossa Council

Perfect position ready to move into!

Property History for 110 Melrose St, Mount Pleasant, SA 5235

A timeline of how this property has performed in the market
Last Sold
$310,000
19 May 2023
  • 19 May 2023
    Sold for $310,000
  • 07 Mar 2019
    Listed for Sale $339,000
  • 28 Nov 2018
    Listed for Sale Not Disclosed
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About Mount Pleasant 5235

The size of Mount Pleasant is approximately 111.4 square kilometres. It has 2 parks covering nearly 1.7% of total area. The population of Mount Pleasant in 2011 was 960 people. By 2016 the population was 1,037 showing a population growth of 8.0% in the area during that time. The predominant age group in Mount Pleasant is 60-69 years. Households in Mount Pleasant are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Pleasant work in a managers occupation. In 2011, 80.7% of the homes in Mount Pleasant were owner-occupied compared with 81.2% in 2016.

Mount Pleasant has 652 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 88.60% increase in median value, while Units have seen a 80.90% increase. As at 31 October 2024:

  • The median value for Houses in Mount Pleasant is $632,069 while the median value for Units is $404,970.
  • Houses have a median rent of $270.
There are currently 2 properties listed for sale, and 1 property listed for rent in Mount pleasant on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Mount pleasant.

Suburb Insights for Mount Pleasant 5235

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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.