SOLD
Sold on 08 Nov 2024 for $210,000

163-165 Main Street
Peterborough SA 5422

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 136m2
Land area: 356m2
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Property Details for 163-165 Main St, Peterborough

Building Type
Commercial
Year Built
1894
Floor Size
136m2
Land Size
356m2
Local Government
Peterborough
Lot/Plan
A845/F185737

Last Listing description (November 2023)

E.Hoile Building - The Old Chemist/Druggist

The old town chemist/druggist turned popular town caf, is located in the most central spot in town. Next door to the town supermarket, and directly across from the post office. As one of Peterborough's top cafes for the last six years running, the recently renovated main street caf is still currently tenanted and operating with a potential business opportunity at the rear of the building. The caf itself features a warm rustic feel with high ceilings and massive feature wall artwork.


The entire building has been re-wired and features an 8kw reverse cycle air-conditioning unit in the caf. The rear of the building offers a huge one-bedroom residence, with both the lounge and bedroom featuring working open fireplaces and floor to ceiling wardrobes in the bedroom. The kitchen features a new 2-pac gloss white cabinetry, with modern white granite benchtops and new gloss white tiling to match. The kitchen and bathroom areas still requiring small amounts of renovation to complete, however come with an abondance of materials that are required.

A huge rear yard completes the block, a blank canvas with room to construct a double garage and carport that would still allow for ample gardening space. One of the safest places in town, backing up to the police station, the rear premises has full separate rear lane access, and the perfect opportunity to rent for Airbnb for dual property income.

Peterborough is rich in steam train and railway history, with so much to see and do. A peaceful town with all the services you could need, a hospital, dentist, and doctors' surgery as well as a nursing home, a large supermarket, multiple cafes and restaurants, relaxing parks and skate park for the kids, motorcycle museum, wire works, history museum and steam town museum and tours. Peterborough has its own taxi service and bus services ready to take you to nearby towns such as Port Pirie, Port Augusta, and an Adelaide bus schedule.

Property History for 163-165 Main St, Peterborough, SA 5422

A timeline of how this property has performed in the market
Last Sold
$210,000
08 Nov 2024
  • 08 Nov 2024
    Sold for $210,000
  • 14 Feb 2023
    Listed for Sale $289,000
  • 30 Jul 2021
    Sold for $64,000
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About Peterborough 5422

The size of Peterborough is approximately 37 square kilometres. It has 13 parks covering nearly 3.8% of total area. The population of Peterborough in 2011 was 1,486 people. By 2016 the population was 1,507 showing a population growth of 1.4% in the area during that time. The predominant age group in Peterborough is 60-69 years. Households in Peterborough are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Peterborough work in a labourer occupation. In 2011, 77.7% of the homes in Peterborough were owner-occupied compared with 73.9% in 2016.

Peterborough has 1,328 properties. Over the last 5 years, Houses in Peterborough have seen a 165.50% increase in median value. As at 30 November 2024:

  • The median value for Houses in Peterborough is $189,667 while the median value for Units is $216,342.
  • Houses have a median rent of $250.
There are currently 13 properties listed for sale, and 1 property listed for rent in Peterborough on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Peterborough.

Suburb Insights for Peterborough 5422

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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.