SOLD
Sold on 05 Jul 2024 for $1,500,000

49 The Strand
Port Elliot SA 5212

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 179m2
Land area: 919m2
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Property Details for 49 The Strand, Port Elliot

Building Type
Commercial
Year Built
1920
Floor Size
179m2
Land Size
919m2
Local Government
Alexandrina
Lot/Plan
A9/F110016

Last Listing description (May 2024)

Circa 1920, this historic bluestone dwelling is presented for sale providing a vast array of opportunities for its new owner. The historical charm of yesteryear fused with such a prominent position in the central shopping precinct of Port Elliot, is indeed a unique combination - an opportunity that only comes along once in a blue moon.

Originally this property was the local butcher's shop with the shop front on one side, and private dwelling on the other. Over the years it has been occupied by a variety of establishments from a bookstore to clothing boutique to name but a few. The property falls under the Local Heritage Places of Port Elliot List and zoned "Township Main Street".

The astute investor will have the ability to rent out dual shop fronts, restaurant, coffee shop, reside or holiday let are just a few examples of what this building could be used for. This premium location has astounding foot traffic and is open to such a range of choices - could the next chapter be part of your story? The building is now vacant and awaiting its next venture.

There are 6 mains rooms comprising 12 ft ceilings, timber floors, lead light doors and three original fireplaces . A combustion heater & split system air conditioner provide other heating and cooling options. The main front showroom has a lovely polished concrete floor, combining the old with the new - creating an ambience only a character building of this style can offer.

The kitchen area is tiled and has the option to open up to the rear of the property as a servery/bar and also comprises a grease trap necessary for commercial cooking and catering for private events - subject of course to planning consent and council approvals. Just installed is a brand new front verandah brightening the facade of the building - ready for the next 100 years!

The large allotment is 919m2 in size and has a frontage of approximately 22m. There is a vast expanse of open lawn space along with a large double bay shed approx. 5x7m in size with access from the street front directly into the shed.

The idyllic seaside town of Port Elliot is home to beautiful beaches and sandy shores such as Horseshoe Bay - offering some of South Australia's finest coastal, scenic & culinary experiences with amazing holiday homes and boutique accommodation. The town's high level of tourist activity ensures constant foot traffic throughout the year, making it the perfect location.

For more detailed information on the property or to arrange a private inspection please contact Tania on 0407 970 916.

Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Ray White Goolwa / Victor Harbor will not accept any responsibility should any details prove to be incomplete or incorrect. RLA298107

Property History for 49 The Strand, Port Elliot, SA 5212

A timeline of how this property has performed in the market
Last Sold
$1,500,000
05 Jul 2024
  • 05 Jul 2024
    Sold for $1,500,000
  • 20 Mar 2023
    Listed for Sale Contact Agent
  • 23 Nov 1999
    Sold for $178,000
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About Port Elliot 5212

The size of Port Elliot is approximately 21.7 square kilometres. It has 13 parks covering nearly 5.3% of total area. The population of Port Elliot in 2011 was 1,966 people. By 2016 the population was 2,101 showing a population growth of 6.9% in the area during that time. The predominant age group in Port Elliot is 70-79 years. Households in Port Elliot are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Elliot work in a professional occupation. In 2011, 66.7% of the homes in Port Elliot were owner-occupied compared with 67.3% in 2016.

Port Elliot has 1,800 properties. Over the last 5 years, Houses in Port Elliot have seen a 85.19% increase in median value, while Units have seen a 109.53% increase. As at 31 October 2024:

  • The median value for Houses in Port Elliot is $807,761 while the median value for Units is $479,073.
  • Houses have a median rent of $490 while Units have a median rent of $1,330.
There are currently 17 properties listed for sale, and 1 property listed for rent in Port elliot on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Port elliot.

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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.