OFF MARKET

26 Wallis Street
Port Neill SA 5604

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 2023m2
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Property Details for 26 Wallis St, Port Neill

26 Wallis St, Port Neill is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1945. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Year Built
1945
Land Size
2023m2
Local Government
Tumby Bay
Lot/Plan
A39/T530801

Last Listing description (December 2017)

Located in the idyllic seaside town of Port Neill is a fabulous opportunity to purchase a 60 year old business with a huge amount of extras, options & further potential.
On offer is the Port Neill General Store & Hardware Business including the fuel and gas supplies, the registered Port Neill Post Office offering a guaranteed annual income, a beautiful three bedroom home, negotiable stock at valuation, all conveniently located on a huge 2023m2 Freehold allotment.
Make no mistake, this is fantastic buying value being the only store in town offering all these services, providing a monopoly on the market and with the freehold title, residential home, guaranteed Australia Post Income, only fuel in town and enough room for any expansion you desire, this business is ready to be taken to the next level.

After 25 successful years in the business, the owners have decided retirement is overdue and have given us the authority to market this offering at an extremely value packed price as to encourage a sale in short time.
Most three bedroom homes in Port Neill sell around this price alone so to have the associated business and other income streams attached represents the vendors strong motivation for sale.
The business currently offers a large range of general hardware, fixtures & fittings, garden supplies, pipe and fittings, farm supplies, house hold perishables, daily home supplies, drinks, huge amount of fishing supplies, ice and other general home wares and supplies.
On top of this is the only offering in town of unleaded and diesel fuel supplies and are distributors for Origin Gas supplies and "swap and go" bottles.
Finally there is the jewel in the crown being the Licensed Post Office offering a guaranteed income per annum for providing the service.
There are solar panels connected also providing a great saving and a huge amount of vacant land for any expansion or storage options.
With main suppliers comprising of Mitre 10, Liberty, Origin, PFD, Neptune Tackle, Century Batteries, Aust Post, Smoke mart and Acrochest to name a few, the view for expansion is visibly enormous.
An Information Memorandum (Form 2) is available for inspection upon completion of a confidentiality agreement.
Genuine opportunities like this don't come around very often and this is one of those. Be your own boss, live your own dream & create your own destiny.
Call David McPharlin on 0408 917 945 for more information and a private inspection.

Property History for 26 Wallis St, Port Neill, SA 5604

A timeline of how this property has performed in the market
Last Sold
$320,000
26 Mar 2018
  • 26 Mar 2018
    Sold for $320,000
  • 27 Sep 2011
    Listed for Sale Lease or Buy
  • 03 Oct 1996
    Sold for $135,000

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About Port Neill 5604

The size of Port Neill is approximately 269.8 square kilometres. It has 1 park. The population of Port Neill in 2011 was 137 people. By 2016 the population was 188 showing a population growth of 37.2% in the area during that time. The predominant age group in Port Neill is 60-69 years. Households in Port Neill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Neill work in a managers occupation. In 2011, 85% of the homes in Port Neill were owner-occupied compared with 77.1% in 2016.

Port Neill has 395 properties. Over the last 5 years, Houses in Port Neill have seen a 54.10% increase in median value. As at 31 October 2024:

  • The median value for Houses in Port Neill is $337,769 while the median value for Units is $306,035.
There are currently 2 properties listed for sale, and no properties listed for rent in Port neill on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Port neill.

Suburb Insights for Port Neill 5604

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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.