SOLD
Sold on 30 Jan 2024 for $300,000

7894 Main South Road
Second Valley SA 5204

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 15360m2
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Property Details for 7894 Main South Rd, Second Valley

Building Type
Land
Land Size
15360m2
Local Government
Yankalilla
Lot/Plan
A100/D82617

Last Listing description (September 2020)

Here is a fabulous opportunity to secure a slice of Second Valley history, dating back to circa 1852, that is set up to capitalise on the enormous investment potential. These enchanting self contained units have been extensively upgraded over the last few years, and enjoy solid bookings throughout the year. Consisting of 5 separate units, each of them contains a queen bed, kitchenette, bathroom facilities, television and air conditioning. Suites 4 & 5 and 6 & 7 have been cleverly designed so that inter-connecting doors allow families to use two suites at once, if desired. Externally, the cottages offer a communal outdoor entertaining area that includes a gazebo, bbq and decking area.

These cottage's would suit a vast array of potential purchasers and for a wide range of uses. They could be purchased purely as an investment, and by making all 5 units available year round, would maximise the potential return. Other uses could be to utilise the standalone unit for yourself, family or friends, while renting out the other 4 units to holiday guests.

With the cleaning, maintenance and bookings administered by a local manager, this is a great opportunity for a hands on person to take complete control. Alternatively, enjoy the benefits and efficiencies that an owner/manager would bring, and appreciate the advantages of living and working locally in such an amazing part of the Fleurieu Peninsula.

Given the exciting location of these units in Second Valley, there are boundless opportunities that exist here; expand on the synergies that already occur with the popular & nearby Leonard's Mill Restaurant & Bar, capitalise on the ever-increasing traffic passing through to Kangaroo Island via the Cape Jervis ferry terminal, or hop on the Second Valley holiday rental renaissance - this truly is becoming one of South Australia's hottest holiday rental destinations.

Set amongst a delightful cottage garden, the property is located opposite the ever-popular Leonards Mill Restaurant, while a leisurely stroll will have you sitting on the Second Valley beach. Such is the history of the cottages (formerly known as Poplar House), it is one of the many highlights of the Second Valley Heritage Walk.

The 5 suites -

#3 Corporal Henry Ide
#4 Captain Nicolas Baudin
#5 Captain Matthew Flinders
#6 Colonel William Light
#7 Alexander Florence

The sale of the cottages comprises the complete "Settler Cottages" business, which includes all future bookings, website and intellectual property, and is being sold on a Walk In Walk Out basis. With the recent inclusion of the cottages on Airbnb, the increasing popularity of Second Valley, and the western Fleurieu Peninsula in general, and the proximity to the amazing Leonards Mill Restaurant, this can only increase the popularity and investment potential of these cottages.

For further information please call Jeremy on 0417 891 472.

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Property History for 7894 Main South Rd, Second Valley, SA 5204

A timeline of how this property has performed in the market
Last Sold
$300,000
30 Jan 2024
  • 30 Jan 2024
    Sold for $300,000
  • 10 Jun 2020
    Listed for Sale Under Contract

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About Second Valley 5204

The size of Second Valley is approximately 41.2 square kilometres. It has 6 parks covering nearly 34.3% of total area. The population of Second Valley in 2011 was 496 people. By 2016 the population was 158 showing a population decline of 68.1% in the area during that time. The predominant age group in Second Valley is 60-69 years. Households in Second Valley are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Second Valley work in a labourer occupation. In 2011, 68.7% of the homes in Second Valley were owner-occupied compared with 78.9% in 2016.

Second Valley has 346 properties. Over the last 5 years, Houses in Second Valley have seen a 88.64% increase in median value. As at 31 October 2024:

  • The median value for Houses in Second Valley is $614,925 while the median value for Units is $815,030.
  • Houses have a median rent of $190.
There are currently 3 properties listed for sale, and 1 property listed for rent in Second valley on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Second valley.

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