OFF MARKET

16-18 Miller Street
Springton SA 5235

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2024m2
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Property Details for 16-18 Miller St, Springton

Building Type
Commercial
Land Size
2024m2
Local Government
Barossa
Lot/Plan
A163/D125

Last Listing description (April 2023)

Springton Hotel is a truly iconic property enjoying a wonderful country location with potential uses as varied and extensive as your imagination and vision. Could be your next business opportunity or your truly special and luxurious country residence. Two allotments, space and close to the Barossa/Adelaide Hills. Currently operating well but the potential for a financial :gold mine" is self evident and compelling.Large building with numerous rooms and a number of building use options. At approx. 150 years old, the building has significant character, high ceilings, large rooms, large cellar areas, commercial kitchen and walk in cool room. Owner’s rooms are substantial. Some up-dating work to the building would add value to the property. The property has two titles and a separate stone building in the yard. Zoning is “township” and available for residential development. Hotel is "Freehold".Two titles each of approx. 1000m

Property History for 16-18 Miller St, Springton, SA 5235

A timeline of how this property has performed in the market
Last Sold
$462,000
18 Apr 2023
  • 18 Apr 2023
    Sold for $462,000
  • 20 Oct 2021
    Listed for Sale $495,000 - $540,000
  • 06 Jul 2016
    Listed for Sale REDUCED PRICE $370,000 S.A.V.
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About Springton 5235

The size of Springton is approximately 65.1 square kilometres. The population of Springton in 2011 was 607 people. By 2016 the population was 684 showing a population growth of 12.7% in the area during that time. The predominant age group in Springton is 50-59 years. Households in Springton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springton work in a managers occupation. In 2011, 84.8% of the homes in Springton were owner-occupied compared with 81.5% in 2016.

Springton has 493 properties. Over the last 5 years, Houses in Springton have seen a 75.86% increase in median value, while Units have seen a 105.06% increase. As at 31 October 2024:

  • The median value for Houses in Springton is $600,949 while the median value for Units is $216,332.
  • Houses have a median rent of $255.
There are currently 1 property listed for sale, and no properties listed for rent in Springton on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Springton.

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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.