Colliers International is pleased to offer 2-12 Pioneer Street, Stansbury for sale via Expressions of Interest.
The property occupies a massive island site of 20,073 sqm* with four street frontages in South Australia's idyllic Yorke Peninsula region. Offered with vacant possession, the property will appeal to groups seeking to reuse the high quality, recently upgraded and well configured adaptable improvements for ongoing accommodation use and developers seeking to redevelop the site for residential development.
The property has been progressively upgraded and meticulously maintained through the refurbishment of most resident rooms with all 44 resident rooms featuring private ensuites and 4 separate self-contained units including separate bedroom, kitchen/living area and bathroom, plus a private courtyard. The main facility incorporates commercial kitchen, laundry, bathrooms, staff offices and meeting spaces, concessional spaces, consulting rooms and clinical spaces, utility spaces and storerooms, internal courtyard, communal lounge, communal dining facilities and activity spaces, together with on-site car parking and a large meeting hall with dedicated amenities.
The size of Stansbury is approximately 62 square kilometres. It has 6 parks covering nearly 0.9% of total area. The population of Stansbury in 2011 was 544 people. By 2016 the population was 670 showing a population growth of 23.2% in the area during that time. The predominant age group in Stansbury is 60-69 years. Households in Stansbury are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Stansbury work in a managers occupation. In 2011, 74.8% of the homes in Stansbury were owner-occupied compared with 83.5% in 2016.
Stansbury has 732 properties. Over the last 5 years, Houses in Stansbury have seen a 93.98% increase in median value, while Units have seen a 95.01% increase. As at 31 October 2024:
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