OFF MARKET

29 Main North Road
Watervale SA 5452

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 489m2
Land area: 2600m2
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Property Details for 29 Main North Rd, Watervale

Building Type
Commercial
Floor Size
489m2
Land Size
2600m2
Local Government
Clare & Gilbert Valleys
Lot/Plan
A132/F867

Last Listing description (May 2023)

Excellent opportunity to purchase a successful, profitable family business with residence on a large block in the Heart of the Clare Valley, being sold as Freehold. Well presented & welcoming shop front with well-designed commercial kitchen - stainless steel benches, pizza oven, sinks, appliances, coffee machine, dishwasher & fridges. Grocery line & wide variety giftware shop plus Post Office creating regular & increasing income. Options to dine in the shop, in the sunroom or alfresco. A great friendly family General Store.
The homely residence with 4 brs & a study area, open plan family with comb. heater, air cond. & floating floors. 2nd living area, white galley kitchen with plenty of c/boards & bench area with timber bench tops & electrical appl. Family bathrm with corner spa & functional l'dry. Side & rear verandah with establ. garden. 6x9m shed & garden shed with gravel driveway. Encl. rear yard & 60 panels of solar. Situated on 2,660sqm in the heart of Watervale. STCC tourist accomm. at the back. Establ. garden, veggie patch & orchard. A major tourist town, the Watervale population is increasing with lots of exciting development happening in the region. Huge scope to build up the business.

Property History for 29 Main North Rd, Watervale, SA 5452

A timeline of how this property has performed in the market
Last Sold
$510,000
12 May 2023
  • 12 May 2023
    Sold for $510,000
  • 13 Sep 2022
    Listed for Sale $650,000 + SAV
  • 03 Jan 2017
    Sold for $340,000
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About Watervale 5452

The size of Watervale is approximately 59.1 square kilometres. The population of Watervale in 2011 was 453 people. By 2016 the population was 317 showing a population decline of 30.0% in the area during that time. The predominant age group in Watervale is 60-69 years. Households in Watervale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Watervale work in a managers occupation. In 2011, 79.4% of the homes in Watervale were owner-occupied compared with 82.7% in 2016.

Watervale has 269 properties. Over the last 5 years, Houses in Watervale have seen a 128.24% increase in median value. As at 31 August 2024:

  • The median value for Houses in Watervale is $553,632.
There are currently no properties listed for sale, and no properties listed for rent in Watervale on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Watervale.

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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.