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.
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 268 properties. Over the last 5 years, Houses in Watervale have seen a 129.10% increase in median value. As at 31 October 2024:
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