OFF MARKET

24 Horrocks Highway
Wilmington SA 5485

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1614m2
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Property Details for 24 Horrocks Hwy, Wilmington

Building Type
Commercial
Year Built
1881
Land Size
1614m2
Local Government
Mount Remarkable
Lot/Plan
A220/F33338

Last Listing description (October 2022)

An excellent opportunity exists to purchase this main street building with both road and foot traffic. Currently tenanted to 2 separate tenants; "The Beautiful Valley Op Shop" & "Rusti Kates Feedlot" a dine in and take away food outlet.
Originally built in 1890 as Tuckwell's General Store, the current owner has owned the building since 2006. With a large verandah and a fully fenced yard, the cafe side of the building has a large floor area to accommodate patrons as well as the kitchen area and two cellars - approximately 1593 square metres of land.There is also the area currently utilised as the Op Shop. There are excellent returns for the prudent investor.
Don't miss this opportunity - Buy now at $195 000

Property History for 24 Horrocks Hwy, Wilmington, SA 5485

A timeline of how this property has performed in the market
Last Sold
$175,000
26 Sep 2022
  • 26 Sep 2022
    Sold for $175,000
  • 10 Jan 2022
    Listed for Sale $195,000

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About Wilmington 5485

The size of Wilmington is approximately 605.2 square kilometres. It has 3 parks covering nearly 21.7% of total area. The population of Wilmington in 2011 was 815 people. By 2016 the population was 572 showing a population decline of 29.8% in the area during that time. The predominant age group in Wilmington is 50-59 years. Households in Wilmington are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wilmington work in a managers occupation. In 2011, 80.7% of the homes in Wilmington were owner-occupied compared with 81.6% in 2016.

Wilmington has 615 properties. Over the last 5 years, Houses in Wilmington have seen a 143.71% increase in median value, while Units have seen a 41.99% increase. As at 31 October 2024:

  • The median value for Houses in Wilmington is $232,089 while the median value for Units is $206,003.
There are currently 1 property listed for sale, and no properties listed for rent in Wilmington on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Wilmington.

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