OFF MARKET

29 Burton Terrace
Wudinna SA 5652

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 375m2
Land area: 740m2
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Property Details for 29 Burton Tce, Wudinna

Building Type
Commercial
Floor Size
375m2
Land Size
740m2
Local Government
Wudinna
Lot/Plan
A165/D26846

Last Listing description (July 2016)

LARGE DOUBLE FRONTED BRICK COMMERCIAL BUILDING (375M2) WITH GARDEN AND SHED AT REAR ON 750M2 CORNER BLOCK OF MAIN STREET IN WUDINNA, A COUNTRY TOWN ON THE EYRE PENINSULA IN SOUTH AUSTRALIA. FRONT PART FITTED OUT JUST OVER TWO YEARS AGO TO CREATE A RESTAURANT, SEPARATE OFFICE/SHOP AND SHARED DISABLED COMPLIANT TOILETS; FULLY AIR-CONDITIONED, FIRE SAFETY COMPLIANT AND 24 HOUR SECURITY. LARGE AREA BEHIND, WHICH CAN HAVE FRONTAGE TO SIDE-STREET, HAS CONSIDERABLE POTENTIAL FOR ONE OR TWO MORE BUSINESSES OR POSSIBLY AN OWNERS OR MANAGERS RESIDENCE.RESTAURANT IS AN OPERATING LICENSED THAI RESTAURANT WITH SEATING FOR UP TO 50 WITH A FUNCTION ROOM WHICH WILL ACCOMMODATE UP TO 20. IT CAN EASILY BE USED FOR ANY CUISINE WITH MINOR DECORATIVE CHANGES. KITCHEN IS ALL STAINLESS STEEL, WELL EQUIPPED AND VERY FUNCTIONAL. RESTAURANT PART OF BUILDING IS OFFERED ON A WALK IN WALK OUT BASIS, WITH ALL FURNITURE, EQUIPMENT AND CROCKERY ETC. INCLUDED IN SALE.OTHER SIDE OF THE FRONTAGE IS A FULLY FITTED OUT OFFICE/SHOP SUITABLE FOR A WIDE RANGE OF ACTIVITIES, FURNITURE/FITTINGS JUST HAVE TO BE MOVED IN. RESTAURANT FUNCTION ROOM CAN BE CHANGED TO PART OF THIS LETTING WITHOUT ANY DIFFICULTLY.THE REMAINING LARGE UNDEVELOPED AREA OFFERS LOTS OF POSSIBILITIES FOR YOUR BUSINESS ACUMEN.THIS IS A GREAT OPPORTUNITY FOR SOMEONE WHO IS LOOKING FOR BUSINESS DEVELOPMENT AND GROWTH IN THE MEDIUM TO LONGER TERM. WHILE THE TOWN HAS A POPULATION OF AROUND 550 AT PRESENT, FINAL APPROVALS FOR A MAJOR MINING PROJECT IN THE DISTRICT, ARE EXPECTED WITHIN THE NEXT 12 - 18 MONTHS. THE CONSTRUCTION AND OPERATION OF THE MINE WILL BRING MAJOR GROWTH TO THE DISTRICT AND TOWN.WHY AM I NOT FOLLOWING THROUGH WITH THIS GREAT OPPORTUNITY MYSELF? WELL, I HAVE NOW FULFILLED MY DREAM OF ESTABLISHING AND OPERATING A RESTAURANT AND MY HUSBAND HAS DECIDED THAT IT IS GETTING TOWARDS TIME FOR HIM TO RETIRE FROM HIS JOB AND FOR US TO HAVE A SEA CHANGE, SO MY BUILDING AND BUSINESS ARE UP FOR SALE.

Property History for 29 Burton Tce, Wudinna, SA 5652

A timeline of how this property has performed in the market
Last Sold
$180,000
13 Sep 2017
  • 13 Sep 2017
    Sold for $180,000
  • 08 Jul 2016
    Listed for Sale $250,000
  • 30 Aug 2012
    Sold for $83,000
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About Wudinna 5652

The size of Wudinna is approximately 580.8 square kilometres. It has 8 parks covering nearly 0.1% of total area. The population of Wudinna in 2011 was 559 people. By 2016 the population was 656 showing a population growth of 17.4% in the area during that time. The predominant age group in Wudinna is 50-59 years. Households in Wudinna are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Wudinna work in a managers occupation. In 2011, 64.2% of the homes in Wudinna were owner-occupied compared with 65.4% in 2016.

Wudinna has 481 properties. Over the last 5 years, Houses in Wudinna have seen a 169.22% increase in median value. As at 31 October 2024:

  • The median value for Houses in Wudinna is $239,508 while the median value for Units is $334,332.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Wudinna on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Wudinna.

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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.