189 Main Road, Mclaren Vale, SA 5171

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Auction

Auction

Prime Investment Opportunity!

Here is a rare opportunity to acquire a commercial property in the heart of the world renowned wine growing region of McLaren Vale.

Situated on a substantial 947sqm allotment and offering approximately 250sqm of floor area, this property is currently leased to two long term tenants generating an attractive income stream.

The opportunity is yours to buy and hold this prime investment with existing tenants in place, or plan to establish your own business in this high profile location.

Properties in this location rarely become available, and 189 Main Road is offered as a reluctant sale, as vendors pursue a new business opportunity.

Inspection by appointment. Lease details available on request.

Auction: On site – 12.30pm, Sunday 22th March 2020

Zoning: Residential

Rates: $3,307.19

Property Info:
  • Property ID: L1403699
  • Property Type: House
  • Building / Floor Area: 250 sqm
  • Open Parking: 6
  • Land Area: 947.0 sqm
We Know Your Area
R&H Suburb Profile: McLaren Vale

R&H Suburb Summary Houses
Number of sales 60
Average Price $503,782
Median Price $442,500
Median Rental Price $360 p.w.
Change in Rental Rate (5yr) 9 %
R&H Suburb Summary Units
Number of sales 1
Average Price $225,000
Median Rental Price $260 p.w.
McLaren Vale, SA - Median Trend