Lot 242, 73 Size Road, Oakbank, South Australia, 5243

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Auctioned

Auctioned for $655,000 (Oct 08, 2019)

SOLD AT AUCTION

“Rollbusch Cottage” 8.87 acres

A renovator’s delight, or a stepping-stone to building your new dream home. Here it is, a rare small acreage property offering near city convenience and a country lifestyle with a fabulous outlook.

One of the Adelaide Hills best kept secrets, along a no-through road, this area was originally referred to by locals as ‘Cotton Town’. The ‘blocks’ were first made available for lease by Mr Cotton M.L.C. in 1888.

‘Rollbusch Cottage’ was thought to have been built on section 242 circa 1903, when it was purchased by Mr William Rollbusch for 71 pound, fifty pence…

Today, after 65 years of ownership by the Kerber family, section 242 is now offered to the open market. In fact this is the first time in nearly 100 years that the property is offered for sale to the open market, as prior transactions were all local people privately transferring the land.

The two bedroom, timber frame cottage would respond well to upgrades, or perhaps reside in the cottage whilst you build a new home suited to your lifestyle. Ideal building sites are situated toward the rear of the land, where the views are simply beautiful.

Along the top ridge of the property signs of early settlement are evident with a few very small quarry’s where it is likely that the stone was taken and utilised to construct the well and footings of the shack on the adjoining property (section 238).

Breathe in the fresh country air, take in the stunning views across the Onkaparinga Valley and the historic Oakbank Racecourse, and be consumed by the lifestyle on offer… this is country living, this is Oakbank.

Additional features;

10,000 gallon concrete rain-water tank

High clearance, lockable 8m x 8m, dirt floor ‘hay shed’

6m x 6m lockable garage with concrete floor

Original stable

Small orchard

Dam (please note – the tyres lining the dam will be removed at Vendors cost)

Access via Walters road or off of Shillabeer road.

Cottage currently rented (periodic lease) at $190 per week

To be auctioned on site, Friday 27th September at 1pm.

Please note – There is a second adjoining Title (8 acres) which will be Auctioned following this Title.

Property Info:

  • Property ID: L549005
  • Property Type: House
  • Garages: 2
  • Land Area: 8.0 acres

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R&H Suburb Profile: Oakbank

R&H Suburb Summary Houses
Number of sales 12
Average Price $746,250
Median Price $680,000
Median Rental Price $450 p.w.
R&H Suburb Summary Units
Number of sales 0
Average Price $Infinity
Oakbank, SA - Median Trend
  • Lot 242, 73 Size Road, Oakbank,
    South Australia, 5243