Newton

For sale

$190,000 + SAV ($65,000 approx.)

Keelan Grain & Fodder

At a Glance:

- Recession & Pandemic Proof

- 2019/2020 sales $774,780 incl. GST (Up 24% on last year)

- Business is run by 1 owner plus casuals

- Owned by current owner since October 2014

- Trading from current location since October 2018

- Located north east of the city

Keelan Grain & Fodder is an iconic family business that has stood the test of time for over 100 years. The business moved to the current location in October 2018 to a much more prominent position & larger premises on Gorge Road, Newton, opposite the new Aldi.

Over the years, Keelan Grain & Fodder has shifted from a traditional fodder store whose core business was horse food & hay, to a pet supply business that sells premium dog food & cat food. Apart from pet food, laying hens & garden supplies, Keelan Grain & Fodder has an established retail firewood operation to augment the business during the winter months.

Tony Iasiello 0412 217 608

RLA 283100

TenantedNo
Property Info:
  • Property ID: L1152561
  • Property Type: Retail
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R&H Suburb Profile: Newton

R&H Suburb Summary Houses
Number of sales 65
Average Price $548,002
Median Price $521,000
Median Rental Price $380 p.w.
Change in Rental Rate (5yr) 6 %
R&H Suburb Summary Units
Number of sales 7
Average Price $357,429
Median Price $368,500
Median Rental Price $323 p.w.
Change in Rental Rate (5yr) 7 %
Newton, SA - Median Trend
521000.0