Outstanding opportunity to secure a Commercial property with future development opportunities.....

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129a Murray Street, Tanunda SA 5352

Offers Above $1,100,000

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$1.1M - $1.16M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1803 m²

Listed: 40 days ago

Updated: 6 hours ago

Overview

Located in the highly regarded and tightly held heart of Tanunda, this commercial property presents an exceptional prospect, particularly for investors seeking immediate rental income with the advantage of a secure long-term tenant in place until March 2027.

The substantial land parcel of approximately 1,803 square metres offers both functional office spaces and excellent onsite parking facilities, enhanced by additional shedding at the rear. This generous allotment not only supports current commercial activities but also opens avenues for future development or enhancements, contingent upon council approval. Such potential is a significant asset for those with development ambitions or the desire to customize the property further.

Internally, the office layout merges practicality and comfort, tailored to accommodate staff and visitors alike. The front-facing reception and waiting areas create a welcoming environment, while the interior balances a mix of office, storage, and staff amenities. Features such as ducted heating and cooling ensure year-round comfort, and the alarm system adds a layer of security.

The additional elements including multiple office rooms, a separate copying and utility area, original kitchen facilities with a walk-in pantry, and accessible and original bathrooms provide a comprehensive foundation for varied commercial use. The presence of double original shedding extends the property's utility for storage or operational purposes.

This opportunity appeals predominantly to investors or businesses seeking a solid commercial foothold in a central location within the Barossa Valley, combining stable tenancy with scope for growth and development. The balance of established functionality and future potential encapsulates the property's unique investment proposition.

Local Market Insights

In Tanunda, Quiet Listings observed 8 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $815,250. The property type mix of listed properties is predominantly Houses at 71%, followed by land (21%), and commercial properties (7%). The most active agency for houses in the Tanunda area is currently Homburg Real Estate, representing 50% of new listings, followed by Elders Real Estate with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.