1-3 Murtho Road, Paringa, SA 5340 | Commercial for sale | OnTheHouse
 
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1-3 Murtho Road
Paringa SA 5340

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 647m2
Land area: 2048m2
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Landmark Corner Investment in Key Regional Township

The property is being sold via Expressions of Interest closing 4pm May 8th 2026 ACST.
Situated on a prominent corner allotment, this high-quality commercial investment presents a secure, long-term opportunity, underpinned by two established and highly regarded national tenants.
The property is fully leased to IGA Local Grocer and Australia Post, with leases commencing in October 2022 and secured through to October 2032. Both tenancies benefit from two (2) further renewal options of ten (10) years each, providing exceptional long-term income security.
Both tenants are responsible for outgoings, delivering a strong net income stream with built-in rental growth.
Located in the township of Paringa, approximately 246km north-east of the Adelaide CBD, the property services a key regional catchment and benefits from strong local demand for essential retail and postal services.
Key Features:
• Total building area of approximately 647sqm*, fully leased
• IGA supermarket: approx. 380sqm*
• Australia Post: approx. 112sqm*
• Additional residence: approx. 155sqm*
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Property Details for 1-3 Murtho Rd, Paringa

Building Type
Commercial
Floor Size
647m2
Land Size
2048m2
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About Paringa 5340

The size of Paringa is approximately 17.4 square kilometres. It has 7 parks covering nearly 1.3% of total area. The population of Paringa in 2016 was 1105 people. By 2021 the population was 1131 showing a population growth of 2.4% in the area during that time. The predominant age group in Paringa is 60-69 years. Households in Paringa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paringa work in a labourer occupation.In 2021, 77.50% of the homes in Paringa were owner-occupied compared with 71.60% in 2016.

Paringa has 655 properties. Over the last 5 years, Houses in Paringa have seen a 111.14% increase in median value, while Units have seen a 98.23% increase. As at 31 March 2026:

  • The median value for Houses in Paringa is $472,632 while the median value for Units is $404,771.
  • Houses have a median rent of $288 while Units have a median rent of $130.
There are currently 9 properties listed for sale, and no properties listed for rent in Paringa on OnTheHouse. According to Cotality's data, 22 properties were sold in the past 12 months in Paringa.

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Michael Kourbelis
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Raine & Horne Business Sales
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