6-8 Market SquareBurra SA 5417
Property Details for 6-8 Market Sq, Burra
Last Listing description (April 2024)
Welcome to this prime space presenting a fantastic opportunity for investors or entrepreneurs seeking a lucrative venture. Boasting a Medical Centre and Newsagency, this property offers three tenancies with secure lease agreements in place, ensuring a reliable and steady income stream.
Comfort and convenience are paramount, as the property is fully air-conditioned to provide optimal working and shopping environments. With its rear access and off-street parking facilities, tenants and visitors can enjoy hassle-free access and ample parking spaces.
Situated with main street frontage, this property enjoys maximum exposure to both pedestrian and vehicular traffic, enhancing its business potential. The prime location in Burra's bustling hub guarantees a constant flow of potential customers.
Don't miss out on this incredible opportunity to own a sought-after commercial property in the heart of Burra. Act now and secure your place in this bustling business district. Enquire today to arrange a viewing and see the potential that awaits!
Property History for 6-8 Market Sq, Burra, SA 5417
- 22 Jun 2023Listed for Sale $695,000
- 14 Sep 2018Sold for $315,000
- 31 May 2018Listed for Sale $330,000 - $360,000
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0About Burra 5417
The size of Burra is approximately 441.6 square kilometres. There are 28 parks, covering nearly 0.9% of the total area. The population of Burra in 2016 was 1103 people. By 2021 the population was 1112 showing a population growth of 0.8% in the area during that time. The predominant age group in Burra is 60-69 years. Households in Burra are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Burra work in a managers occupation.In 2021, 70.70% of the homes in Burra were owner-occupied compared with 69.00% in 2016.
Burra has 987 properties. Over the last 5 years, Houses in Burra have seen a 66.11% increase in median value, while Units have seen a 64.81% increase. As at 31 May 2026:
- The median value for Houses in Burra is $389,699 while the median value for Units is $275,656.
- Houses have a median rent of $400.
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