This is a fantastic unique opportunity to acquire a large 1,783sqm allotment on the main road in the heart of beautiful Coromandel Valley. The property is zoned Residential Hills and presents excellent potential as an investment property (STC)!
The property has been occupied by local business icon (West Auto Repairs and Perforance Centre) for around 22 years, and the predecessor auto repair business for years before then. The excellent business is also available for purchase as a going concern and for a most reasonable price.
The property has an approved current use as a mechanic & service workshop. The current improvements on the property is a 350sqm workshop complex that consists of a workshop, wash bay, mezzanine storage, reception, office, lunchroom and toilet. Importantly, there is plenty of on-site parking. As a responsible citizen for the environment the owners are very proud of their EPA-approved trade waste oil/water separator system, and a recently completed good environmental report with soil test results is also available. The property is on a public transport route and only 5 minutes by road from Blackwood and around 30 minutes from the Adelaide CBD.
The size of Coromandel Valley is approximately 4.3 square kilometres. It has 18 parks covering nearly 7.9% of total area. The population of Coromandel Valley in 2016 was 4201 people. By 2021 the population was 4380 showing a population growth of 4.3% in the area during that time. The predominant age group in Coromandel Valley is 40-49 years. Households in Coromandel Valley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coromandel Valley work in a professional occupation.In 2021, 92.00% of the homes in Coromandel Valley were owner-occupied compared with 90.50% in 2016.
Coromandel Valley has 1,734 properties. Over the last 5 years, Houses in Coromandel Valley have seen a 88.54% increase in median value, while Units have seen a 68.18% increase. As at 31 December 2025:
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