Property Details for 107b Main Rd, Mclaren Vale
107b Main Rd, Mclaren Vale is a 2 bedroom, 1 bathroom House with 1 parking spaces.
Last Listing description (September 2020)
OFFERS CLOSE Mon 28 Sep 2020 at 5PM (Unless Sold Prior)
IT'S ON TWO TITLES BEING SOLD AS A WHOLE!!
THE SITE
Located at 107 Main Road, McLaren Vale. This location is very handy to cafes, restaurants, supermarkets and the general amenity of this well known wine town.
The front allotment contains a character red brick office building and the rear allotment has two units. The site is located on Main road opposite the pie shop and it has elevated far reaching views across the Willunga Basin to the Southern Ranges. The office and units are complementary in use with the carpark supporting both facilities, day and night.
OFFICE BUILDING
The office contains four separate offices and supporting amenities, toilet, kitchen, storerooms, sunroom and waiting room. It has been a popular rental position with up to three tenants wanting an office or two and up to $900 rental per week, depending on the mix. Currently there are two tenants using the facilities, one being the owner.
Planning approval has been granted from the Onkaparinga Council to improve amenities to a five office development as it would be easy to develop this site further. We can provide these plans on request.
This represents an opportunity for a multitude of small business to take up space in this progressive McLaren Vale wine district. Tenancy occupancy has been very attractive and consistent over the past years.
RESIDENTIAL TWO UNITS
The two residential units are recently completed and comprise of two bedrooms, living areas, kitchen and dining and outdoor living space. They have nice elevated views across the church site to the Southern ranges beyond. Both units are rented for $300 per week and are very attractive to tenants with a very high occupancy rate since establishment.
The location is quiet, being off the main road and leafy with some old trees and both units are quite private being in an effective cul-de-sac. The units offer a different product to a rental house being low maintenance and this area has little similar stock available, and generally rental properties are in high demand throughout this area.
This really is a rare investment opportunity in this very popular area... INSPECTION IS BY APPOINTMENT ONLY!
Property History for 107b Main Rd, Mclaren Vale, SA 5171
- 27 Aug 2020Listed for Sale Expressions Of Interest
- 15 Feb 2019Listed for Rent $290 / week
- 21 Jan 2016Listed for Rent $280 / week
Recent sales nearby
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About Mclaren Vale 5171
The size of Mclaren Vale is approximately 58.5 square kilometres. It has 14 parks covering nearly 5.3% of total area. The population of Mclaren Vale in 2016 was 3842 people. By 2021 the population was 4061 showing a population growth of 5.7% in the area during that time. The predominant age group in Mclaren Vale is 60-69 years. Households in Mclaren Vale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mclaren Vale work in a professional occupation.In 2021, 76.20% of the homes in Mclaren Vale were owner-occupied compared with 80.40% in 2016.
Mclaren Vale has 2,304 properties. Over the last 5 years, Houses in Mclaren Vale have seen a 88.80% increase in median value, while Units have seen a 73.16% increase. As at 31 January 2026:
- The median value for Houses in Mclaren Vale is $1,012,451 while the median value for Units is $608,754.
- Houses have a median rent of $580.
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