7 Fourth StreetMorgan SA 5320
Property Details for 7 Fourth St, Morgan
Last Listing description (July 2024)
Iconic bakery business running for over 50 years
Well established retail and wholesale markets
Freehold Bake House, retail shop & four-bedroom residence
Fully equipped, ready to move in & make some dough
Fabulous tourism & river shack location
Situated on the main street & traveller's thoroughfare
This is an award-winning and established bakery located in the iconic and stunning town of Morgan, which is currently run by a passionate husband & wife team. The hand-craft bakery offers a wide range of cakes, pastries, bread, freshly made sandwiches, coffee, drinks and much more with a broad customer base including established local customers both retail and wholesale alike, plus a steady stream of travellers and holidaymakers.
Marr's Bakery Morgan could be the perfect opportunity for a passionate baker/pastry chef or energetic family to not only take the plunge and be their own boss but an amazing opportunity for beautiful river change. This freehold business premise, establish business and four-bedroom home are all nestled on a generous 1000m2 allotment providing you with the endless potential for growth, is already showing great profits and is currently only being open between 8am to 2.30pm daily. Simply imagine what could be achieved.
The current owners boast over twenty years of running and nurturing this business, and have set their sights on retirement and finally hanging up their apron and baker's hat.
Will you be the next success story?!
RLA - 315295
Property History for 7 Fourth St, Morgan, SA 5320
- 08 Jul 2024Sold for $300,000
- 24 Mar 2024Listed for Sale Contact Agent
- 10 May 2023Listed for Sale Contact Agent
Recent sales nearby
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0About Morgan 5320
The size of Morgan is approximately 172.5 square kilometres. It has 11 parks covering nearly 0.7% of total area. The population of Morgan in 2016 was 489 people. By 2021 the population was 509 showing a population growth of 4.1% in the area during that time. The predominant age group in Morgan is 60-69 years. Households in Morgan are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Morgan work in a labourer occupation.In 2021, 76.80% of the homes in Morgan were owner-occupied compared with 75.40% in 2016.
Morgan has 741 properties. Over the last 5 years, Houses in Morgan have seen a 90.58% increase in median value, while Units have seen a 146.34% increase. As at 30 November 2025:
- The median value for Houses in Morgan is $319,290 while the median value for Units is $383,998.
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