- High profile position with off street parking
- Good secure tenancies
- 3 quality commercial tenants and one residential
The improvements on the site comprise two original retail shops which have been significantly upgraded and modified to create a highly attractive and functional premises disposed as two main street retail/office tenancies, a small retail space fronting the side street and a first floor apartment, along with a number of private outdoor spaces and shared toilet facilities. The building has a total area of 607 square metres* and was fully renovated in 2016. The regular shaped site has a frontage to Murray Street of 22.25 metres* and to First Street of 42.67 metres* and a total site area of 949.40 square metres*.
For an Information Memorandum email admin@homburg.com.au or collect from our Tanunda Office, 88 Murray Street.
The size of Nuriootpa is approximately 40.8 square kilometres. It has 24 parks covering nearly 3.8% of total area. The population of Nuriootpa in 2016 was 6314 people. By 2021 the population was 6901 showing a population growth of 9.3% in the area during that time. The predominant age group in Nuriootpa is 60-69 years. Households in Nuriootpa are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nuriootpa work in a labourer occupation.In 2021, 71.10% of the homes in Nuriootpa were owner-occupied compared with 70.10% in 2016.
Nuriootpa has 4,024 properties. Over the last 5 years, Houses in Nuriootpa have seen a 106.78% increase in median value, while Units have seen a 132.56% increase. As at 31 March 2026:
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