26 Murray StreetNuriootpa SA 5355
Property Details for 26 Murray St, Nuriootpa
Last Listing description (September 2019)
Recently leased to ASX listed Westpac (trading as BankSA) this is a chance to purchase a secure leased investment in the heart of the Nuriootpa Township, which is the major commercial centre inside the Barossa Valley. With over 18m* of prime frontage on the main retail and commercial street, this property gives investors a long-term strategic land banking opportunity as well as a fantastic current investment. The new lease commenced October 2018 on a 3-year term with two additional 3-year options, providing the purchaser with comfort in the investment. Currently the property is returning an attractive $95,402 pa* with annual CPI increases and the tenant pays all outgoings including land tax, meaning this is truly an investment to sit and forget.
- New 3-year lease to ASX listed tenant
- 366sqm of well-maintained office space
- Significant main street site of 719sqm*
- Secure rear car parking for 7* vehicles
- Zoned District Town Centre inside The Barossa Council
- Located in the centre of the regional town of Nuriootpa
For Sale by public onsite Auction on Thursday 12th of September at 11:00am
For further information please contact exclusive marketing agents CBRE:
Ned Looker - 0448 689 573
Rhyce Scott - 0422 960 585
Harry Einarson 0421 747 442
RLA 208125 *approximately
Property History for 26 Murray St, Nuriootpa, SA 5355
- 11 Nov 2019Sold for $1,250,000
- 15 Aug 2019Listed for Sale Contact Agent
- 23 Oct 2003Sold for $1,005,000
Recent sales nearby
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About Nuriootpa 5355
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 3,987 properties. Over the last 5 years, Houses in Nuriootpa have seen a 102.67% increase in median value, while Units have seen a 106.66% increase. As at 31 December 2025:
- The median value for Houses in Nuriootpa is $723,947 while the median value for Units is $536,709.
- Houses have a median rent of $580 while Units have a median rent of $340.
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