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2 Stuart Street, Melrose$435,000
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For Salehouse

2 Stuart Street

Melrose, SA 5483, Australia
$435,000
4 bed 1 bath2130 m²

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About this property

At the foot of the majestic Mount Remarkable lies Melrose the beating heart of South Australia's adventure tourism scene. A thriving regional hub surrounded by stunning natural landscapes, Melrose draws visitors year-round for its mountain biking, hiking, festivals, and local hospitality. Right in the centre of it all sits this character-filled stone building on a massive 2,130m² allotment, offering unmatched exposure and endless potential. Zoned Tourism Accommodation, the property is ideally positioned among Melrose's popular hotels, cafés, and brewery the perfect setting for a boutique stay, café, studio, or even a remarkable private home.(STCC) The bulk of the groundwork has been done, with 3-phase power and town water connected, a bathroom and two toilets in place, and the inclusion of excess materials such as stones, floorboards, and timber ready for finishing. Some key restoration items remain, leaving the exciting final stages to your vision. The property also features a cellar, rear access, and sits on one of the town's largest allotments. Council rates are approximately $4,500 per annum. Whether you're an entrepreneur ready to create your next venture or a visionary looking to complete a truly unique home in an iconic setting this Melrose opportunity is one not to miss. RLA228106 Property Code: 11819

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Land Area
2130 m²
Listed
3 months ago

Repayment calculator

$2,109/month
$1,054 /fortnight
Loan $348,000 at 6.10% over 30 years

Upfront costs

Deposit$87,000
Stamp duty$18,080
Conveyancing (est.)$2,000
Total upfront$107,080
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melrose

This 4-bedroom house in Melrose, SA 5483 sits within reach of local shops and nearby schools. It is listed 40% above the $310,000 median of 4 comparable houseswithin 5 km.

Schools near Melrose

  • Melrose Primary Schoolprimary · R-6 · CoEd

What's nearby

  • Over the Edge Sports29 m away
  • Paradise Square224 m away
  • Melrose MTB Skills Park332 m away
  • Melrose MTB Skills Park384 m away

Melrose at a glance

Full suburb profile
Population
342
Median age
48
Household income
$1,416/wk
Median rent
$180/wk
Median mortgage
$1,230/mo

Source: ABS Census.

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Price history

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