FOR SALE
$2,100,000 - $2,310,000

5 Mcbeath Street
Hectorville SA 5073

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1350m2
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For the savvy investor

The Phone Code for this property is: 22240. Please quote this number when phoning or texting.
Located on a quiet no-through road in the desirable area of Hectorville in the prestigious Eastern Suburbs surrounded by the likes of Magill, Tranmere, Firle, Glynde, Rostrevor and Felixstow.
This property will continue to grow in value over the coming years with strong recent sales and development in the surrounding suburbs for land and properties.
Less than 10 kilometres from the CBD with local shops, public transport access and great private and public schooling options all within close proximity.
A very unique opportunity to purchase a large real estate portfolio which comprises of approximately 1350sqm of land which includes 3 established 2 bedroom units with recent modern upgrades, 3 carports, 3 lock up garages and 6 off street parking spots all available, accommodating up to 12 vehicles.
Endless development opportunities are on offer with pre approval from local council for further land subdivision granted, or demolish the existing dwellings and develop the land yourself.
All 3 units are conjoined, allowing a growing family to combine the properties to create a large open living area and convert the entire property to a 6 bedroom, 3 bathroom dwelling, the choice is yours.
Endless options available. These units are self managed and do not hold any Strata fees.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property Details for 5 Mcbeath St, Hectorville

Building Type
Land
Land Size
1350m2

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About Hectorville 5073

The size of Hectorville is approximately 1.4 square kilometres. It has 5 parks covering nearly 2.2% of total area. The population of Hectorville in 2011 was 3,610 people. By 2016 the population was 3,731 showing a population growth of 3.4% in the area during that time. The predominant age group in Hectorville is 30-39 years. Households in Hectorville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hectorville work in a professional occupation. In 2011, 59.8% of the homes in Hectorville were owner-occupied compared with 59% in 2016.

Hectorville has 2,363 properties. Over the last 5 years, Houses in Hectorville have seen a 76.55% increase in median value, while Units have seen a 72.98% increase. As at 30 November 2024:

  • The median value for Houses in Hectorville is $1,039,319 while the median value for Units is $537,703.
  • Houses have a median rent of $605 while Units have a median rent of $500.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Hectorville on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Hectorville.

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For Sale By Owner (SA) (RLA251994)
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