FOR SALE
Expressions of interest

509 Seven Mile Road
Meningie SA 5264

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 489m2
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Coorong shack - Absolute Coorong waterfront

Shack 74, 509 Seven Mile Road, Meningie.
For sale by expressions of interest. Offered fully furnished walk-in-walk-out, for a turnkey opportunity to immediately start making memories with family and friends.
A rare opportunity to take advantage of the once prohibited extended tenure of the Coorong shacks. New regulations now allow for Coorong shacks to be held on a fully transferable long term lease, rather than be demolished on the passing of the original owner.
THE PROPERTY
Shack 74 sits on a tranquil 489sqm footprint just off the Seven Mile Road; one of the larger sites. It has absolute water bay frontage and access to the Coorong waters. Commanding views across the Coorong lagoon to the golden sandhills of the Younghusband Peninsula. Motor boat or kayak across the Coorong and walk the sandhills to the spectacular Southern Ocean. Enjoy fishing, native bird watching or walking the serene rural settlement of "Noonameena". A place to make memories with family and friends watching sunsets only the Coorong can offer. Witness the ever changing moods of the landscape as the day rolls on. The Coorong is truly a wonderful destination to escape.
A very neat and tidy structure comprising of three bedrooms, the Master is of generous size. Front verandah and rear indoor/outdoor entertaining area with all weather blinds. A central kitchen and adjacent lounge and sitting room (which could be converted to a fourth bedroom). Shower room and separate toilet and vanity. Versatile laundry with direct access from outside for dual use as a mudroom. 6,000L rainwater storage plumbed to the shack. Brand new septic system. Net drying line. Boat ramp. Storage options with two sheds.
The shack comes with all fitting and fixtures (except for some Vendor's minor personal items).
The property has been well maintained with several upgrades including all weather blinds to entertaining area, portable reverse cycle air conditioner, electric 'slow combustion look' heater, insulated roof, electric hot water service and the property has a fresh water bore for watering lawns and washing boats, nets and equipment.
THE LEASE
30 year residual lease.
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Property Details for 509 Seven Mile Rd, Meningie

509 Seven Mile Rd, Meningie is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 489m2. The place is currently for sale with Coorong Realty.

Building Type
House
Land Size
489m2

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About Meningie 5264

The size of Meningie is approximately 375.5 square kilometres. It has 10 parks covering nearly 0.4% of total area. The population of Meningie in 2011 was 1,501 people. By 2016 the population was 1,123 showing a population decline of 25.2% in the area during that time. The predominant age group in Meningie is 60-69 years. Households in Meningie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Meningie work in a managers occupation. In 2011, 65.1% of the homes in Meningie were owner-occupied compared with 67.6% in 2016.

Meningie has 962 properties. Over the last 5 years, Houses in Meningie have seen a 98.42% increase in median value, while Units have seen a 168.92% increase. As at 30 November 2024:

  • The median value for Houses in Meningie is $397,216 while the median value for Units is $540,282.
  • Houses have a median rent of $275.
There are currently 27 properties listed for sale, and no properties listed for rent in Meningie on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Meningie.

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Adam Hurle - RLA 318694
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Coorong Realty
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