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124-126 Princes Highway
Nairne SA 5252

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Land area: 3898m2
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Prime Development Opportunity in Nairne

Welcome to 124-126 Princes Highway, Nairne, a unique and expansive 3,898m² parcel of land offering a rare development opportunity in a rapidly growing region. With land division consent already secured for 13 dwellings, this site is poised for immediate investment and development.
Key Features:
Size and Scope: Spanning an impressive 3,898 square meters, this block provides ample space for a variety of development options.
Development Approval: The site comes with land division consent for 13 dwellings, streamlining the development process and reducing lead times.
Prime Location: Positioned on Princes Highway, a major thoroughfare, the property offers excellent accessibility and visibility.
Growing Community: Nairne is a thriving community with increasing demand for residential housing, making this an ideal investment for developers looking to capitalise on the region's growth.
Convenient Amenities: Close to local schools, shops, parks, and public transport, ensuring future residents will have everything they need within reach.
Scenic Surroundings: Nestled in the picturesque Adelaide Hills, the property boasts beautiful surroundings, providing a desirable living environment.
This is an extraordinary chance to invest in a substantial landholding with approved development potential. Whether you're an experienced developer or an investor seeking a lucrative project, 124-126 Princes Highway, Nairne, represents a prime opportunity to create a sought-after residential enclave in one of South Australia's most appealing regions.
Don't miss out on this exceptional development prospect. Contact us today for more information and to arrange a site inspection.

Property Details for 124-126 Princes Hwy, Nairne

Building Type
Land
Land Size
3898m2

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About Nairne 5252

The size of Nairne is approximately 22.3 square kilometres. It has 18 parks covering nearly 2% of total area. The population of Nairne in 2011 was 4,417 people. By 2016 the population was 5,038 showing a population growth of 14.1% in the area during that time. The predominant age group in Nairne is 40-49 years. Households in Nairne are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nairne work in a professional occupation. In 2011, 76.1% of the homes in Nairne were owner-occupied compared with 74% in 2016.

Nairne has 2,600 properties. Over the last 5 years, Houses in Nairne have seen a 85.07% increase in median value, while Units have seen a 75.33% increase. As at 30 September 2024:

  • The median value for Houses in Nairne is $742,218 while the median value for Units is $515,707.
  • Houses have a median rent of $555 while Units have a median rent of $320.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Nairne on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Nairne.

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