FOR SALE
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243-251 Old South Road
Old Reynella SA 5161

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 24985m2
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Massive Development Site over 4 Titles

Total Land offering: 24,985sqm*
Zoned: General Neighbourhood
An exciting in-fill development opportunity of grand proportions, boasting a total land area of 24,985sqm (approx) distributed over 4 titles. Situated in the Old Reynella Township and amongst new residential homes and estates, the site offers great shopping options and amenities such as the Bus Interchange and easy access to the Southern Expressway.
Old Reynella is a suburb of historical significance. It was one of the South Australian wine industry pioneer townships ~ the local winery being in existence before the town was established and recorded as South Australia's first commercial vineyard ~ and the gateway to the McLaren Vale wine region.
The Allotments on offer:
Lot 51 Land Size: 18,580sqm - 1.858ha (approx)
Lot 57 Land Size: 1,600sqm (approx)
Lot 4 Land Size: 1,600sqm (approx)
Lot 56 Land Size: 3,205sqm (approx)
Please call Pasquale today to chat further on 0409 465 863 or hit “email agent” to get a copy of our I.M.
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Property Details for 243-251 Old South Rd, Old Reynella

Building Type
Commercial
Land Size
24985m2

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About Old Reynella 5161

The size of Old Reynella is approximately 2.2 square kilometres. It has 8 parks covering nearly 9.4% of total area. The population of Old Reynella in 2011 was 3,300 people. By 2016 the population was 3,365 showing a population growth of 2.0% in the area during that time. The predominant age group in Old Reynella is 30-39 years. Households in Old Reynella are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Old Reynella work in a trades occupation. In 2011, 76.9% of the homes in Old Reynella were owner-occupied compared with 71.7% in 2016.

Old Reynella has 1,835 properties. Over the last 5 years, Houses in Old Reynella have seen a 106.28% increase in median value, while Units have seen a 153.03% increase. As at 31 October 2024:

  • The median value for Houses in Old Reynella is $714,873 while the median value for Units is $594,440.
  • Houses have a median rent of $575 while Units have a median rent of $336.
There are currently 3 properties listed for sale, and 1 property listed for rent in Old reynella on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Old reynella.

Suburb Insights for Old Reynella 5161

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Pasquale Mastrangelo
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Nick Mastrangelo
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Mastracorp Real Estate
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.