FOR SALE
$995,000

2A Merrilli Place
Port Elliot SA 5212

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 338m2
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RARE EARTH 2 - ICONIC LOCATION

This offering is as rare as "hens teeth" and an absolute once in a lifetime opportunity to purchase a premium, extremely rare, residential allotment with minor improvements sitting at the top end of the ever tightly held historic Port Elliot in the old survey area.
This exclusive level allotment sits high in town, being only a few metres to The Strand with its renowned cafes, speciality shops, hotels, stunning Horseshoe Bay, Green Bay, Boomer Beach and everything the iconic township offers.
Already in place you have a lovely stone outbuilding of 3 rooms with the stonework and brick quoins beautifully restored on the way to a full restoration. There is also a double garage on the allotment.
Build your dream abode and capture coastal ocean views over Knights and Boomer Beach through to the Bluff, Granite Island and Victor Harbor and over Horseshoe Bay and beyond.
All services are available for connection including power, NBN and CMWS and with SA Water already connected.
No encumbrances, easements and no time frame in which to build.
Don't procrastinate with this one or you will miss out.
For more information on this outstanding offering do not hesitate to call Ken Ninnis on 0400 020 495.
Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. South Coast Realty will not accept any responsibility should any details prove to be incomplete or incorrect.

Property Details for 2a Merrilli Pl, Port Elliot

Building Type
Land
Land Size
338m2

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About Port Elliot 5212

The size of Port Elliot is approximately 21.7 square kilometres. It has 13 parks covering nearly 5.3% of total area. The population of Port Elliot in 2011 was 1,966 people. By 2016 the population was 2,101 showing a population growth of 6.9% in the area during that time. The predominant age group in Port Elliot is 70-79 years. Households in Port Elliot are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Elliot work in a professional occupation. In 2011, 66.7% of the homes in Port Elliot were owner-occupied compared with 67.3% in 2016.

Port Elliot has 1,806 properties. Over the last 5 years, Houses in Port Elliot have seen a 77.42% increase in median value, while Units have seen a 88.22% increase. As at 31 July 2024:

  • The median value for Houses in Port Elliot is $758,042 while the median value for Units is $411,381.
  • Houses have a median rent of $490 while Units have a median rent of $1,330.
There are currently 6 properties listed for sale, and 1 property listed for rent in Port elliot on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Port elliot.

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Ken Ninnis
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South Coast Realty RLA 241454
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