FOR SALE
$195,000

Pelde Road
Punyelroo SA 5353

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 614m2
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Great Value Opportunity for River Living!

• Superb chance to buy a flood damaged shack close to the river for a great price!
• Originally a cosy 2 bed 1 bath 'shack' and set very close to a gorgeous stretch of the Murray River at Punyelroo
• This is a terrific opportunity to purchase a small FREEHOLD block by the river at a great price - the shack does need a lot of work of course but this presents superb value for anyone looking for a value for money weekender 'project'!
• Ripe for a full renovation or rebuilding (STCC) this shack sits on a 614m2 block, with gum trees for shade, BBQ, and with an adjoining crown land allotment allowing plenty of space to relax and enjoy
• The shack itself has been tidied up and is a 'renovate or detonate' property but offers great value for anyone who fancies a bit of work and turning this into a great river weekender or permanent home
• Plenty of added value with a reasonably new large shed (20x30), a small enclosed yard to the rear, 2 further tin sheds and 2 large rainwater tanks also
• Power will need re-connecting and the septic tank will no doubt need a pump-out but the location and potential of this property is so good
• This shack is in an awesome spot with the river literally across the track, and with the boat ramp under 100m away, offering easy and great access to the magnificent Murray!
• Situated just a 10-minute drive from Swan Reach on the Adelaide side of the river with bitumen road nearly all the way, this is a private and small community with little competition for 'space' at the reserve and ramp making it the perfect location for river activities
• A superb project for the right buyer - make this your holiday home by the river!
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Property Details for Lot 78 Pelde Rd, Punyelroo

Lot 78 Pelde Rd, Punyelroo is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 614m2. The place is currently for sale with BH Partners.

Building Type
House
Land Size
614m2

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About Punyelroo 5353

The size of Punyelroo is approximately 7.6 square kilometres. It has 1 park. The population of Punyelroo in 2011 was 228 people. By 2016 the population was 23 showing a population decline of 89.9% in the area during that time. The predominant age group in Punyelroo is 60-69 years. Households in Punyelroo are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Punyelroo work in a managers occupation. In 2011, 81.7% of the homes in Punyelroo were owner-occupied compared with 60% in 2016..

Punyelroo has 92 properties. Over the last 5 years, Houses in Punyelroo have seen a 136.16% increase in median value. As at 31 October 2024:

  • The median value for Houses in Punyelroo is $485,058.
There are currently 4 properties listed for sale, and 1 property listed for rent in Punyelroo on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Punyelroo.

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Peter Wright
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Bodi Stewart
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BH Partners
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