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515 Magill Road
Tranmere SA 5073

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 935.1789m2
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Corner Allotment Urban Corridor (Main Street) Zoning

Generous 935 sqm Land Holding with Urban Corridor Zoning: Your Opportunity to Develop in Tranmere
One Point Eight Real Estate proudly presents an unparalleled opportunity to acquire a prime development site at 515 Magill Road, Tranmere. This exclusive property is available through an Expressions of Interest Campaign closing on Wednesday, 11th September 2024, at 4:00 p.m.
Imagine owning a substantial corner property in the prestigious suburb of Tranmere, where future development potential is not just a possibility but a promise. This rare 935 sqm land holding is perfectly positioned on Magill Road, surrounded by thriving commercial properties and situated in one of Adelaide's most desirable locations.
Why This Property Is Perfect for You:
• Unmatched Development Potential: With Urban Corridor (Main Street) zoning, this site offers endless possibilities for future development, including the potential for multiple storeys (STCC).
• Prime Corner Allotment: The property's significant frontages make it an ideal choice for a variety of development projects.
• Thriving Location: Situated in Tranmere, a blue-chip suburb known for its vibrant community and dynamic commercial landscape, this site is just moments from the bustling Adelaide CBD.
• Proximity to Key Amenities: Surrounded by essential amenities and notable landmarks, this property is perfectly positioned to attract future tenants or buyers.
• Invest in the Future: Whether you're a developer, land banker, or savvy investor, this site offers a unique opportunity to capitalize on the growing demand in one of Adelaide's most sought-after areas.
Don't miss out on this exceptional opportunity to secure a prime development site in Tranmere. Act now and position yourself for success in one of Adelaide's most vibrant and promising locations.
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Property Details for 515 Magill Rd, Tranmere

515 Magill Rd, Tranmere is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 935.1789m2. The place is currently for sale with One Point Eight Real Estate.

Building Type
House
Land Size
935.1789m2

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About Tranmere 5073

The size of Tranmere is approximately 1.5 square kilometres. It has 5 parks covering nearly 7.7% of total area. The population of Tranmere in 2011 was 3,615 people. By 2016 the population was 3,751 showing a population growth of 3.8% in the area during that time. The predominant age group in Tranmere is 40-49 years. Households in Tranmere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tranmere work in a professional occupation. In 2011, 67.2% of the homes in Tranmere were owner-occupied compared with 69% in 2016.

Tranmere has 2,085 properties. Over the last 5 years, Houses in Tranmere have seen a 71.10% increase in median value, while Units have seen a 59.75% increase. As at 30 September 2024:

  • The median value for Houses in Tranmere is $1,159,149 while the median value for Units is $571,098.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Tranmere on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Tranmere.

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Michael Gleeson
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