FOR SALE
$330,000 to $360,000

Proposed Allotment/31 Lindsay Street
Victor Harbor SA 5211

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 274m2
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Residential, Offices or Retail - Your Choice!

Nestled in a prime central location, this block offers an incredible opportunity for those seeking development versatility.
With an impressive 22 metre frontage, the potential for both residential and commercial development is a rare commodity, with a number of construction and development options (STPC). The generous frontage also allows for creative architectural designs whether it be residential or otherwise.
It could become a chic café, a boutique store, consulting rooms or professional offices, the location is ideal for attracting customers and clients. The versatile zoning of the area further enhances its commercial appeal, allowing for an easy transformation to suit your business needs. The strategic positioning allows easy access for foot and vehicle traffic from the central Victor Harbor shopping precinct.
You could develop a mixed-use property, blending residential and business/commercial spaces to create a vibrant and functional environment.
This unique aspect ensures that the property remains a sound investment, adaptable to market trends and personal preferences.

Property Details for Proposed Allotment/31 Lindsay St, Victor Harbor

Building Type
Land
Land Size
274m2

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About Victor Harbor 5211

The size of Victor Harbor is approximately 8.7 square kilometres. It has 32 parks covering nearly 16.5% of total area. The population of Victor Harbor in 2011 was 4,122 people. By 2016 the population was 4,240 showing a population growth of 2.9% in the area during that time. The predominant age group in Victor Harbor is 60-69 years. Households in Victor Harbor are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Victor Harbor work in a trades occupation. In 2011, 62.5% of the homes in Victor Harbor were owner-occupied compared with 60.4% in 2016.

Victor Harbor has 3,641 properties. Over the last 5 years, Houses in Victor Harbor have seen a 84.77% increase in median value, while Units have seen a 103.78% increase. As at 30 November 2024:

  • The median value for Houses in Victor Harbor is $692,305 while the median value for Units is $468,972.
  • Houses have a median rent of $500 while Units have a median rent of $425.
There are currently 24 properties listed for sale, and 3 properties listed for rent in Victor harbor on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Victor harbor.

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Paul Price
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Harcourts South Coast RLA 228117
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