FOR SALE
Auction | In Room 21st Jan 2025

Lot 200 Old Port Wakefield Road
Virginia SA 5120

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3ha
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Tue 21 Jan 6:00 pm
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Golden Opportunity - Multi-Purpose Land

Ray White is proud to present Lot 200 Old Port Wakefield Road Virginia.
THE LOCATION:
This expansive property is minutes away from Virginia and Riverlea Estates, with quick access to local schools, parks, and shopping centres, and only a 38-minute drive to the Adelaide CBD via Port Wakefield Road.
FEATURES
This rare and exceptional investment opportunity spans approximately 2.61 hectares of vacant land, primarily covered with vineyards. It offers substantial potential for large-scale development, boasting a 286.2-meter frontage across two allotments. Residentially Zoned, the site is strategically positioned for future development, including potential residential subdivision (STCA). This is a prime opportunity for developers or investors looking to capitalise on future growth in this highly desirable area.
• Zone - Rural Residential
• 46.27 Metre Approx. Total Frontage
• 2.61 Hectares Approx. Total Lot Size
• Ideal Location in the Heart of Virginia, Just 38 mins from Adelaide CBD
Offering immense future potential (STCA), this property presents a remarkable investment opportunity for the right buyer. For all expressions of interest, please contact James Aubert.
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Property Details for Lot 200 Old Port Wakefield Rd, Virginia

Building Type
Land
Land Size
3ha

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About Virginia 5120

The size of Virginia is approximately 29.3 square kilometres. It has 5 parks covering nearly 1.2% of total area. The population of Virginia in 2011 was 1,747 people. By 2016 the population was 1,789 showing a population growth of 2.4% in the area during that time. The predominant age group in Virginia is 40-49 years. Households in Virginia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Virginia work in a managers occupation. In 2011, 82.7% of the homes in Virginia were owner-occupied compared with 81.3% in 2016.

Virginia has 2,264 properties. Over the last 5 years, Houses in Virginia have seen a 66.81% increase in median value. As at 30 November 2024:

  • The median value for Houses in Virginia is $884,169 while the median value for Units is $709,138.
  • Houses have a median rent of $623.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Virginia on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Virginia.

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James Aubert
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Ray White Salisbury
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