DEVELOPMENT POTENTIAL
LOCATED IN THE SMALL BUT GROWING RURAL VILLAGE OF MENANGLE SITS 16,188SQM (APPROXIMATELY 4 ACRES) OF LAND WHICH IS ZONED RESIDENTIAL R2 AND SUBJECT TO COUNCIL APPROVAL WOULD BE SUITABLE FOR RESIDENTIAL SUBDIVISION. CURRENTLY THERE ARE TWO (2) ADJOINING LOTS, DEVELOP THEM SEPARATELY OR TOGETHER. EACH BLOCK IS 8094SQM (APPROXIMATELY 2 ACRES). BOTH LOTS ARE BASICALLY CLEAR, APART FROM SOME OLDER BUILDINGS ON SITE (SHEDS, HALL, RESIDENCE). MENANGLE HAS A RICH HISTORY AND WHILST RETAINING ITS RURAL CHARACTER, THE TOWNSHIP IS ONLY 8 MINUTES FROM MACARTHUR/CAMPBELLTOWN WITH ITS OWN TRAIN STATION AND IS TO MODERN FACILITIES THAT ALOT OF RESIDENTIAL BUYERS LOOK FOR TODAY. WITH HARDLY ANY RESIDENTIAL BUILDING BLOCKS AVAILABLE IN MENANGLE, I BELIEVE THERE WOULD BE STRONG DEMAND FOR DEVELOPED RESIDENTIAL LOTS. EVEN THOUGH THIS 4 ACRE PARCEL WOULD SUIT RESIDENTIAL DEVELOPMENT, IT WOULD ALSO MAKE AN IDEAL SMALL RURAL HOLDING THAT YOU COULD BUILD YOUR FAMILY HOME ON AND LET YOUR CHILDREN GROW IN A RURAL ENVIRONMENT. YOU CAN THEN SELL IN THE FUTURE AND PROFIT FROM THE SITES POTENTIAL! TO BE SOLD AS ONE PARCEL. FOR FURTHER INFORMATION, PLEASE CONTACT JOHN FERGUSON ON 0414 843 005. TO BE AUCTIONED: ON SITE. 28TH APRIL, 2012 @ 11.00AM ALL INFORMATION CONTAINED HEREIN IS GATHERED FROM SOURCES WE BELIEVE TO BE RELIABLE. WE HAVE NOT VERIFIED WHETHER OR NOT THAT INFORMATION IS ACCURATE AND DO NOT HAVE ANY BELIEF ONE WAY OR THE OTHER IN ITS ACCURACY. WE DO NOT ACCEPT ANY RESPONSIBILITY TO ANY PERSON FOR ITS ACCURACY AND DO NO MORE THAN PASS IT ON. ALL INTERESTED PARTIES SHOULD MAKE AND RELY ON THEIR OWN ENQUIRIES IN ORDER TO DETERMINE WHETHER OR NOT THIS INFORMATION IS IN FACT ACCURATE.
The size of Menangle is approximately 34.4 square kilometres. It has 1 park. The population of Menangle in 2011 was 877 people. By 2016 the population was 1,145 showing a population growth of 30.6% in the area during that time. The predominant age group in Menangle is 70-79 years. Households in Menangle are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Menangle work in a professional occupation. In 2011, 74.4% of the homes in Menangle were owner-occupied compared with 77.7% in 2016.
Menangle has 751 properties. Over the last 5 years, Houses in Menangle have seen a 81.79% increase in median value, while Units have seen a -15.09% decrease. As at 31 October 2024:
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