OFF MARKET

24 Murray Street
Albert Park SA 5014

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2986m2
Land area: 16350m2
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Property Details for 24 Murray St, Albert Park

Building Type
Land
Year Built
1965
Floor Size
2986m2
Land Size
16350m2
Local Government
Charles Sturt
Lot/Plan
A2/F108082

Last Listing description (November 2023)

CBRE is excited to bring to the market 24 Murray Street, Albert Park. The property is a large development site situated on 16,010sqm of in a location that has easy access to the CBD and local amenities in the western suburbs. Benefitting for zoning changes in the area, the site allows the prospect of developing substantial residential infill site in an area that has key infrastructure to support.

The investment features include:


Land holding of 16,010sqm*
Zoned Housing Diversity Neighbourhood
Existing Warehouse with short term monthly holding income
14 existing allotments across five Certificates of Title
10km from CBD with close proximity to several major roads including Port Road
In close proximity to several main arterial roads including Port Road, Old Port Road, South Road & Tapleys Hill Road
A well serviced location with walking distance to the Albert Park train station and only a 5 minute drive to West Lakes retail precinct.
No stamp duty applicable on the sale


This property is For Sale via Expressions of Interest closing Thursday the 30th of March at 4:00pm 2023.

Please contact the sole exclusive marketing agents with any other questions:
Anthony De Palma: +61 423 568 771
Harry Einarson: +61 421 747 442

*Approx

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Property History for 24 Murray St, Albert Park, SA 5014

A timeline of how this property has performed in the market
Last Sold
$3,200,000
12 May 2009
Listed for Rent
$1.82k/w
30 Jul 2015
  • 02 Mar 2023
    Listed for Sale Contact Agent
  • 05 May 2015
    Listed for Rent - Price not available
  • 18 Nov 2014
    Listed for Rent $130,000 / year
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About Albert Park 5014

The size of Albert Park is approximately 0.9 square kilometres. It has 1 park. The population of Albert Park in 2011 was 1,475 people. By 2016 the population was 1,727 showing a population growth of 17.1% in the area during that time. The predominant age group in Albert Park is 50-59 years. Households in Albert Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albert Park work in a clerical occupation. In 2011, 66.3% of the homes in Albert Park were owner-occupied compared with 65.8% in 2016.

Albert Park has 915 properties. Over the last 5 years, Houses in Albert Park have seen a 97.31% increase in median value, while Units have seen a 114.87% increase. As at 30 September 2024:

  • The median value for Houses in Albert Park is $816,668 while the median value for Units is $569,369.
  • Houses have a median rent of $555 while Units have a median rent of $255.
There are currently 1 property listed for sale, and 4 properties listed for rent in Albert park on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Albert park.

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