OFF MARKET

140 Old Murbko Road
Cadell SA 5321

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 111m2
Land area: 18290m2
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Property Details for 140 Old Murbko Rd, Cadell

140 Old Murbko Rd, Cadell is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1985. The property has a land size of 18290m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1985
Floor Size
111m2
Land Size
18290m2
Local Government
Mid Murray
Lot/Plan
A39/D84350

Last Listing description (March 2023)

Not your average Riverfront Holiday home - where do you start!

"Cosy Corner"


Note: '56 Flood was 11.5m at Morgan - this home sits at around 20m - so well above '56.
Inspection by appointment - contact Nigel Christie to arrange a viewing.

Set on beautiful grounds of almost 5 Acres with riverfront access to approx 160m of riverfront.

The riverfront zone is set up with pontoon, irrigated lawns, there's a spot to launch a boat, the vendor parks his houseboat out the front, ski sites.

Not satisfied with only waterskiing - the vendor has been extremely active in creating a lifestyle property based around golfing, entertaining and relaxing.

The main home is a pine log situated well above 56 flood level and designed home with 3 big bedrooms - each with doors direct to the outside, renovated kitchen and bathroom, large lounge leading out to outdoor kitchen with built in bbq & 19th hole (bar) with outlook to the river.
To the side of the home is a 3 hole putput green, tee off point to your driving range and paved fire pit to sit around and spin yarns on cold evenings.
The rear of the home is a heated spa with TV (incase the footy's on) Carport for boats or cars, and shade sail area for other car parking.
And the other side has well maintained lawn and garden.

The grounds have the 2 hole golf driving range, irrigated lawned areas , powered areas ideal for friends vans or camping when they visit.
2 Storage sheds, a big old caravan and annex ripe for renovation for the kids or grandkids.
And an old shack also ideal for renovation.

Well over 50 years ago - the owner at the time was able to set up 5 leases for others to build their shacks - each lease pays a minimal lease of approx $120 per year plus their own council rates - there is currently a conditionally approved subdivision to establish Torrens Titles for 5 leases - please request a copy of the plans of you're interested.
Note: Old shack has the potential to be cut off on its own Freehold Title.

All in all an ideal property for you and your family to enjoy for many years to come - from here it's in your hands to view and make an offer.

Contact Nigel Christie to register your interest.

Property History for 140 Old Murbko Rd, Cadell, SA 5321

A timeline of how this property has performed in the market
Last Sold
$1,020,000
31 Mar 2023
  • 31 Mar 2023
    Sold for $1,020,000
  • 01 Nov 2022
    Listed for Sale $1 - $1.1M
  • 19 May 2011
    Sold for $477,500

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About Cadell 5321

The size of Cadell is approximately 176.1 square kilometres. It has 2 parks covering nearly 3.9% of total area. The population of Cadell in 2011 was 443 people. By 2016 the population was 546 showing a population growth of 23.3% in the area during that time. The predominant age group in Cadell is 50-59 years. Households in Cadell are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Cadell work in a labourer occupation. In 2011, 79.7% of the homes in Cadell were owner-occupied compared with 77.3% in 2016.

Cadell has 376 properties. Over the last 5 years, Houses in Cadell have seen a 94.74% increase in median value. As at 31 October 2024:

  • The median value for Houses in Cadell is $285,068.
There are currently 4 properties listed for sale, and no properties listed for rent in Cadell on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Cadell.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.