Cadell Valley RoadCadell SA 5321
Property Details for Lot 3 Cadell Valley Rd, Cadell
Lot 3 Cadell Valley Rd, Cadell is a bedroom, bathroom House. The property has a land size of 58310m2. While the property is not currently for sale or for rent, it was last transferred in September 2024.
Last Listing description (October 2024)
Discover a unique investment opportunity with this 5.832-hectare (14.4-acre) property, featuring a fully operational solar farm. Housed within a 2.1-metre-high secure fence, the solar farm covers an area of 2,396 square metres and boasts an impressive 99.85kW capacity, with a whopping 216kWh of storage (equal to 16 Tesla Power Wall 2's).
A 100-amp connection is available from the solar farm, and the current tariff is locked in at 9 cents per kWh until February 2025, ensuring a stable and reliable return on investment.
This property is an ideal investment for those seeking a hands-off opportunity. With minimal maintenance required, the solar farm generates an average return of $1,250 per month, offering consistent income while letting nature work for you. Simply purchase and let the sunshine do the rest!
The property provides more than just financial returns - the remaining land offers endless possibilities. Use the additional space to plant a crop of your choice or transform it into a property for your own use. (it is recommended to contact Mid Murray Council to discuss your plans). Located close to the picturesque river and the charming Cadell township, it's perfect for weekend escapes or even future development.
Vendor is open to selling the land separately and decommission the Solar Farm and sell the plant separately, so the land becomes vacant for you to use as you wish.
Whether you're looking for an investment with immediate returns or a peaceful slice of countryside, this property offers it all. Don't miss this rare opportunity - contact us today to learn more about how you can own a solar farm with income potential and plenty of room to grow.
Property History for Lot 3 Cadell Valley Rd, Cadell, SA 5321
- 01 Oct 2024Listed for Sale $279,000
- 27 Sep 2024Transferred for $30,000
- 02 Nov 2023Transferred
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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 377 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.
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