OFF MARKET

222 Morris Road
Lipson SA 5607

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 471702m2
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Property Details for 222 Morris Rd, Lipson

Building Type
Rural
Land Size
471702m2
Local Government
Tumby Bay

Last Listing description (February 2017)

Located on the edge of Lipson and less than 500m to Lincoln highway is this great opportunity to secure approximately 116 acres (47 ha) to add to an existing enterprise.
The property comprises two titles and a massive 13 sections in total allowing for future subdivision into lifestyle lots (STCC) when the market is right for this.
With good arable land in this area becoming harder to find, this lot is sure to have many admirers.

Previous cropping history has been very sound with this year no exception. The fencing is all in good condition and stock proof with cyclone and single barb on top with predominantly steel post and some timber.
The current lease expires on the 30th of February 2017 but the leasee is prepared to release the property earlier to coincide with an earlier settlement for the successful purchasers.
Expressions of Interest have been called closing at 5:00pm on the 12th of December 2016. All EOI forms and inspections are available by calling David McPharlin of Elders Real Estate Tumby Bay on 0408 917 945.

Property History for 222 Morris Rd, Lipson, SA 5607

A timeline of how this property has performed in the market
  • 10 Nov 2016
    Listed for Sale EOI Closing 12/12/16

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About Lipson 5607

The size of Lipson is approximately 271.6 square kilometres. The population of Lipson in 2011 was 315 people. By 2016 the population was 217 showing a population decline of 31.1% in the area during that time. The predominant age group in Lipson is 50-59 years. Households in Lipson are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lipson work in a managers occupation. In 2011, 74.4% of the homes in Lipson were owner-occupied compared with 79.2% in 2016..

Lipson has 272 properties. Over the last 5 years, Houses in Lipson have seen a 73.48% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lipson is $468,130.
There are currently 3 properties listed for sale, and no properties listed for rent in Lipson on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Lipson.

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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.