537 Magill RoadMagill SA 5072
Property Details for 537 Magill Rd, Magill
537 Magill Rd, Magill is a 5 bedroom, 1 bathroom House with 10 parking spaces and was built in 1920. The property has a land size of 1473m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (July 2016)
Presenting an outstanding opportunity, this imposing freestone fronted villa set on a substantial allotment of 1473 square metres (approx) with a very desirable frontage of 24.59 metres (approx) ensures great appeal to business owners, builders, investors and developers in a pivotal locale on a main road with valuable three street frontages.
Zoned as Local Commercial in the City of Campbelltown, this property was leased at $51,555 p.a. and now offers vacant possession.
You will be impressed with the character features including original classic dark timber finishes, open fireplaces, polished timber floors, leadlight and lofty ceilings.
These substantial offices are air conditioned and further additions include three sheds (one expansive shed measuring 14.8 x 12.3). The carport with roller door provides undercover parking and there is off-street parking on this corner site.
Subdivision potential and possible change of existing use (subject to Council approval), this is a rare opportunity and with the advantages of proportion and position, rich rewards seem certain, whatever path is pursued.
Expressions of Interest close Monday 18th April at 4.00pm (unless sold prior)
($950,000 - $1,045,000)
RLA 263953
Please call Mark Bressington on 0411 747 473 or Scott McNeela on 0429 778 107 or 08 8431 6088 for further details. Please ensure to leave a contact phone number if enquiring by email for a quick reply.
Property History for 537 Magill Rd, Magill, SA 5072
- 21 Jun 2016Sold for $1,155,000
- 24 Mar 2016Listed for Sale Exclusive
- 21 Jun 2013Sold for $836,000
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0About Magill 5072
The size of Magill is approximately 3.5 square kilometres. It has 18 parks covering nearly 6.4% of total area. The population of Magill in 2011 was 8,229 people. By 2016 the population was 8,845 showing a population growth of 7.5% in the area during that time. The predominant age group in Magill is 30-39 years. Households in Magill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Magill work in a professional occupation. In 2011, 63.3% of the homes in Magill were owner-occupied compared with 65.1% in 2016.
Magill has 4,876 properties. Over the last 5 years, Houses in Magill have seen a 77.00% increase in median value, while Units have seen a 62.95% increase. As at 31 October 2024:
- The median value for Houses in Magill is $1,172,453 while the median value for Units is $612,156.
- Houses have a median rent of $628 while Units have a median rent of $483.
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