540 Magill Rd, Magill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 400m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Auction Location: On Site.
SOLD AT AUCTION FOR A PREMIUM PRICE- MORE PROPERTIES WANTED! CALL KARINA!
Offered to the market for the first time in 50 years this house is perfectly positioned on a corner block in the sought-after Eastern suburbs of Magill. The property will appeal to buyers looking for a generous allotment to either renovate, demolish and build their dream home or a multiple townhouse development.
On offer is approx 685 sqm approx) site (STCC) with 43m depth approx and 16.3 frontage facing to Magill road, or 43m frontage and 16.3 length facing onto Carey Street.
The house is in original tidy condition with the following unique features,
Innovative design where you have 2 houses in one, this unique design is ideal for the larger families with a floor-plan which could be used in a variety of ways
Large garage/ workshop
Solid brick construction
Tarrazzo bathroom floors
This home is zoned for Norwood/ Morialta High School, Magill Primary School and is close to the University of SA Magill Campus, The Gums Reserve, shops and transport.
Offered for sale by auction (unless sold beforehand), and with what we believe is a reasonable price guide, please make your serious interest known to the agent prior to auction day to avoid possible disappointment.
The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.
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 4,907 properties. Over the last 5 years, Houses in Magill have seen a 78.38% increase in median value, while Units have seen a 65.87% increase. As at 30 November 2024:
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