659 Magill RoadMagill SA 5072
Property Details for 659 Magill Rd, Magill
Last Listing description (August 2023)
- 3,010 sqm* site over 4 separate allotments
- 3 street frontages
- Zoned Urban Corridor (Business)
- Offered with vacant possession
McGees Property are proud to be presenting this exciting development opportunity in the tightly held eastern suburb of Magill and gateway to the Adelaide foothills. Offered with vacant possession, there in an opportunity for a developer to either land bank or commence immediately planning their development.
We further highlight the below key features of the site:
- Multiple Titles offering 3,010 sqm* of land over 4 allotments
- Existing facilities of 830 sqm*
- Significant Magill Road exposure on high profile corner site
- Urban Corridor (Business) zoning allowing for flexible development
- Three street frontages (frontages to Vine Street and Nightingale Avenue)
- Offered with vacant possession
- Approx 8 kms to the Adelaide CBD
For Sale by Expressions of Interest closing Wednesday 19 April at 4pm (Adelaide time).
For further details or to arrange an inspection of 659 Magill Road, Magill contact Ross Christodoulou, James Juers or Simon Lambert of McGees Property (RLA 1722).
(* approx. Any outlines are indicative only)
Property History for 659 Magill Rd, Magill, SA 5072
- 17 Aug 2023Sold for $1,956,916
- 10 Mar 2023Listed for Sale Contact Agent
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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 4,907 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:
- The median value for Houses in Magill is $1,180,608 while the median value for Units is $622,141.
- Houses have a median rent of $630 while Units have a median rent of $490.
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