OFF MARKET

76 Pennys Road
Mclaren Flat SA 5171

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 39300m2
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Property Details for 76 Pennys Rd, Mclaren Flat

Building Type
Rural
Land Size
39300m2
Local Government
Onkaparinga
Lot/Plan
A21/F153307

Last Listing description (June 2022)

Best Offers Sought $1.5 - $1.6M (see video for detailed tour)

Approx $95,000 clear from leasing + approx $20k vineyard income giving around 7.5% return.

Well located only 5 minutes drive from the heart of McLaren Vale and consisting the following.

* 4 Acres (appr) Dry Grown Grenache returning good returns via Grape Sales to local wine makers. (higher yields available to bottle your own vintage)

* 2 climate controlled Poultry Barns

* 3 Bedroom home set in glorious gardens - rent out for strong rental agreement.

* Outstanding Elevated site in rear corner with views over Mclaren Vale wine region spying on the D'Arenberg Cube, and multiple other major wineries, cellar doors and distillers. Ideal site for New home, tourism retreats, or cellar door (all stc).

For full copy of Information Memorandum - arrange an inspection - please contact Nigel Christie.

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Property History for 76 Pennys Rd, Mclaren Flat, SA 5171

A timeline of how this property has performed in the market
Last Sold
$481,000
09 Oct 1996
  • 28 Feb 2021
    Listed for Sale $1,500,000 - $1,600,000
  • 09 Oct 1996
    Sold for $481,000

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About Mclaren Flat 5171

The size of Mclaren Flat is approximately 27.9 square kilometres. It has 4 parks covering nearly 0.3% of total area. The population of Mclaren Flat in 2011 was 1,310 people. By 2016 the population was 1,511 showing a population growth of 15.3% in the area during that time. The predominant age group in Mclaren Flat is 40-49 years. Households in Mclaren Flat are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mclaren Flat work in a professional occupation. In 2011, 84.3% of the homes in Mclaren Flat were owner-occupied compared with 84.6% in 2016.

Mclaren Flat has 733 properties. Over the last 5 years, Houses in Mclaren Flat have seen a 88.53% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mclaren Flat is $989,462 while the median value for Units is $610,317.
  • Houses have a median rent of $420.
There are currently 3 properties listed for sale, and no properties listed for rent in Mclaren flat on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Mclaren flat.

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