Exposure to the main road is always a plus for a commercial property but this one has actually got frontage to Princes Highway, Matson and Bonney Streets, which increases exposure and makes it very accessible. The property also comprises of two allotments 51 and 52. Even if you used the properties separately they still have at least dual frontage. Allotment 51 is 841m2 and has a nice 19.04m wide frontage to Princes Hwy and still has a 5.02m wide frontage to Matson St which would be ideal for a driveway to gain rear access. Allotment 52 boasts nearly a acre or 2017m2 area being ideal for a multitude of purposes.
The size of Meningie is approximately 375.5 square kilometres. It has 10 parks covering nearly 0.4% of total area. The population of Meningie in 2011 was 1,501 people. By 2016 the population was 1,123 showing a population decline of 25.2% in the area during that time. The predominant age group in Meningie is 60-69 years. Households in Meningie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Meningie work in a managers occupation. In 2011, 65.1% of the homes in Meningie were owner-occupied compared with 67.6% in 2016.
Meningie has 963 properties. Over the last 5 years, Houses in Meningie have seen a 111.16% increase in median value, while Units have seen a 175.52% increase. As at 31 October 2024:
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