OFF MARKET

Warrengie Drive
Meningie SA 5264

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8621m2
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Last updated 11 Nov 2024
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Property Details for Lot 50 Warrengie Dr, Meningie

Lot 50 Warrengie Dr, Meningie is a 0 bedroom, 0 bathroom House. The property has a land size of 8621m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Land Size
8621m2
Local Government
Coorong
Lot/Plan
A50/D115290

Last Listing description (January 2024)

Introducing a remarkable development opportunity in the thriving township of Meningie! This vacant land spans an expansive 8,621 square meters, presenting an excellent canvas for your next project. With an approved concept plan in place, featuring 8 generously-sized blocks, this property is primed for residential development (subject to consent).
One of the key advantages of this land is its pristine condition, requiring little to no clearing before construction can begin. This not only saves you valuable time but also minimizes any additional costs associated with land preparation.
Situated in close proximity to the Coorong river, this location offers a picturesque setting that is sure to attract residents and visitors alike. The tranquil surroundings provide a unique opportunity to create a harmonious living environment with easy access to nature.

Meningie itself is an up-and-coming township that presents promising growth prospects. With increasing development and investment, the area is quickly gaining popularity among homebuyers and investors. This represents a golden opportunity to get in early on the transformation of this thriving community.
Don't miss out on this rare chance to shape the future of Meningie. Take advantage of the concept plan, the ample land size, and the proximity to the river to create a desirable residential or commercial development. Act now to secure this prime development opportunity and unlock the potential of this vibrant township. Contact us today for further details and to arrange a site visit.

Things we love:
Sizeable development close to the Coorong
Up and coming township with huge opportunities
Concept plan with 8 sizeable residential allotments
Private Access to proposed properties

Please contact our agents for further information.

Disclaimer:
While every endeavour has been made to ensure the accuracy of the information supplied, neither the vendor nor our company accept any responsibility or liability for any omissions and/or errors. We advise that if you are intending to purchase this property, that you make every necessary independent enquiry, inspection and property searches. This brochure and floor plan, if supplied, are to be used as a guide only.
RLA 263 081

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Property History for Lot 50 Warrengie Dr, Meningie, SA 5264

A timeline of how this property has performed in the market
Last Sold
$205,000
25 Mar 2022
  • 26 Jun 2023
    Listed for Sale Expressions of Interest
  • 25 Mar 2022
    Sold for $205,000
  • 24 Apr 2017
    Transferred

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About Meningie 5264

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:

  • The median value for Houses in Meningie is $408,749 while the median value for Units is $560,212.
  • Houses have a median rent of $275.
There are currently 25 properties listed for sale, and no properties listed for rent in Meningie on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Meningie.

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