1082-1084 North East RoadModbury SA 5092
Property Details for 1082-1084 North East Rd, Modbury
1082-1084 North East Rd, Modbury is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1964. The property has a land size of 1489m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Last Listing description (November 2019)
Best offer by Monday 25th November at 12:00pm unless sold prior
This rare and huge 1,476sqm (approximate) corner block of land is on offer in the Residential Growth Policy Area 11 of Modbury for the astute Investor/Developer/Builder!
Arguably one of the most significant development opportunities to become available within the new R11 Policy Area in the City of Tea Tree Gully. The zone should be enough to get you excited with the potential to redevelop the site with up to ? homes (STCC). It is simply a superb opportunity for the developer, builder or investor to buy today and prosper tomorrow.
Perfectly located and only a 20 minute drive (approximate) to the city via the O'Bahn and only a short walk to all the shopping, Civic Park and entertainment that Tea Tree Plaza has to offer. In close proximity to the Modbury Hospital, restaurants and a variety of childcare, public and private primary and high schools.
Let your imaginations go wild and act fast, this one is truly rare earth!
Inspections strictly by appointment only
CT / Vol 5568 / Fol 538
Building Area / 120 sqm (approx.)
Land Size / 1476sqm (approx.)
Council / City of Tea Tree Gully
Zoning / Residential Growth Policy Area 11
Frontage / 18.4m
Water Rates / $TBA pq (approx.)
Council Rates / $TBA pq (approx.)
Rental Appraisal / $300 per week
Speak to TURNER Property Management about managing this property #expectmore
Property History for 1082-1084 North East Rd, Modbury, SA 5092
- 31 Jan 2020Sold for $652,500
- 28 Oct 2019Listed for Sale $565,000 - $620,000
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0About Modbury 5092
The size of Modbury is approximately 3.3 square kilometres. It has 18 parks covering nearly 16.5% of total area. The population of Modbury in 2011 was 4,924 people. By 2016 the population was 5,233 showing a population growth of 6.3% in the area during that time. The predominant age group in Modbury is 30-39 years. Households in Modbury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Modbury work in a professional occupation. In 2011, 66.2% of the homes in Modbury were owner-occupied compared with 64.9% in 2016.
Modbury has 2,828 properties. Over the last 5 years, Houses in Modbury have seen a 100.47% increase in median value, while Units have seen a 108.22% increase. As at 31 December 2024:
- The median value for Houses in Modbury is $770,628 while the median value for Units is $545,877.
- Houses have a median rent of $590 while Units have a median rent of $540.
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