SOLD
Sold on 10 Jan 2024 for $330,000

17 Railway Terrace
Morgan SA 5320

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Land area: 660m2
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Property Details for 17 Railway Tce, Morgan

Building Type
Commercial
Land Size
660m2
Local Government
Mid Murray
Lot/Plan
A2/F156277

Last Listing description (January 2024)

Discover a property that beckons with both a promising investment opportunity and an idyllic riverfront lifestyle in a beautiful country town. The expansive veranda offers captivating views of the river, setting the stage for a property that combines investment potential with the joys of riverside living.

Featuring two kitchens, this property presents a unique blend of residential comfort and commercial potential. A residential kitchen caters to daily living needs, while a fully equipped commercial kitchen stands ready to fuel your entrepreneurial dreams.

With two spacious bedrooms and additional living space overlooking the river, this property accommodates a family or guests in style. A well-appointed bathroom with a separate toilet and an outside toilet ensures convenience and privacy.

Cosy up to the fireplace and create cherished memories in a warm and inviting atmosphere during cool evenings. Practical features like shedding and evaporative cooling add to the functionality and comfort of the property year-round.

Located in proximity to a reputable local pharmacy and a popular local pub, this property offers both convenience and entertainment options. Golf enthusiasts will relish the nearby golf course, offering leisurely pursuits just moments away.

Immerse yourself in the breathtaking river views that grace this property, enhancing your living experience and providing a serene backdrop for your daily life. This is not just a property; it's an invitation to invest in a future brimming with potential and to live a life filled with the tranquillity and beauty of riverfront living.

Seize this exceptional opportunity to embrace a lifestyle that seamlessly blends investment prospects with the serene pleasures of riverside living.

Call Ross Whiston on 0418 643 770 or Michael Steadman on 0411 292 379 to register your interest today!

ADDITIONALLY:

Easement: No
Land Size: 660m2 approximately
Local Government: MID MURRAY
GN - T - Township

The safety of our clients, staff and the community is extremely important to us, so we have implemented strict hygiene policies at all of our properties. We welcome your enquiry and look forward to hearing from you.

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Property History for 17 Railway Tce, Morgan, SA 5320

A timeline of how this property has performed in the market
Last Sold
$330,000
10 Jan 2024
  • 10 Jan 2024
    Sold for $330,000
  • 10 Oct 2023
    Listed for Sale $399,000
  • 18 Mar 2023
    Listed for Sale Open to Offers
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About Morgan 5320

The size of Morgan is approximately 172.5 square kilometres. It has 11 parks covering nearly 0.7% of total area. The population of Morgan in 2011 was 611 people. By 2016 the population was 483 showing a population decline of 20.9% in the area during that time. The predominant age group in Morgan is 60-69 years. Households in Morgan are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Morgan work in a labourer occupation. In 2011, 76.9% of the homes in Morgan were owner-occupied compared with 75.4% in 2016.

Morgan has 745 properties. Over the last 5 years, Houses in Morgan have seen a 99.63% increase in median value, while Units have seen a -29.85% decrease. As at 31 October 2024:

  • The median value for Houses in Morgan is $243,718 while the median value for Units is $509,289.
There are currently 3 properties listed for sale, and no properties listed for rent in Morgan on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Morgan.

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