OFF MARKET

4 Gertrude Street
Morphett Vale SA 5162

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 732m2
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Property Details for 4 Gertrude St, Morphett Vale

Building Type
Commercial
Year Built
1965
Floor Size
99m2
Land Size
732m2
Local Government
Onkaparinga
Lot/Plan
A121/D6364

Last Listing description (September 2023)

Please call Craig for all your property advice

Introducing an exceptional chance to own not one, but TWO adjacent properties, located on Gertrude Street in highly sought-after Morphett Vale. These remarkable parcels of land, situated at 4 Gertrude Street (730m2) and 6 Gertrude Street (720m2), present an extraordinary development opportunity subject to council consent. Don't miss out on this rare gem that offers endless potential and boundless possibilities!

Property 1: 4 Gertrude Street (730m2)

Strategically positioned in a prime location, 4 Gertrude Street boasts a generous land size of 730m2. Currently tenanted until January 2024, this property provides a steady income stream while you plan your next move. It sets the stage for your grand vision, whether that's creating a residential haven, a commercial complex, or a combination of both! The possibilities are limited only by your imagination and the council's approval.

Property 2: 6 Gertrude Street (720m2)

Adjacent to 4 Gertrude Street, 6 Gertrude Street holds equal promise and potential. With a land size of 720m2, this property is currently tenanted until March 2024. It offers a unique opportunity to generate income while you develop your grand plans. Its close proximity to the neighboring property enhances the allure of this rare find, amplifying the potential for a larger development or a harmonious blend of complementary ventures.

The Power of Proximity

What sets this opportunity apart is the rarity of having two adjacent properties side by side. This unique arrangement opens up a world of endless development opportunities that can truly set you apart from the rest. Combine the two parcels of land, totaling 1,450m2, to create a sprawling residential complex, a vibrant commercial hub, or an innovative mixed-use haven, seamlessly blending the best of both worlds.

Morphett Vale: A Scenic Haven

Nestled in the picturesque suburb of Morphett Vale, these properties offer more than just development potential. Enjoy the serenity and beauty of the surrounding natural landscape, providing a tranquil backdrop for your future endeavors. The area boasts a family-friendly atmosphere, with local amenities, parks, and schools just a stone's throw away, making it an ideal location for any venture. Very conveniently located next door to doctors, very short walk to chemist, Woolworths, Foodland, Dee Dee's Cafe, takeway Adelaide Fruiterers, Morphett Vale Butchers, and many other shops and facilities on South Road.

Seize the Moment!

Don't let this golden opportunity pass you by. With two adjoining properties at 4 Gertrude Street (730m2) and 6 Gertrude Street (720m2), Morphett Vale, you have the chance to create something truly remarkable. Dare to dream, embrace the rarity of this offering, and embark on a development journey that promises a bright and prosperous future. Act now and let your imagination take flight!

Contact us today to discover more about this extraordinary opportunity, including the tenancy details, and to start turning your vision into reality.

Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified. (222182)

Property History for 4 Gertrude St, Morphett Vale, SA 5162

A timeline of how this property has performed in the market
Last Sold
$1,040,000
23 Oct 2023
  • 23 Oct 2023
    Sold for $1,040,000
  • 17 Jun 2023
    Listed for Sale 1040000
  • 15 Jul 2021
    Sold for $330,000
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About Morphett Vale 5162

The size of Morphett Vale is approximately 12.8 square kilometres. It has 48 parks covering nearly 16.5% of total area. The population of Morphett Vale in 2011 was 22,602 people. By 2016 the population was 23,146 showing a population growth of 2.4% in the area during that time. The predominant age group in Morphett Vale is 30-39 years. Households in Morphett Vale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morphett Vale work in a trades occupation. In 2011, 68.7% of the homes in Morphett Vale were owner-occupied compared with 67.7% in 2016.

Morphett Vale has 11,525 properties. Over the last 5 years, Houses in Morphett Vale have seen a 115.32% increase in median value, while Units have seen a 147.12% increase. As at 31 October 2024:

  • The median value for Houses in Morphett Vale is $661,850 while the median value for Units is $554,376.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 42 properties listed for sale, and 21 properties listed for rent in Morphett vale on OnTheHouse. According to CoreLogic's data, 550 properties were sold in the past 12 months in Morphett vale.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.