SOLD
Sold on 09 Jul 2024 for $1,820,000

128 Paech Road
Mount Barker SA 5251

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 151m2
Land area: 83300m2
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Property Details for 128 Paech Rd, Mount Barker

128 Paech Rd, Mount Barker is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1974. The property has a land size of 83300m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Mount Barker in the last 12 months.

Building Type
House
Year Built
1974
Floor Size
151m2
Land Size
83300m2
Local Government
Mount Barker
Lot/Plan
A47/F160024

Last Listing description (June 2024)

*** Strictly No Access to this Allotment Without Agent. This Property is Currently Occupied ***

Unlock the potential of 'The Stables' at 128 Paech Road, Mount Barker - a rare opportunity for discerning investors seeking a strategic land banking venture. Nestled on the corner of two bitumen roads, this property is perfectly situated for future development, subject to Council consent.

Explore the possibilities of sub-dividing this expansive allotment whilst enjoying the existing amenities. Recent developments nearby indicate a growing trend in the area, making this an ideal prospect for savvy investors.

Land Banking Potential: Subdivision approvals have been given right opposite this allotment, and just 2 paddocks away on the same side of the road, indicating a burgeoning transformation. Building is already in progress, showcasing the potential for significant returns on investment.

The property currently features a comfortable 4-bedroom home with a large country kitchen, a spacious open lounge with combustion heater, and a master bedroom with a built-in robe and ensuite. Enjoy the serenity of the countryside without compromising on modern comforts.

Equestrian Facilities: Ideal for horse enthusiasts, the property boasts a barn with stables, cattle yards with a previous cattle license, and a perfect arena site. The lush landscape includes picturesque dams teeming with wildlife, native trees, and gum-studded paddocks.

Don't Miss Out on this Diversified Investment. Seize this opportunity to secure a valuable piece of real estate in a fast growth area. Act now to explore the subdivision potential while enjoying the comforts of country living.

Method of Sale: We are seeking expressions of interest from genuine buyers. Contact us for more information and to discuss a tailored approach to acquiring 128 Paech Road for your investment portfolio.

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Property History for 128 Paech Rd, Mount Barker, SA 5251

A timeline of how this property has performed in the market
Last Sold
$1,820,000
09 Jul 2024
Listed for Rent
$900/w
26 Feb 2020
  • 09 Jul 2024
    Sold for $1,820,000
  • 19 Feb 2024
    Listed for Sale Expressions of Interest
  • 18 Feb 2020
    Listed for Rent $900 / week
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About Mount Barker 5251

The size of Mount Barker is approximately 37.9 square kilometres. It has 37 parks covering nearly 6.9% of total area. The population of Mount Barker in 2011 was 11,808 people. By 2016 the population was 13,836 showing a population growth of 17.2% in the area during that time. The predominant age group in Mount Barker is 0-9 years. Households in Mount Barker are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Barker work in a professional occupation. In 2011, 63% of the homes in Mount Barker were owner-occupied compared with 61.9% in 2016.

Mount Barker has 11,756 properties. Over the last 5 years, Houses in Mount Barker have seen a 73.48% increase in median value, while Units have seen a 100.82% increase. As at 31 October 2024:

  • The median value for Houses in Mount Barker is $734,469 while the median value for Units is $540,476.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 79 properties listed for sale, and 22 properties listed for rent in Mount barker on OnTheHouse. According to CoreLogic's data, 1026 properties were sold in the past 12 months in Mount barker.

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