SOLD
Sold on 07 Jun 2024 for $560,000

323 Peachey Road
Munno Para SA 5115

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 142m2
Land area: 375m2
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Property Details for 323 Peachey Rd, Munno Para

Building Type
Commercial
Year Built
2023
Floor Size
142m2
Land Size
375m2
Local Government
Playford
Lot/Plan
A2002/D121368

Last Listing description (November 2022)

Investors take note! Secure registered lease to Urban Renewal Authority of South Australia. The home is being utilized as a land sales consulting show room/office. A new residential house built by Distinctive homes in 2021.
Currently leased under a commercial venture at $26,000.00 per annum (exclusive of GST) payable in advance by equal calendar monthly instalments of $2,166.67c (exclusive of GST ) on the 1st day of each month.
Munno Para is a prime new housing development! All new homes surround, walking distance to the local shopping village and public transport with the bus.

The home offers a double garage under the main roof with internal access directly into the home. The garage is currently used as the main display area for land being offered for sale. The garage also comes with a split system air-conditioning unit. The display entry doors in the garage will be replaced at the end of the tenancy with a panel/roller door. There are three bedrooms, the main has a walk-in robe and an ensuite bathroom, bedroom one is positioned at the front of the home, look out over the front garden setting. Bedroom one is being used as a meeting room. Bedrooms two and three can accommodate a double/queen bed each is required. Bedrooms two and three are each used as private offices. Modern kitchen with stainless steel appliances that include hot plates, wall oven and a range-hood. Ample bench and cupboard storage area that includes a pantry cupboard.
Open plan meals dining area TV living - family room. Ceiling height throughout is 2.7 metres, ducted reverse cycle air-conditioning is throughout all main rooms. Ceramic tiled flooring from the entry hallway and passage, through to the kitchen, meals dining area and family room.
The open plan living room is utilized as further office space.
Tiled main bathroom, with second toilet, handrails and toilet suite to accommodate disable. Separate shower alcove and vanity unit. Separate laundry with glazed sliding allowing external access. Security alarm system, instant gas hot water, all new perimeter colour bond fencing, tubular front fencing and established front and rear garden settings.
Alfresco patio, ideal for the family BBQ, outdoor meals and entertaining friends.
Perfect for those who perhaps want a new home to move into in 2026-7, until then receive rent and have the ideal tenants looking after your property.
First home buyers getting into the market.
Investors knowing, they will have the best tenants - trouble free tenants.

Property History for 323 Peachey Rd, Munno Para, SA 5115

A timeline of how this property has performed in the market
Last Sold
$560,000
07 Jun 2024
  • 07 Jun 2024
    Sold for $560,000
  • 09 Nov 2022
    Listed for Sale Contact Agent
  • 24 Dec 2021
    Sold for $139,000

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About Munno Para 5115

The size of Munno Para is approximately 5.1 square kilometres. It has 11 parks covering nearly 15.4% of total area. The population of Munno Para in 2011 was 4,318 people. By 2016 the population was 3,733 showing a population decline of 13.5% in the area during that time. The predominant age group in Munno Para is 20-29 years. Households in Munno Para are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Munno Para work in a community and personal service occupation. In 2011, 56.4% of the homes in Munno Para were owner-occupied compared with 43.4% in 2016.

Munno Para has 3,119 properties. Over the last 5 years, Houses in Munno Para have seen a 135.14% increase in median value, while Units have seen a 107.62% increase. As at 31 October 2024:

  • The median value for Houses in Munno Para is $598,844 while the median value for Units is $487,500.
  • Houses have a median rent of $540 while Units have a median rent of $460.
There are currently 10 properties listed for sale, and 17 properties listed for rent in Munno para on OnTheHouse. According to CoreLogic's data, 285 properties were sold in the past 12 months in Munno para.

Suburb Insights for Munno Para 5115

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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.