1/11 Todd Ave, Murray Bridge is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 966m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
IDEAL INVESTMENT OPPORTUNITY
THE PROPERTY OFFERS 4 UNITS ON ONE TITLE WITH COMFORTABLE ACCOMMODATION AND HAVING A SOUND RENTAL HISTORY. THERE ARE 3 X 1 BEDROOM UNITS UNDER THE ONE ROOF AND A SEPARATE 2 BEDROOM UNIT WITH A SINGLE CAR CARPORT. THE UNITS HAVE BEEN UPGRADED WITH NEW FLOOR AND WALL TILES IN THE BATHROOM, LAUNDRY AND KITCHEN AREA, REVERSE CYCLE AIR CONDITIONERS, ELECTRIC STOVES, HOT WATER SYSTEMS, CARPET AND REPAINTING INTERNALLY. RENT RETURNING SHOWING 8% RETURN ON INVESTMENT PLUS CAPITAL GAIN, MAKING THIS A GREAT INVESTMENT OPPORTUNITY, WITH THE POSSIBILITY OF COMMUNITY SUBDIVISION (SUBJECT TO COUNCIL CONSENT) FOR FURTHER CAPITAL GAIN.
BEST OFFER BY 27 NOVEMBER AT 5PM (UNLESS SOLD BEFORE)
The size of Murray Bridge is approximately 25.4 square kilometres. It has 54 parks covering nearly 8.6% of total area. The population of Murray Bridge in 2011 was 13,891 people. By 2016 the population was 14,563 showing a population growth of 4.8% in the area during that time. The predominant age group in Murray Bridge is 20-29 years. Households in Murray Bridge are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murray Bridge work in a labourer occupation. In 2011, 53.3% of the homes in Murray Bridge were owner-occupied compared with 52.5% in 2016.
Murray Bridge has 8,450 properties. Over the last 5 years, Houses in Murray Bridge have seen a 91.31% increase in median value, while Units have seen a 92.89% increase. As at 31 July 2024:
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