187 Adelaide RoadMurray Bridge SA 5253
Property Details for 187 Adelaide Rd, Murray Bridge
187 Adelaide Rd, Murray Bridge is a 0 bedroom, 0 bathroom House and was built in 1975. The property has a land size of 976m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 0 bedroom House sold in Murray Bridge in the last 12 months.
Last Listing description (November 2023)
Savills is pleased to bring to the market 187 Adelaide Road, Murray Bridge via Expression of Interest. The property on offer presents a prime corner site with access off Adelaide Road and Lincoln Road in the heart of Murray Bridge. Perfect for the first-time investor with plenty of upside and future development opportunities (stcc).
Key Investment Highlights include:
* Flexible 370 square metres* over two-levels
* Corner site with two street frontages to Adelaide Road & Lincoln Road.
* Currently leased to restaurant with an annual income of $28,055.40 plus GST and outgoings.
* Potential to occupy with rental income downstairs.
* Ample on-site parking located at the front and rear of the property.
* Nearby to Bunnings Warehouse, Coles, Aldi, Hungry Jacks, McDonalds and Repco
* Employment zoning by the Rural City of Murray Bridge.
* Rapidly growing Murray Bridge area with population of 21,644 people ABS 2011.
Please contact the exclusive listing agents to book a private inspection.
*approximately
RLA1786
Property History for 187 Adelaide Rd, Murray Bridge, SA 5253
- 21 Feb 2024Sold for $510,000
- 12 May 2023Listed for Sale Contact Agent
- 16 Nov 2021Listed for Sale $595,000
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0About Murray Bridge 5253
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:
- The median value for Houses in Murray Bridge is $420,782 while the median value for Units is $334,806.
- Houses have a median rent of $430 while Units have a median rent of $350.
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