OFF MARKET

253 Adelaide Road
Murray Bridge SA 5253

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 132m2
Land area: 967m2
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Last updated 13 May 2024
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Property Details for 253 Adelaide Rd, Murray Bridge

Building Type
Commercial
Year Built
1993
Floor Size
132m2
Land Size
967m2
Local Government
Murray Bridge
Lot/Plan
A4/D6006

Last Listing description (May 2024)

What a great time to invest in Murray Bridge with Thomas Foods starting in late 2020, the $40Million Bridgeport Hotel / Motel under construction, announcement of the $35Million Monarto Zoo expansion, newly constructed The Bend motor sport park at Tailem Bend up and running and the new state of the art Murray Bridge Race Course and function centre at Gifford Hill an exciting time for the area!

Adelaide Road is the main road leading traffic from the Freeway into Murray Bridge and number 253 has an existing commercial lease in place expiring 2023, with the right of renewal for a further five years.

Land size is approx. 956m2, with all approvals in place with Council for commercial use. The floor plan is designed around an office space, however if could double as a residence. Contact David today for more information 0414 611 273.

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Property History for 253 Adelaide Rd, Murray Bridge, SA 5253

A timeline of how this property has performed in the market
  • 04 Apr 2022
    Listed for Sale $450,000 + GST
  • 19 Jan 2021
    Listed for Sale $450,000 + GST
  • 18 Feb 2020
    Listed for Sale $450,000 + GST

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About 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 8,437 properties. Over the last 5 years, Houses in Murray Bridge have seen a 114.38% increase in median value, while Units have seen a 92.03% increase. As at 31 October 2024:

  • The median value for Houses in Murray Bridge is $449,785 while the median value for Units is $350,787.
  • Houses have a median rent of $440 while Units have a median rent of $330.
There are currently 91 properties listed for sale, and 24 properties listed for rent in Murray bridge on OnTheHouse. According to CoreLogic's data, 482 properties were sold in the past 12 months in Murray bridge.

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