39-41 Bridge StreetMurray Bridge SA 5253
Property Details for 39-41 Bridge St, Murray Bridge
Last Listing description (July 2023)
A once in a generation opportunity has arisen with the potential to purchase this property, held in the same family for over approximately 100 years and now available for the next owner occupier or investor, or both. With 3 well established and long-term tenants in place, offering a return of $3747 per month or $44,964 per annum plus outgoings, the logic to buy for a handsome return has never been more evident. Right in the heart of town with major exposure, walking distance to all of the town's main amenities and a it stands as an iconic property of the township. Opportunity knocks only occasionally, and this is a commercial chance in Murray Bridge, with all of the recent and expected growth, it could be one not to miss. Thomas Foods, Bridgeport Hotel, Monarto Zoo, Murray Bridge Racing at Gifford Hill, investment locally seems endless at the moment. Call today for that all important inspection.
Property History for 39-41 Bridge St, Murray Bridge, SA 5253
- 14 Jul 2023Sold for $560,000
- 23 Feb 2023Listed for Sale Expressions of Interest
- 18 Jul 2022Listed for Sale Expressions Of Interest
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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 8,439 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.
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