OFF MARKET

23 Riverdale Road
Myrtle Bank SA 5064

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 111m2
Land area: 1184m2
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Property Details for 23 Riverdale Rd, Myrtle Bank

23 Riverdale Rd, Myrtle Bank is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 1184m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1950
Floor Size
111m2
Land Size
1184m2
Local Government
Unley
Lot/Plan
A113/F15596

Last Listing description (June 2022)

Auction on Friday the 3rd of June at 5 PM (unless sold prior).

The thriving locale set around this ample corner allotment offers it all and then some - with central access to the walking trails of Waite Arboretum, playground and skate rink of Ridge Park, boutiques of Burnside Village along with high-calibre schooling and an easy commute to the CBD.

Surrounded by wide, tree-lined streets filled with breathtaking architecture, this 1,184sqm one-in-million allotment is arguably the best development opportunity available in the premier suburb right now.

Primed to comfortably accommodate a two-dwelling site (STCC) or a generous offering to construct the roaming family home of your dreams, begin with a clean slate and eagerly watch your venture grow from the ground up.

Investors will love the superb investment potential, currently leased periodically for an excellent return of $750.00 per fortnight.

What's the next chapter for this classic mid-century with endless scope? You decide

Even more to love:

- Three bedrooms, two with built-in robes
- Secure garage, carport and shed
- 500m to public transport
- Less than 10-minutes to the CBD
- Zoned for sought-after Glen Osmond Primary & Glenunga International High
- Proximity to other celebrated schooling including Seymour College, Urrbrae Agricultural, Concordia College, Walford Anglican for Girls & Scotch College
- Shopping amenities of Mitcham Village, Unley Shopping Centre, King Williams Road and Burnside all within reach

All of this and so, so much more

Year Built: 1950

Disclaimer: all information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. If this property is to be sold via auction the Vendors Statement may be inspected at Level 1, 67 Anzac Highway, Ashford for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 315571.

Property History for 23 Riverdale Rd, Myrtle Bank, SA 5064

A timeline of how this property has performed in the market
Last Sold
$1,700,000
21 Oct 2022
  • 21 Oct 2022
    Sold for $1,700,000
  • 18 May 2022
    Listed for Sale AUCTION (USP)
  • 11 Sep 2020
    Sold for $1,100,000

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About Myrtle Bank 5064

The size of Myrtle Bank is approximately 1.2 square kilometres. It has 6 parks covering nearly 6.3% of total area. The population of Myrtle Bank in 2011 was 2,939 people. By 2016 the population was 2,875 showing a population decline of 2.2% in the area during that time. The predominant age group in Myrtle Bank is 80-89 years. Households in Myrtle Bank are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Myrtle Bank work in a professional occupation. In 2011, 66% of the homes in Myrtle Bank were owner-occupied compared with 69.9% in 2016.

Myrtle Bank has 1,153 properties. Over the last 5 years, Houses in Myrtle Bank have seen a 80.33% increase in median value, while Units have seen a 60.39% increase. As at 31 October 2024:

  • The median value for Houses in Myrtle Bank is $1,755,061 while the median value for Units is $655,189.
  • Houses have a median rent of $900 while Units have a median rent of $535.
There are currently 2 properties listed for sale, and 1 property listed for rent in Myrtle bank on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Myrtle bank.

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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.