487 Victoria RoadOsborne SA 5017
Property Details for 487 Victoria Rd, Osborne
487 Victoria Rd, Osborne is a 0 bedroom, 0 bathroom House. The property has a land size of 688m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 0 bedroom House sold in Osborne in the last 12 months.
Last Listing description (September 2024)
Welcome to 487-489 Victoria Road, Osborne, an exceptional opportunity for developers and investors alike. Positioned on a generous site area of approximately 1374m, this property presents a prime development prospect with significant potential. Boasting a substantial 21.96 metre approx. frontage along Victoria Road and an additional 41.44 metre approx. frontage via Moldavia Walk, the site offers ample space and accessibility for a range of development configurations.
487 Victoria Road, Osborne | GST is Applicable
489 Victoria Road, Osborne | GST not Applicable
This site is ideally suited for those looking to capitalise on its development potential, with plans already in place for either four detached dwellings or up to five terrace/row dwellings. This versatility provides a unique advantage in a growing market, where demand for residential properties continues to rise. Whether you're considering individual dwellings or a terrace-style development, the expansive hardstand carpark area further enhances the appeal and practicality of this investment.
Key Features:
- Development opportunity with plans for up to four detached dwellings or five terrace/row dwellings
- Expansive site area of approximately 1374m
- 21.96 metre frontage on Victoria Road and 41.44 metre frontage via Moldavia Walk
- Convenient hardstand carpark area
- General Neighbourhood Zone
Osborne is a thriving suburb known for its proximity to amenities, schools and transport links, making it an attractive location for potential homeowners and investors alike. Don't miss out on this rare opportunity to secure your spot in one of Osborne's most sought-after areas.
To place an offer on this property, please complete this Letter of Offer form https://forms.gle/2P3oovTaZZ7VdYjS6
Disclaimer: Neither the Agent nor the Vendor accepts any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and is advised to enquire directly with the agent to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Property History for 487 Victoria Rd, Osborne, SA 5017
- 03 Sep 2024Sold for $1,200,000
- 05 Jul 2024Listed for Sale $1,200,000
- 14 Feb 2023Listed for Sale Contact Agent
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About Osborne 5017
The size of Osborne is approximately 5.1 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Osborne in 2011 was 1,839 people. By 2016 the population was 1,922 showing a population growth of 4.5% in the area during that time. The predominant age group in Osborne is 50-59 years. Households in Osborne are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Osborne work in a trades occupation. In 2011, 64.8% of the homes in Osborne were owner-occupied compared with 62.9% in 2016.
Osborne has 1,057 properties. Over the last 5 years, Houses in Osborne have seen a 99.75% increase in median value, while Units have seen a 112.55% increase. As at 31 October 2024:
- The median value for Houses in Osborne is $764,011 while the median value for Units is $554,670.
- Houses have a median rent of $570.
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