OFF MARKET

455 Womma Road
Penfield SA 5121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40840m2
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Property Details for 455 Womma Rd, Penfield

Building Type
Land
Land Size
40840m2
Local Government
Playford
Lot/Plan
A2/F28229

Last Listing description (April 2024)

~ Expressions of Interest closing Monday 20th May @ 5:00pm (unless sold prior) ~

This is a fantastic opportunity to acquire a large 2-hectare (approx. 5 acres) of prime fertile rural land, ideal for crops and potential future developments (subject to consents).

Situated in a commercial farming district only a few minutes' drive to Virginia's town centre, and close to Elizabeth City Centre shopping & amenities, public transport and the Northern Expressway for easy commuting.

This property is located next door to the popular Vietnamese temple - Upeksa Meditation Village. There's a good selection of schools along with many parks and recreational facilities all within easy reach.

The portion of this land on offer comprises:
* 2 hectares (approx. 5 acres)
* 49 broken glass houses
* 10 shade cloth greenhouses
* 16 old plastic greenhouses
* 2 sheds
* Water tank
* Mains water and electricity supply

Create a venture to suit, such as a community centre or warehouse storage facilities (subject to consents) or expand your farming/market garden business ~ currently producing basil and zucchini.

Sited in a very high demand area for locally grown crops, there are options for the new purchasers to continue leasing out the facilities until potential plans are approved or to take over the farm on settlement.

Vendors are retiring and keen to sell, please call Henry Vong on 0423 245 373 to discuss further.

Council: City of Playford
Land Size: 2 hectares (approx. 5 acres)
Zoning: Rural Horticulture.

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Property History for 455 Womma Rd, Penfield, SA 5121

A timeline of how this property has performed in the market
Last Sold
$300,000
14 Sep 2021
  • 04 Mar 2024
    Listed for Sale Not Disclosed
  • 14 Sep 2021
    Sold for $300,000
  • 22 Dec 2018
    Transferred for $100,000
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About Penfield 5121

The size of Penfield is approximately 10.3 square kilometres. The population of Penfield in 2011 was 561 people. By 2016 the population was 806 showing a population growth of 43.7% in the area during that time. The predominant age group in Penfield is 20-29 years. Households in Penfield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penfield work in a managers occupation. In 2011, 84.4% of the homes in Penfield were owner-occupied compared with 82.9% in 2016..

Penfield has 371 properties. Over the last 5 years, Houses in Penfield have seen a 115.26% increase in median value. As at 31 October 2024:

  • The median value for Houses in Penfield is $888,240 while the median value for Units is $507,536.
There are currently 4 properties listed for sale, and no properties listed for rent in Penfield on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Penfield.

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