501 Womma West Rd, Penfield Gardens is a 3 bedroom, 1 bathroom House. The property has a land size of 30300m2.
This is a fantastic opportunity to acquire a large 3.03 hectare portion (approx. 7.5 acres) of prime fertile rural land.
Situated in a commercial farming district only a few minutes drive to Virginia's town centre & a variety of amenities. There are a good selection of schools including Trinity College, along with many parks and recreational facilities all within easy reach.
The portion of this land on offer comprises:
Create or expand your farming/market garden business ~ currently producing cherry tomatoes, Lebanese cucumbers and capsicums etc for wholesale suppliers. The greenhouse business is presently leased out until the end of October 2023.
Situated in a very high demand area for locally grown crops, there are options for the new purchasers to continue leasing out the facilities, or to use the land for their own business ventures.
Vendors are retiring and keen to sell, please call Henry Vong on 0423 245 373 to discuss further.
Council: City of Playford
Council Rates: $1,098.80 per annum
SA Water: $37.10 per quarter + Recycled Water fees
ESL: $106.58 per annum
Land Size: 3.03 hectares (approx.7.5 acres)
Year Built: 1960
Zoning: Rural Horticulture
The size of Penfield Gardens is approximately 15.2 square kilometres. The population of Penfield Gardens in 2011 was 272 people. By 2016 the population was 334 showing a population growth of 22.8% in the area during that time. The predominant age group in Penfield Gardens is 10-19 years. Households in Penfield Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penfield Gardens work in a managers occupation. In 2011, 80.8% of the homes in Penfield Gardens were owner-occupied compared with 76.6% in 2016..
Penfield Gardens has 202 properties. Over the last 5 years, Houses in Penfield Gardens have seen a 101.48% increase in median value. As at 31 October 2024:
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