OFF MARKET

Richard Street
Penrice SA 5353

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 99700m2
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Property Details for Lot 378 Richard St, Penrice

Building Type
Rural
Land Size
99700m2
Local Government
Barossa
Lot/Plan
A378/F172639

Last Listing description (May 2018)

**New Price**
Are you looking for a parcel of land that boasts one of the most spectacular views of the valley floor, then this could be the perfect property for you......
With 360 degree views for as far as the eye can see and offering a sizable 24.64 acres, this is a property that will not disappoint.

Located within the township of Penrice and just minutes from the main street of Angaston with its 7 day supermarket, bike track, Cafes, restaurants, schools, cheese shop and retail shops you will fall in love with this vibrant local community.
Dual zoning on this allotment can also be advantageous whether you are wanting to build your dream home (STCC) or if you are wanting to run and expand your current business from home the mining/primary production zoning could be a real advantage for the usage of this land. Planting vineyards also gives you another option of how to further utilise this allotment.
Subdivision (STCC) is a further option for this land with several access points allowing you to enter the land depending on your choice of usage. This could be a real advantage.
For further details or to arrange your inspection to view this property contact Sara La Nauze on 0407 775 951 or 8564 3884.
All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.

Property History for Lot 378 Richard St, Penrice, SA 5353

A timeline of how this property has performed in the market
Last Sold
$33,000
29 Jun 2001
  • 03 Aug 2017
    Listed for Sale $375,000
  • 29 Jun 2001
    Sold for $33,000

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About Penrice 5353

The size of Penrice is approximately 19.1 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Penrice in 2011 was 338 people. By 2016 the population was 455 showing a population growth of 34.6% in the area during that time. The predominant age group in Penrice is 50-59 years. Households in Penrice are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Penrice work in a labourer occupation. In 2011, 83.2% of the homes in Penrice were owner-occupied compared with 84.3% in 2016.

Penrice has 280 properties. Over the last 5 years, Houses in Penrice have seen a 98.56% increase in median value, while Units have seen a 554.00% increase. As at 31 October 2024:

  • The median value for Houses in Penrice is $780,227 while the median value for Units is $393,244.
  • Houses have a median rent of $340.
There are currently 4 properties listed for sale, and no properties listed for rent in Penrice on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Penrice.

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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.