OFF MARKET

154 Bridge Road
Pooraka SA 5095

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 165m2
Land area: 693m2
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Last updated 11 Nov 2024
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Property Details for 154 Bridge Rd, Pooraka

154 Bridge Rd, Pooraka is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1960. The property has a land size of 693m2 and floor size of 165m2.

Building Type
House
Year Built
1960
Floor Size
165m2
Land Size
693m2
Local Government
Salisbury
Lot/Plan
A153/D6793

Last Listing description (September 2020)

How often do you find an opportunity as unique as this? Scheduled to be auctioned on Saturday the 5th of September (Unless sold prior), this property is set on a massive corner block of approx 1381 sqm (2 titles amalgamated into 1) with frontages of approx 35m and 33 mts on either side.

This amazing solid double brick, 4 bedroom 2 bathroom home was built in 1968 by the owner himself, and has been held in the family for the last 50 years.


Set on the corner of bridge road, some of the many exceptional features of this property are detailed below:

- 4 bedrooms with 2 bathrooms
- Triple garage
- Ducted reverse cycle air conditioning throughout
- Huge laundry
- Roller shutters all around the house
- Massive gardens at the back and the side of the home which is a whole big block and has been amalgamated into the original property, meaning only 1 lot of rates, water, etc
- Fruit trees, cellar, plus lush gardens

This property comprises of two titles which have been amalgamated into one big chunk of 1381 sqms and offers an immense potential to the astute buyer/developer or investor.

A few options that you might have with the property are as follows:
- Rent the existing house out and hold it as an investment for future development.
- Subdivide the amalgamated block (approx. 693 sqm)**** while keeping the existing 4 bedroom property. (STCC)
- Redevelop the whole site with potential to build multiple homes (STCC)

This property is located just 15 minutes away from the CBD, 10 minutes from the Uni SA Mawson Lakes campus and 5 minutes from the Ingle Farm shopping centre. The above mentioned points cover only just a bit of the potential that this property has to offer, and you must visit it to see value in the whole offering. Nothing similar to this property has come on the market in recent years in Pooraka and this one definitely won't last long!

Hustle up and call your local real estate agent Sam Doman and Mohit Gupta of Ray White Tea Tree Gully with all your questions.
See you at the next open!

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Property History for 154 Bridge Rd, Pooraka, SA 5095

A timeline of how this property has performed in the market
  • 08 Aug 2020
    Listed for Sale AUCTION on site (USP)

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About Pooraka 5095

The size of Pooraka is approximately 5.4 square kilometres. It has 18 parks covering nearly 13.8% of total area. The population of Pooraka in 2011 was 7,059 people. By 2016 the population was 7,242 showing a population growth of 2.6% in the area during that time. The predominant age group in Pooraka is 30-39 years. Households in Pooraka are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pooraka work in a trades occupation. In 2011, 68.5% of the homes in Pooraka were owner-occupied compared with 67.7% in 2016.

Pooraka has 3,687 properties. Over the last 5 years, Houses in Pooraka have seen a 107.05% increase in median value, while Units have seen a 106.50% increase. As at 31 October 2024:

  • The median value for Houses in Pooraka is $732,161 while the median value for Units is $522,314.
  • Houses have a median rent of $550 while Units have a median rent of $325.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Pooraka on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Pooraka.

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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.