OFF MARKET

11 Peake Terrace
Port Neill SA 5604

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 700m2
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Property Details for 11 Peake Tce, Port Neill

Building Type
Land
Land Size
700m2
Local Government
Tumby Bay
Lot/Plan
A12/D79990

Last Listing description (April 2021)

Vacant corner allotment (Peake Tce & Sholl St), comprising some 700m2 situated in the best location you could find! Prime front street position with jaw-dropping ocean views, providing fantastic opportunity. Directly opposite the beach, hotel, bowls club, park, jetty & only 600 metres to the boat ramp. A dream come true.

The value in this property in unbelievable due to its endless potential... Subdivide or Build (Dwelling OR Commercial) - Subject to Council Consents and Approvals.

"The Town Centre Zone should support a broad range of development including dwellings, tourist accommodation, retail services, offices and low intensity commercial development." - Source: Port Neill Sustainable Future Structure Plan (December 2013), Prepared by MasterPlan SA Pty Ltd.

This property has already been connected to the Community Waste Management System (CWMS), saving you money!! Mains water available and electrical line at the front ready to be connected.

Port Neill is a beautiful renowned coastal holiday town known for its beautiful beaches, fishing, scenery and friendly community. Conveniently located 25 minutes to Tumby Bay and 55 minutes to Port Lincoln.
This is the prime time to buy now and reap the rewards later. "The rapid progress of mineral exploration projects suggests that significant township growth could occur in the short to medium term. The Council Area is convenient to a number of mineral exploration locations and to the proposed Port Spencer and Cape Hardy facilities, both of which are located in close proximity to Port Neill." - Port Neill Sustainable Future Structure Plan.

This is a rare and exciting opportunity to build or keep in your land bank for great wealth opportunities in the years to come as the town develops. You don't want to miss this!
For further information or to make your offer, call Kylie Lawson on 0448 488 662.

Land Size: 700m2 (Approximately), Frontage: 20.12 metres, Depth: 34.79 metres
EASEMENTS: NIL
Area: PORT NEILL, Hundred: DIXSON
CT: Volume 6030 Folio 389
MAP TuB/18, Zone: TCe, Zone Meaning: Town Centre
Council Rates: Approximately $508 per quarter (2019-2020)
Council: THE DC OF TUMBY BAY

Property History for 11 Peake Tce, Port Neill, SA 5604

A timeline of how this property has performed in the market
Last Sold
$205,000
07 Apr 2021
  • 07 Apr 2021
    Sold for $205,000
  • 23 Oct 2019
    Listed for Sale $220,000
  • 17 Apr 2013
    Listed for Sale $229,000
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About Port Neill 5604

The size of Port Neill is approximately 269.8 square kilometres. It has 1 park. The population of Port Neill in 2011 was 137 people. By 2016 the population was 188 showing a population growth of 37.2% in the area during that time. The predominant age group in Port Neill is 60-69 years. Households in Port Neill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Neill work in a managers occupation. In 2011, 85% of the homes in Port Neill were owner-occupied compared with 77.1% in 2016.

Port Neill has 395 properties. Over the last 5 years, Houses in Port Neill have seen a 54.10% increase in median value. As at 31 October 2024:

  • The median value for Houses in Port Neill is $337,769 while the median value for Units is $306,035.
There are currently 2 properties listed for sale, and no properties listed for rent in Port neill on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Port neill.

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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.