Rapid Bay RoadRapid Bay SA 5204
Property Details for Lot 101 Rapid Bay Rd, Rapid Bay
Last Listing description (September 2020)
This large holding comes with Absolutely Fantastic Coastal Views from Adelaide to Kangaroo Island and beyond. Currently being used as grazing land, this parcel of approximately 241 hectares is spread across 2 titles being Lot 101, pce 102 & pce 103 on 1 title, plus Section 7 on its own title. With three potential access points, two of which being the unmade road reserves for the continuation of No Where Else Road, as well as a free and open right of way.
Also having access to "No Where Else Creek" with land on both sides, three dams and hundreds of potential house sites. This is an outstanding opportunity to own a piece of nature at its finest. Plenty of opportunities to use the land or lease it and then build with the best views on the Fleurieu. It's not just sea, country and rural views here, the right house on this land would enjoy fantastic views of the best sunsets in South Australia fading into the distant city lights, and all this through north facing windows making for a wonderful naturally warmer house all winter.
Approximately 600 acres of undulating land with dams and perimeter fencing, this could earn a return from day one, with several graziers looking to lease land for their livestock. Other options include all nature of possible farm operation and or bed and breakfasts options are limitless.
If you want lots of land with lots of potential call Luke today.
Property History for Lot 101 Rapid Bay Rd, Rapid Bay, SA 5204
- 26 Nov 2020Sold for $980,000
- 11 Jul 2019Listed for Sale Expressions of interest
- 03 Feb 2003Sold for $350,000
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About Rapid Bay 5204
The size of Rapid Bay is approximately 15.6 square kilometres. The population of Rapid Bay in 2011 was 496 people. By 2016 the population was 3 showing a population decline of 99.4% in the area during that time. The predominant age group in Rapid Bay is 50-59 years. Households in Rapid Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rapid Bay work in a trades occupation. In 2006, 36.8% of the homes in Rapid Bay were owner-occupied compared with 68.7% in 2011..
Rapid Bay has 40 properties. Over the last 5 years, Houses in Rapid Bay have seen a 83.89% increase in median value. As at 31 October 2024:
- The median value for Houses in Rapid Bay is $616,481.
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