OFF MARKET

105 Reedy Road
Riverlea Park SA 5120

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 78380m2
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Property Details for 105 Reedy Rd, Riverlea Park

Building Type
Rural
Year Built
1950
Land Size
78380m2
Local Government
Playford
Lot/Plan
A139/F162488

Last Listing description (October 2021)

105 Reedy Road Buckland Park 5120

Up for sale is 7.84 ha or 19.4 acres of fertile horticulture land located next to Port Wakefield Highway, currently cultivating eggplants, capsicums, tomatoes, cucumber, zucchini,...


This is a rare opportunity for anyone who wants to invest in the agriculture business or existing market gardener looking to expand their farm .

The package comes with a 4-bedrooms house, 1 bath, 2 toilets and a single garage.

92 plastic farmhouses, 40 of those are currently rented out at $32,000 per year until June 2022, with options to renew contract and opportunity for a rental increase.

Features:

* One existing shed with a cooling room for storage
* Hydroponic system set up
* Bore water tank with 3.70 millions gallons capacity
* Bolivar water supply is scheduled to be connected in April 2021
* 50x30m fully lined dam
* 15 min drive to Elizabeth Shopping Centre
* Quick access to the city via Northern Expressway


Council rates / $510 per quarter
SA water / approx $TBA per quarter

For more information or a private viewing please call Phuong on 0410 848 168

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Property History for 105 Reedy Rd, Riverlea Park, SA 5120

A timeline of how this property has performed in the market
Last Sold
$1,230,000
09 Aug 2021
  • 09 Aug 2021
    Sold for $1,230,000
  • 09 Feb 2021
    Listed for Sale SOLD - $1,230,000
  • 14 Nov 2001
    Sold for $230,000

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About Riverlea Park 5120

The size of Riverlea Park is approximately 53.2 square kilometres. It has 1 park covering nearly 2.7% of total area. The population of Riverlea Park in 2011 was 276 people. By 2016 the population was 170 showing a population decline of 38.4% in the area during that time. The predominant age group in Riverlea Park is 50-59 years. Households in Riverlea Park are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Riverlea Park work in a managers occupation. In 2011, 82.3% of the homes in Riverlea Park were owner-occupied compared with 86.8% in 2016..

Riverlea Park has 1,104 properties.

    There are currently 6 properties listed for sale, and 5 properties listed for rent in Riverlea park on OnTheHouse. According to CoreLogic's data, 474 properties were sold in the past 12 months in Riverlea park.

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