28 Dutton TerraceTumby Bay SA 5605
Property Details for 28 Dutton Tce, Tumby Bay
28 Dutton Tce, Tumby Bay is a 0 bedroom, 0 bathroom House and was built in 2004. The property has a land size of 55015m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in September 2008.
Last Listing description (August 2024)
Prime development site totalling 6.306 hectares or 63,000 sqm
Concept plan for residential blocks from 400 sqm to 800 sqm larger blocks
Walking distance to town
Robin Hood Real Estate is pleased to exclusively present 50 Dutton Terrace to the market. This development site has a concept plan in place ready for submission for development approval.
Key property features include:
- Prime corner site
- Proposed development approval in place for several apartments or housing project and of consisting larger blocks for commercial use
- Medium Density Residential zoning allowing for a range of potential re-development outcomes
- Two street frontages
- PLUS the sale of this project comes with the Barry Stirling Rubble Pit Extractive Mineral Lease Claim 3568 at NO additional cost with an expected mine life of 20 years. Road building rubble comprising of fractured granite, clay and sand is the primary commodity to be mined. It has been assessed that 1000 cubic meters will be carted monthly from the site. There are 2.2 hectares of the total 5.4 hectare to be mined. Site access is from the main highway, Bratten Way.
The housing development opportunity in Tumby within the next several years looks promising. The future is bright for the landowner/developer who has foresight and ability to see the opportunity being presented now. Own a piece of the action and profit from this project. There is a demand for over 200 homes in the Tumby Bay area within the next 5 years. Be a part of that action! Seize this limited opportunity!
Design allows for staged development of the Project
Crafted to meet the needs of a developing Tumby Bay market
Access to existing service infrastructure network
Please contact the exclusive agent below for a confidential discussion about the property, to receive the Information Memorandum and to gain access to the Due Diligence material.
For further information of this incredible site, please do not hesitate to reach out to Melanie Elliott on 0428 926 789 for more details about this unique project. You'd be glad you did.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.
RLA 274962
Property History for 28 Dutton Tce, Tumby Bay, SA 5605
- 23 Jul 2024Listed for Sale Price on Application
- 01 Dec 2015Listed for Sale $850,000 - $890,000
- 11 Sep 2008Sold for $895,000
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About Tumby Bay 5605
The size of Tumby Bay is approximately 303.8 square kilometres. It has 16 parks covering nearly 0.5% of total area. The population of Tumby Bay in 2011 was 1,826 people. By 2016 the population was 1,622 showing a population decline of 11.2% in the area during that time. The predominant age group in Tumby Bay is 60-69 years. Households in Tumby Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumby Bay work in a managers occupation. In 2011, 69.6% of the homes in Tumby Bay were owner-occupied compared with 74% in 2016.
Tumby Bay has 1,482 properties. Over the last 5 years, Houses in Tumby Bay have seen a 87.47% increase in median value, while Units have seen a 27.61% increase. As at 31 October 2024:
- The median value for Houses in Tumby Bay is $455,142 while the median value for Units is $232,945.
- Houses have a median rent of $415 while Units have a median rent of $205.
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