11 Ridgeway RoadVirginia SA 5120
Property Details for 11 Ridgeway Rd, Virginia
Last Listing description (September 2022)
CURRENT PLANTED CROPS INCLUDED !
7 acres (approx) of prime horticultural corner allotment only minutes from the town centre and logistically close to the Cavan markets.
This property offers a generous bore water allocation and is currently granting consent of 10 mega litres of WRSV to the property giving you plenty of water to expand the current 22 greenhouses and outdoor growing of more vegetables or herbs. The steel framed greenhouses are in good condition with opportunity to convert to Hydroponic growing. Large secure packing shed is air-conditioned and is positioned close to all production for easy access with the perimeter of the property securely fenced.
The big PLUS to this property is having 2 residences, one for renting for extra income and one to live in or have them both rented out! The opportunities are endless! The homes have been well maintained and comprise a total of 6 Bedrooms, 2 Kitchens, three bathrooms, three toilets and have air conditioning for all year comfort
With the current growth and rezoning of Virginia prime growing land and water allocation will be harder to find near the town centre. Here is your chance to secure your own home business or rent the property for the future.
Property History for 11 Ridgeway Rd, Virginia, SA 5120
- 17 Mar 2023Sold for $1,000,000
- 21 Oct 2020Sold for $690,000
- 23 Jan 2020Listed for Sale MORE PROPERTIES WANTED
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About Virginia 5120
The size of Virginia is approximately 29.3 square kilometres. It has 5 parks covering nearly 1.2% of total area. The population of Virginia in 2011 was 1,747 people. By 2016 the population was 1,789 showing a population growth of 2.4% in the area during that time. The predominant age group in Virginia is 40-49 years. Households in Virginia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Virginia work in a managers occupation. In 2011, 82.7% of the homes in Virginia were owner-occupied compared with 81.3% in 2016.
Virginia has 2,249 properties. Over the last 5 years, Houses in Virginia have seen a 83.57% increase in median value. As at 31 October 2024:
- The median value for Houses in Virginia is $974,007 while the median value for Units is $652,980.
- Houses have a median rent of $620.
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