SOLD
Sold on 20 Sep 2024 for $450,000

43 Peake Terrace
Waikerie SA 5330

Bedrooms: 1
Bathrooms: 1
Car spaces: 10
Land area: 2024m2
Sold By
First National Real Estate Marschall
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Property Details for 43 Peake Tce, Waikerie

Building Type
Commercial
Land Size
2024m2
Local Government
Loxton Waikerie
Lot/Plan
A163/T701301

Last Listing description (September 2024)

Welcome to 43 Peake Terrace, where the possibilities are as vast as your imagination. In a prime location, this property offers a promising canvas for residential development, investment ventures, or lucrative commercial opportunities, subject to Council Approval.

Property Features:
? Strategically positioned on a spacious land area, ripe for transformation

? Versatile building structure with expansive dimensions

Residential Development Potential:
? Explore the potential to convert this space into a charming residential enclave, subject to Council Approval
? With its generous dimensions and strategic location, envision crafting a bespoke residential community or luxury

living spaces

Investment Opportunities:
? Savvy investors will appreciate the diverse investment potential of this property
? Whether it's developing rental units, renovating for resale, or exploring innovative investment strategies, the

possibilities are limitless

Commercial Ventures:
? Consider the potential for a profitable commercial venture, such as a carwash or other entrepreneurial endeavours,

subject to Council Approval
? With ample space for customization and strategic access points, unleash your entrepreneurial spirit and turn your

vision into reality

Key Highlights:
? Prime location offering both residential and commercial appeal
? Flexible building structure with potential for diverse development
? Endless investment opportunities await, subject to Council Approval
? Secure your slice of potential in this thriving locale

Contact Us Today:
Seize this rare opportunity to shape the future of 43 Peake Terrace. Whether you dream of crafting residential havens, exploring lucrative investments, or embarking on entrepreneurial ventures, our team is here to guide you every step of the way. Get in touch today to unlock the potential of this exceptional property!

Note: All development plans are subject to Council Approval.

Property History for 43 Peake Tce, Waikerie, SA 5330

A timeline of how this property has performed in the market
Last Sold
$450,000
20 Sep 2024
  • 20 Sep 2024
    Sold for $450,000
  • 17 Nov 2023
    Listed for Sale Not Disclosed
  • 16 Jan 2004
    Sold for $92,000

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About Waikerie 5330

The size of Waikerie is approximately 70.6 square kilometres. It has 28 parks covering nearly 2% of total area. The population of Waikerie in 2011 was 2,714 people. By 2016 the population was 2,676 showing a population decline of 1.4% in the area during that time. The predominant age group in Waikerie is 60-69 years. Households in Waikerie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Waikerie work in a labourer occupation. In 2011, 61.6% of the homes in Waikerie were owner-occupied compared with 64% in 2016.

Waikerie has 1,752 properties. Over the last 5 years, Houses in Waikerie have seen a 80.21% increase in median value, while Units have seen a 86.11% increase. As at 30 November 2024:

  • The median value for Houses in Waikerie is $344,909 while the median value for Units is $285,434.
  • Houses have a median rent of $340 while Units have a median rent of $185.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Waikerie on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Waikerie.

Suburb Insights for Waikerie 5330

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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.