304,306-308 Main South Road, Morphett Vale, SA 5162

Development/Land

Sold $1,000,000 - $1,100,000

  • Property ID: 374492
  • Floor Area: 2588m²
  • Land Area: 2588m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 2588m2 2588m2 N/A
Unique Investment Opportunity With Development Approvals

This is an incredible chance for those looking for an astute investment opportunity or an ideal future development site.

Positioned on approximately 2588sqm across three separate titles.
Currently tenanted and utilised as a school on a 3 + 1 + 1 year lease returning $52,121.76 per annum paid monthly.

Council approved development plans and designs are in place for 10 two storey townhouses. (Approvals available upon request)

This substantial land holding offers multiple options for future financial returns and it represents great value with a healthy holding income and would suit either developers, builders or investors.

Call Troy Tyndall on 0401 661 997 for further information about this exciting opportunity.

Council- Onkaparinga
Zoned- R-residential
Land Size- 2588m2 approx.

** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
RLA 61345 RLA 282965 RLA 231015

Morphett Vale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1285 --- ---
Offices $3383 $200 5.91%
Retail $3383 $200 5.91%
This is the average advertised price, rent and yield for Morphett Vale, SA 5162*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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