Set on over 4,300sqm of land, this property offers multiple shedding options on a prominent corner allotment. The main shed is a total of 1,000sqm which is broken down into 2 main areas of 750sqm and 250sqm. The large shed features a concrete floor, office, power, hi-bay lighting, and both front and side sliding doors. The larger portion is currently leased until 28/04/2028, returning $39,875.40 per annum. Additional income is generated through the lease of the remaining 250sqm of the main shed, a separate office building and a smaller shed which is currently tenanted on a month to month basis at $30,000.00 per annum. The corner allotment allows great access from both Bywaters Road and Production Road and is ideally positioned just 700m from the B Double Route. In total, the site comprises approximately 1,000sqm of main shedding plus various smaller sheds, providing flexibility for a range of uses. An excellent opportunity for investors or owner occupiers, the property is currently zoned Rural Living.
*All sizes are approximate only
Zoning | Rural Living |
Tenanted | No |
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 289 |
Average Price | $520,578 |
Median Price | $503,000 |
Median Rental Price | $480 p.w. |
Change in Rental Rate (5yr) | 88 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 11 |
Average Price | $440,818 |
Median Price | $413,000 |
Median Rental Price | $400 p.w. |
Change in Rental Rate (5yr) | 90 % |
30 Bywaters Road, Murray Bridge,
South Australia, 5253