36 Ipari Terrace, MORPHETT VALE, South Australia, 5162

Sold

Sold

Vacant Land with Approved House Plans!

An unbeatable opportunity to secure a newly subdivided villa sized, Torrens Titled allotment right in the heart of Morphett Vale. This largely level block has a wonderful view of the tree studded reserve right out front (no front neighbours!) & also already has optional plans designed & approved by council for a 3 bedroom, 2 bathroom home to be constructed. Compliant with the ‘residential code development’ strategy, this means that any new house plans must be assessed &/or approved in a very short time frame, 5 – 10 business days approx.

Some of the other benefits of this block include…

• Well established neighbouring properties

• Fully fenced

• Build when you want to – no encumbrances

• Res code compliant

• 249m2 in size

• 11m approx. frontage

• Rectangular in shape

• Not a strata/community title

• Choose your own builder

• Approved plans available through Statesman Homes

• House & land packages available for around $300,000

• Up to $15,000 in Govt grants still available for first home buyers

• Close to schools, shops & bus transport

Set in a mature & well established pocket of Morphett Vale, this property gives buyers the chance to build a brand new home but not be surrounded by other building & development very common in new housing estates. This is a great opportunity to buy & build at a very affordable price (especially for first home buyers) & move in yourself or alternatively rent out & reap the added rewards of depreciation.

The current sellers had the block subdivided & house plans drawn up & approved for themselves, but due to personal circumstances, they are no longer in a position to proceed. Regrettably, the block must now be sold & all genuine offers will be presented!

Property Info:

  • Property ID: 19144963
  • Property Type: Land

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R&H Suburb Profile: Morphett Vale

R&H Suburb Summary Houses
Number of sales 359
Average Price $307,502
Median Price $305,000
Median Rental Price $325 p.w.
Change in Rental Rate (5yr) 8 %
R&H Suburb Summary Units
Number of sales 49
Average Price $244,809
Median Price $239,000
Median Rental Price $280 p.w.
Change in Rental Rate (5yr) 6 %
Morphett Vale, SA - Median Trend