A6 Forest Drive, MURRAY BRIDGE, South Australia, 5253

For sale

$490,000

Residential Development Opportunity (STCC)

With quality residential land in Murray Bridge currently on short supply, now’s the ideal time to secure a prime land division opportunity that will excite the market and fill the void. Situated at the end of a well-established, high quality estate; the land of approximately 9000m2 will offer ideal residential allotments(STCC) in an area where established homes are averaging in the $300,000’s for resale. Initial concept plans offer up to 16 allotments within the land, making for an appealing developers project. The location is a family friendly environment with only a short distance to schools and facilities, with the added bonus of a short walk to the popular Long Island reserve and boat ramp. Ideal for experienced or first time developers, this is a project with plenty to offer!

Property Info:

  • Property ID: 18868398
  • Property Type: Land
  • Land Area: 9000.0 sqm

We Know Your Area

R&H Suburb Profile: Murray Bridge

R&H Suburb Summary Houses
Number of sales 192
Average Price $225,772
Median Price $230,000
Median Rental Price $255 p.w.
Change in Rental Rate (5yr) 4 %
R&H Suburb Summary Units
Number of sales 6
Average Price $155,583
Median Price $175,000
Median Rental Price $190 p.w.
Change in Rental Rate (5yr) -5 %
Murray Bridge, SA - Median Trend