Set Your Budget
Save your budget
This helps us curate better property matches for youSelect a budget
Set Your Budget
Save your budget
This helps us curate better property matches for youSelect a budget
Sold
House
Blue Chip Investment - House & Stables on Corner Allotment
8 Austral Terrace, Morphettville, SA, 5043, Australia
3
1
2
700 m²
About this Property
Blue Chip Investment - House & Stables on Corner Allotment.
Set upon a large 700m2 approx corner allotment with two street frontage adjacent to Morphettville Racecourse is an opportunity to acquire a modern fully established low maintenance 11 horse stables and tidy 3 bedroom home capable of approx 7% yield.
This well-maintained property is presented in a walk-in-walk-out state ideal for any owner occupier to commence training immediately or astute investor seeking an immediate return.
The property is located in the Suburban Neighbourhood Zone within the City of Marion Council. If you are considering purchasing this property please note the following.
At present, there is a Code amendment (a proposal to change the policies, rules, or mapping within the Code) initiated over a 12ha area named 'Morphettville/Glengowrie Horse Related Activities Code Amendment' in which this property is located.
Full details are available on the Plan SA website plan.sa.gov.au. A Code amendment has been initiated and an extract from this amendment states 'Council is therefore considering changes to the zoning of the subject land that will provide the opportunity for residential development at higher densities to be constructed.'
Combined Rental Estimate - $1050 per week
Rental Estimate - House Only $500 per week
Rental Estimate - Stables Only $550 per week
Council Rates - $1962 per annum
Emergency Service Levy - $365 per annum
SA Water - $186 per quarter
Zone - Suburban Neighbourhood
Council - City of Marion
House Built in 1950
Stables Built in 2004
Land Dimensions - 15.24m X 45.72m (700m approx)
Contact Shane Moore for further details and inspection times.
Set upon a large 700m2 approx corner allotment with two street frontage adjacent to Morphettville Racecourse is an opportunity to acquire a modern fully established low maintenance 11 horse stables and tidy 3 bedroom home capable of approx 7% yield.
This well-maintained property is presented in a walk-in-walk-out state ideal for any owner occupier to commence training immediately or astute investor seeking an immediate return.
The property is located in the Suburban Neighbourhood Zone within the City of Marion Council. If you are considering purchasing this property please note the following.
At present, there is a Code amendment (a proposal to change the policies, rules, or mapping within the Code) initiated over a 12ha area named 'Morphettville/Glengowrie Horse Related Activities Code Amendment' in which this property is located.
Full details are available on the Plan SA website plan.sa.gov.au. A Code amendment has been initiated and an extract from this amendment states 'Council is therefore considering changes to the zoning of the subject land that will provide the opportunity for residential development at higher densities to be constructed.'
Combined Rental Estimate - $1050 per week
Rental Estimate - House Only $500 per week
Rental Estimate - Stables Only $550 per week
Council Rates - $1962 per annum
Emergency Service Levy - $365 per annum
SA Water - $186 per quarter
Zone - Suburban Neighbourhood
Council - City of Marion
House Built in 1950
Stables Built in 2004
Land Dimensions - 15.24m X 45.72m (700m approx)
Contact Shane Moore for further details and inspection times.
Gallery
Book an Inspection Time
Request for Inspection
Message the agent to request for an on-site or a virtual livecast property inspection
Similar Properties
Ascot Park
1.9KM
House
$995,000
2A Don Terrace, Morphettville SA 5043
3
2
4
344 sqmMarion
880M
House
$780,000
224 Oaklands Road, Morphettville SA 5043
3
1
2
Marion
1.0KM
House
Contact for details
17 Radstock Street, Morphettville SA 5043
3
1
4
Marion
1.1KM
House
$820,000
8 Stephens Place, Morphettville SA 5043
3
3
2
239 sqmMarion
1.3KM
House
Contact for details
7 Gordon Terrace, Morphettville SA 5043
3
2
2
371 sqmMarion
1.5KM
House
Contact for details
5B Gilmore Crescent, Morphettville SA 5043
3
2
2
290 sqmHouse
$720,000
4 Ellis Avenue, Morphettville SA 5043
3
2
3
741 sqmMarion
1.6KM
House
$830,000
3 Cobham Avenue, Morphettville SA 5043
3
2
2
342 sqmMarion
1.9KM
House
CONTRACTED AT AUCTION
29 Croker Road, Morphettville SA 5043
3
1
2
330 sqmMarion
703M
House
Contact for details
5E Hamley Street, Morphettville SA 5043
3
2
2
Shane Moore
Harcourts Morphett Vale RLA 1556
+ 61 0418669448
Download the mobile app to get instant updates
Calculate your home loan repayments
Download the mobile app to get instant updates
More Details on 8 Austral Terrace, Morphettville SA
How many bedrooms and bathrooms does 8 Austral Terrace, Morphettville have?
8 Austral Terrace, Morphettville is a 3 bedroom, 1 bathroom house.
Who is the agency that listed 8 Austral Terrace, Morphettville?
The agency who listed 8 Austral Terrace, Morphettville is Harcourts Morphett Vale RLA 1556 - you can contact the agents here.
How many car spots does 8 Austral Terrace, Morphettville have?
8 Austral Terrace, Morphettville is a 2 car spot home.
How much is 8 Austral Terrace, Morphettville?
The price of 8 Austral Terrace, Morphettville is Blue Chip Investment - House & Stables on Corner Allotment - contact the agents to find out more.