Lot 189 - Co-Living Narooma Rise - Murray Bridge

Murray Bridge, Murray Bridge, SA, 5253

$ 707,100

Murray Bridge, Murray Bridge, SA, 5253
Lot 189 - Co-Living Narooma Rise - Murray Bridge-0
Lot 189 - Co-Living Narooma Rise - Murray Bridge-1
Lot 189 - Co-Living Narooma Rise - Murray Bridge-2
Lot 189 - Co-Living Narooma Rise - Murray Bridge-3

Property Images

Lot 189 - Co-Living Narooma Rise - Murray Bridge-0 Lot 189 - Co-Living Narooma Rise - Murray Bridge-1 Lot 189 - Co-Living Narooma Rise - Murray Bridge-2 Lot 189 - Co-Living Narooma Rise - Murray Bridge-3

Overview

Property ID: LA-4919

  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 162

Details

Updated on Nov 15, 2024 at 01:00 pm

Property Type: House and Land
Price: $ 707,100
Land Price: $ 205,000
Build Price: $ 502,100
Gross Per Week: $ 1,000
Gross Per Annum: $ 52,000
Gross Yield: 7.35%
Capital Growth 12 Months: 14.69%
Capital Growth 10 Year Annualised: 6.92%
Vacancy Rate: 0.85%
Property Size: 162 m2
Land Area: 483 m2
Bedrooms: 3
Bathrooms: 3
Parking: 2
Title Status: November 2024
Property ID: 4919
SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us* 

Welcome to Narooma Rise, an exquisite residential community nestled in the heart of Murray Bridge, offering a lifestyle of tranquility and convenience. This vibrant neighborhood is designed to seamlessly blend modern living with
the natural beauty that surrounds it.

Situated along the picturesque River Murray, Narooma Rise boasts a prime location, providing residents with breathtaking views and a serene atmosphere. The community is strategically positioned for easy access to the central retail, dining, and business and recreation precincts of the historic Murray Bridge.

Lifestyle:
1. Narooma Wetlands
2. Long Island Reserve
3. Long Island
4. Sturt Reserve
5. Rowing Club and 1924 Restaurant
6. Wharf Precinct
7. Future Watersport Park
8. RSL Waterford Estate
9. Bridgeport Hotel
10. Murray Bridge Marketplace
11. Murray Bridge Green
12. Murray Bridge Swimming Centre
13. Police Station
14. Murray Bridge Soldier Memorial Hospital
15. Childcare
16. Tyndale Christian School
17. Bunnings 18. Murray Bridge Golf Course
19. Lerwin Nursing Home
20. Murray Bridge South Primary School
21. Murray Bridge High School
22. Unity College (Junior)
23. Unity College (Middle / Senior)
24. Gifford Hill Race Course

Murray Bridge is emerging as an outstanding regional hub in South Australia for both infrastructure development and employment opportunities.

According to the Murray Bridge Council, almost $1 Billion of projects are in the works or already completed, in an attempt to better the community of the area. Due to its convenient distance from Adelaide and the Eastern states, as well as its long-established trade routes, Murray Bridge is the Murraylands largest, regional, commercial hub.

The population is estimated to reach 35,000 in the next two decades, accompanied by a projected 13,000 job increase for the region. Abundant in land, skills, and opportunities, Murray Bridge stands poised for significant growth.

Disclaimer*

Reservation Requirements: 1. Completed EOI (Property Reservation form under Fusion CRM Online Forms) 2. Holding deposit receipt (amount TBA) 3. Copy of client's finance pre-approval letter/comfort letter from the broker 4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 189 - Co-Living Narooma Rise - Murray Bridge
City Murray Bridge
State SA
Postcode 5253
Suburb Murray Bridge

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

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