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71-75 Commerce Road, Murray Bridge SA 5253

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$1.9M - $2M Medium Confidence Calculated based on our search observations.

House 3 Beds 2 Baths 5 Cars 4.62 acres

Listed: 54 days ago

Updated: yesterday

Overview

This well-established house stands on an exceptional land parcel of approximately 18,680 square metres (1.89 hectares or 4.67 acres), offering remarkable potential for future subdivision following recent governmental code amendments. Positioned on Commerce Road in the desirable western precinct of Murray Bridge, the property enjoys close proximity to the central business district, encompassing essential shopping, healthcare, and social facilities, as well as convenient access to schools and the freeway. The nearby golf club offers recreational opportunities within walking distance.

Infrastructure access is fully catered for, with established connections to stormwater, sewer, mains water, and electricity, supporting both comfortable living and prospective development ambitions. The residence itself has been carefully maintained, providing a solid family home environment with three bedrooms, two bathrooms, and ample parking space for up to five vehicles.

This versatile opportunity suits a range of buyers, including families seeking a spacious home with expansive grounds, investors considering rental returns with potential subdivision upside, or purchasers keen to secure a strategically located asset poised for future growth. The expansive land allows for numerous possibilities, while the existing home ensures immediate livability.

Local Market Insights

In Murray Bridge, Quiet Listings observed 47 new houses entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $696,957. The property type mix of listed properties is predominantly Houses at 84%, followed by land (7%), and units (4%). The most active agency for houses in the Murray Bridge area is currently Elders Real Estate, representing 23% of new listings, followed by Masons Real Estate with 15%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.