Rare Investment Opportunity. Huge Home with Huge Returns. $36,400 rental return per annum

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location

Market Insights for Murray Bridge SA 5253

New Listings (last 30 days)

Average price

$698,128

Lowest price

$440,000

Highest price

$2,195,000

7 Slade Street, Murray Bridge SA 5253

$700,000 - $750,000

Search Band Search Visibility Band

$700k - $750k High Confidence Calculated based on strong search observations.

House 6 Beds 3 Baths 2 Cars 1011 m²

Listed: 5 days ago

Updated: 12 hours ago

Overview

Set on a substantial 1011 sqm block in Murray Bridge, this grand stone home offers a rare investment opportunity with excellent rental returns, currently leased until May 2027. The property is attractive for those seeking a large family residence or investors looking for steady income.

The residence exudes character and timeless appeal, featuring high ceilings and polished floorboards that enhance its spaciousness. The formal lounge is designed around a combustion heater, providing a cozy living area ideal for cooler months. Adjacent to the lounge, a generously sized and updated kitchen caters well for everyday meal preparation, thoughtfully positioned next to a large dining area to facilitate family gatherings and entertaining.

Accommodation is ample with five bedrooms plus a separate study, complemented by two bathrooms that offer practicality and convenience for a large household. An enclosed verandah expands the living space further, creating versatility in usage such as a quiet retreat or additional entertaining area.

Adding to the property's appeal is a self-contained retreat or granny flat situated at the rear. This separate space includes a large bedroom, kitchen/meals area, and bathroom facilities, providing privacy and potential for multi-generational living or rental income.

For hobbyists or those needing substantial storage, a double workshop/garage stands ready. The property's location is convenient, a short distance from Murray Bridge Green shopping centre, supporting a balanced lifestyle with amenities close at hand.

Local Market Insights

In Murray Bridge, Quiet Listings observed 47 new houses entering the market over the last 30 days, up from 25 during the previous 30-day period, with an average advertised asking price of $698,128. The property type mix of listed properties is predominantly Houses at 86%, followed by land (5%), 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.