Sold

79A Ridge Road,
Summertown 5141, South Australia

1,317m² land size
Land

$395,000


Property details

Stunning Outlook, Unique Opportunity.

A world away, yet only a short, half-hour scenic drive to the CBD, this secluded allotment of around a third of an acre offers absolute serenity.

The site's current land use is designated Radio Transmitting, with two current licence agreements in place, and it is being sold as a going concern (lease agreement until end of 2028), providing regular income while you plan your own build STC.

With stunning distant views towards the city, suburbs, and beyond to the coast, this property is zoned Hills Face. Plan SA provides a pathway to develop a residential dwelling, with a change in land use to 'Residential'; subject to approval. - Please call to discuss.

A very usable, solid-as-a-rock brick-and-concrete building, complete with power, lighting, a phone line, and reverse-cycle air conditioning - ideal for storage/shedding, a starting point for a weekender, or even the basis of a new dwelling STC.

Seize this opportunity to secure land and create your own haven in a serene yet convenient location.



What makes this property special?

• Secluded location
• Distant views
• Income-producing whilst you plan


Specifications:

• CT | 6079/331
• Zoning | Hills Face
• Council Area | Adelaide Hills
• Council Rates | $1,777.56 p/a approx.
• SA Water | not connected/not rateable


Disclaimer: All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions (including but not limited to property land size, floor plans, building age and condition). Interested parties should make their own enquiries and seek their own legal and financial advice. RLA 278947

VENDORS STATEMENT - Please Note: The Vendors Statement will be available for inspection at the agents office three business days before the auction and at the auction site at least 30 minutes before the auction.

Explore the area


School catchments

  • Norton Summit Primary School Primary R-6 Government 2.6km
  • Uraidla Primary School Primary R-6 Government 2.7km
  • Basket Range Primary School Primary R-6 Government 4.7km
  • St Peter's Collegiate Girls' School Combined R-12 Independent 4.8km
  • Crafers Primary School Primary R-6 Government 5.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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