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Lot 1 Ruskin Road, Dublin, 5501, South Australia

POA
0
0
0

Property Id - HS3942
Click to enlarge (7 photos)
Price
POA
Bedrooms
0
Bathrooms
0
Car Spaces
0
Car Space Type
-
Property Type
Rural / Farm
Dwelling Size
-
Land Size
300 Acres

Acreage on Adelaide plains-VENDOR FINANCE AVAILABLE

3kms from one of the best crabbing beach in SA at Thompsons Beach. Main bitumen road between Dublin and Thompsons Beach fronts property on two sides. 4kms back up road to Dublin 5 acre blocks are for sale for 130K-150K.

EXCELLENT sub division potential. Essential services are at Dublin. There is none, no town water or sewerage, at Thompsons Beach on 950 sqm blocks which sell from $60K upwards. How can the Council knock back say 5 acre blocks which are closer to Dubin, on the way from Thompsons Beach.

62 kms from city centre. A few kms from flat dual carriageway highway 1 which passes Dublin.

Good land bank opportunity. State Government has a ridiculous metropolitan development boundary which acts likes a tourniquet and the pressure will have to be released at some stage otherwise a large minority of the population wont be able to afford to buy property.

Thus land inside growth boundary is a bad investment and near outside is a great one due to arbitrage.

At this stage can be subdivided into 3X100 acre blocks subject to Council approval.

Town water and power connected to double garage.

Potential for wind turbines or solar power generation in the future. Was under contract for wind turbines but... Read more that has now lapsed whilst AGL waits for Cheetham Salt to give the go ahead on their land behind the block.

Flat and treeless land with one third being salt pans with minimal low lying water in winter.

With ETS to be implemented at some stage the potential for carbon credits in the future.

Other possibilities are aquaculture as salty water available at 6-8 litres per second at around 70 metres, solar ponds, growing algae for livestock feed for major livestock exchange and feedlots a few kms away, bush tucker to restaurants, off road trail bikes with excellent natural jumps, horse riding down to and on beach, paint ball skirmish in tall grass.

. State Government regards the Northern Connector as an essential part of the road network and continues to plan for building it. Its a question of either Cheethham Salt having to relocate or cease salt operations. Cheetham Salt own land all the way up to Thompons Beach.

If Cheetham do relocate its likely to be north of Gawler River and will be turning their pumps north from Middle Beach. Thompsons Beach will be end point of operations, their land lies between the block and Thompsons Beach. It is likely they will be a willing buyer in the future of the block to put all their machinery on as my understanding from a local councillor they need every square metre of land to put salt pans in.

Finally spoke to Mallala Council head of planning and he would be open to allowing a caravan park on the block as there is a shortage of short term stay accommodation in the area.

Land is zoned coastal which is surprisingly is less restrictive than general farming as tourism and recreational facilities are not non complying.

Willing to offer vendor finance or long term lease or any other worthwhile proposition. I think its a great investment but looking to sell due to family situation.

Generous vendor finance on offer:

$125K up front
Balance on vendor finance
Interest only for 5 years
Interest Rate of 6.5%

Inspection Times

  1. Please contact the seller to make an inspection.

Street Statistics

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Street statistics for Ruskin Road, Dublin

Dwelling Type Lowest Median Highest Growth
Houses $218,000 $296,000 $402,000 -1.20 %
Units N/A N/A N/A N/A
Disclaimer: © Residex Pty Ltd

Suburb Statistics

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Measurement Houses Units
Median Value $355,500 $222,500
Median Weekly Rent (Gross) $285 $200
Suburb Rental Yields 4.20 % 4.64 %
Annual Number Of Sales 61 517
Average Vendor Discounting N/A N/A
Average Listing Duration N/A N/A
Disclaimer: © Residex Pty Ltd
Find out which suburbs are predicted to have the best Capital GrowthGet Report
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Disclaimer: © Residex Pty Ltd

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1 Suburb data provided by Residex Pty Ltd
2 Suburb Home Ownership and Population data created by Residex Pty Ltd, using data provided by ABS (2006)

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