Lot 189 - Co-Living Narooma Rise - Murray Bridge

Description

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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.

• Property Type: House and LandCashflow PositiveCo-Living
• Property Stage: N/A
• Price: $ 707,100.00
• Land Price: $ 205,000.00
• Build Price: $ 502,100.00
• Beds: 3
• Bath: 3
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 1
• Floor Plan: CO-LIVING 12.5
• Completion: N/A
• Land Size: 483
• Area Size: 162.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 1000.00
• Est. Body Corp.: N/A
• Title Status: November 2024
• Gross Per Week: $ 1,000.00
• Gross Per Annum: $ 52,000.00
• Gross Yield: 7.35%
• Capital Growth 12 Months: 18.06%
• Capital Growth 10 Year Annualised: 6.19%
• Vacancy Rate: 0.27%