5 Acorn Drive, Mil-Lel, SA 5291 | Property Value & History | OnTheHouse
 
OFF MARKET

5 Acorn Drive
Mil-Lel SA 5291

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Bathrooms: -
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Land area: 10000m2
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Property Details for 5 Acorn Dr, Mil-Lel

Building Type
Land
Land Size
10000m2
Local Government
Grant
Lot/Plan
A66/D126197

Last Listing description (August 2023)

EXPRESSIONS OF INTEREST BY 12PM FRIDAY 14TH JULY 2023 (UNLESS SOLD PRIOR)

Ray White Mt Gambier is pleased to present 5 Acorn Drive, Mil-Lel, for sale. The allotment sits just outside of Mount Gambier, between Mount Gambier Marketplace and Mount Gambier Airport. The property comprises two and a half acres of grassed land with a huge shed or workshop and three large rainwater tanks that feed the property.

The land is fenced and ready for a new home or building development (STCA) and is in the ideal location for families. The allotment sits behind the Mil-Lel primary school and The Mil-Lel Showgrounds, which provide a great sense of community. The famous Warrnambool Cheese and Butter Factory is also just down the road. Neighboring properties are roughly the same acreage, consisting predominantly of family homes and hobby farms.

The property has a variety of possible development opportunities, ranging from a dream home to a business or holiday rental with a hobby farm. Why not combine several elements for the perfect home/work-life balance? There is abundant space to create and realise your dream, including a 145-square-metre workshop with a high roof, glass sliding doors at the rear and three phase power. The entrance to the property includes an established driveway that leads conveniently to the secure shed doors.

Acorn Drive is a fabulous spot to build a home - with all the convenience of Mount Gambier's shopping, dining, childcare, schools and recreation facilities just minutes into town. It has the added advantage of its location outside the CBD, where all roads lead to the beautiful Coonawarra wine region. With so many magnificent tourist attractions within an easy commute - the opportunity for holiday let income is a definite drawcard. The location is also a knockout spot for families working at the newly expanded Tarpeena timber mill, cutting travel time down while allowing for the perfect outdoor lifestyle property.

Contact Tahila and the highly knowledgeable Ray White Mt Gambier team to discuss building potential and learn more about what is included in this stunning land package.

RLA - 291953
Additional Property Information:
Roller Door Height: 3.3m
Land Size: 10,000m2
Council Rates: $182 p/q

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Property History for 5 Acorn Dr, Mil-Lel, SA 5291

A timeline of how this property has performed in the market
Last Sold
$370,000
04 Aug 2023
  • 04 Aug 2023
    Sold for $370,000
  • 07 Jun 2023
    Listed for Sale Expressions of Interest by 12pm 14th July 2023
  • 08 Apr 2021
    Sold for $199,500
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About Mil-Lel 5291

The population of Mil-Lel in 2016 was 368 people. By 2021 the population was 382 showing a population growth of 3.8% in the area during that time. The predominant age group in Mil-Lel is 40-49 years. Households in Mil-Lel are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mil-Lel work in a managers occupation.In 2021, 91.10% of the homes in Mil-Lel were owner-occupied compared with 82.10% in 2016.

Mil-Lel has 218 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Mil-lel on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Mil-lel.

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