16-18 Cooke TerraceTailem Bend SA 5260
Property Details for 16-18 Cooke Tce, Tailem Bend
Last Listing description (August 2023)
The investor spotlight is on Tailem Bend, the home to Motorsport in South Australia.
Discover an extraordinary opportunity with this 1320 sqm vacant allotment that holds immense potential for development. Unlock the possibilities of this generous township Open, whether it be creating a breathtaking residence or reimagining it into three row dwellings, subject to council approval.
The proposed concept plans showcase the potential for the creation of three, four-bedroom homes, each with two bathrooms and double-length carports-yet, remember that these plans have not yet been approved by the council. The responsibility and cost of obtaining any necessary approvals rest with the purchaser.
Tailem Bend is a riverside town just over an hours drive from Adelaide and provides a family friendly community with a wide range of facilities including a variety of local shops, a Primary School, country pubs, hospital, parks & gardens + several sporting clubs and community organisations.
Cooke Terrace conveniently places you within reach of the exhilarating Motorsport Park, promising thrilling experiences for motorsport enthusiasts and spectators alike. Moreover, Tailem Bend serves as a central hub, surrounded by the enchanting towns of Murray Bridge, Strathalbyn, Langhorne Creek, and Meningie. Notably, it serves as the gateway to both the captivating Coorong and the captivating Limestone Coast.
A great place to invest.
Details:
- 1320 sqm regular shape vacant allotment
- Power to the front of the allotment
- Mains water available at the street
- 31.38 metre fronatge to Cooke Tce
- 3 street frontages in total. (Sealed road to Cooke Tce, unsealed road to the rear and side boundary
- 2 minutes to the main street
- 1.5 hour drive to Adelaide
- Less than 10 minute drive to The Bend Motorsport Park
Zoned: Neighbourhood (N)
Council: Coorong District Council
Contact Agent for any further details.
Matthew Lee, MichaelKris Real Estate RLA 212749
*The proposed concept plans and images are for illustration purposes only and are subject to all Council and Government consents. The proposed plans are available to the Purchaser, however they are NOT approved by Council.
Property History for 16-18 Cooke Tce, Tailem Bend, SA 5260
- 25 Aug 2023Sold for $119,000
- 05 Feb 2023Listed for Sale $119,000 - $129,000
- 18 Jul 2017Sold for $150,000
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0About Tailem Bend 5260
The size of Tailem Bend is approximately 241.3 square kilometres. It has 11 parks covering nearly 1.6% of total area. The population of Tailem Bend in 2016 was 1665 people. By 2021 the population was 1705 showing a population growth of 2.4% in the area during that time. The predominant age group in Tailem Bend is 60-69 years. Households in Tailem Bend are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tailem Bend work in a labourer occupation.In 2021, 72.90% of the homes in Tailem Bend were owner-occupied compared with 73.20% in 2016.
Tailem Bend has 1,276 properties. Over the last 5 years, Houses in Tailem Bend have seen a 140.61% increase in median value, while Units have seen a 100.65% increase. As at 31 March 2026:
- The median value for Houses in Tailem Bend is $425,244 while the median value for Units is $812,097.
- Houses have a median rent of $380.
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