2 George Mason StreetWellington East SA 5259
Property Details for 2 George Mason St, Wellington East
Last Listing description (February 2023)
Under instructions from the mortgagee, Colliers is delighted to offer for sale 2 George Mason Street, Wellington East via Private Treaty
A fantastic corner site with considerable development potential within South Australia's Murraylands. Situated just metres from the Murray River and en-route to the Wellington Ferry, this property provides significant exposure and offers residents convenient access. Zoned Township and situated on an expansive land holding, the property is suitable for a range of development outcomes with existing development approval granted for both residential and commercial outcomes.
Three existing development applications are in place for the property allowing an outcome for residential sub-division or a commercial development outcome including service station. Information on each development approval can be provided on request, and public information is available via the development application numbers below.
-DA 571-037-19: Petrol Filling Station and shop, 5 other Tenancies, carparking and infrastructure.
-DA 571-059-20: 18 Dwellings and ancillary development.
-DA 571-D010-919: Sub-division into two allotments.
Further key attributes include:
- 7,731sqm* site area offering flexibility of outcomes
- High profile corner location
- 140m* frontage along Ferry Rd
- Significant development potential
- Existing DA approval for residential and commercial outcomes
- Zoned Township
2 George Mason Street, Wellington East is offered for sale by Private Treaty.
*approx.
Property History for 2 George Mason St, Wellington East, SA 5259
- 30 Nov 2022Transferred for $423,500
- 03 Jun 2022Listed for Sale Please contact agent
- 14 Apr 2021Listed for Sale Contact Agent
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0About Wellington East 5259
The size of Wellington East is approximately 59.3 square kilometres. There is 1 park, covering nearly 1.6% of the total area. The population of Wellington East in 2016 was 169 people. By 2021 the population was 291 showing a population growth of 72.2% in the area during that time. The predominant age group in Wellington East is 60-69 years. Households in Wellington East are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wellington East work in a managers occupation.In 2021, 80.10% of the homes in Wellington East were owner-occupied compared with 75.00% in 2016.
Wellington East has 560 properties. Over the last 5 years, Houses in Wellington East have seen a 114.89% increase in median value. As at 30 June 2026:
- The median value for Houses in Wellington East is $561,507 while the median value for Units is $517,263.
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