390 & 408 King Road, Virginia SA 5120

AUD 3,850,000
For Sale

Property Details

Property Type

Specialist Farm

Description

Property Details: • Type: Specialist Farm

• Bedrooms: 0 • Bathrooms: 0

Description: INSPECTIONS BY APPOINTMENT ! An exceptional landholding opportunity in one of Virginia's most strategically positioned growth precincts, comprising two adjoining 5-acre allotments on separate titles at 390 King Road and 408 King Road, offering a combined 10 acres (approx.) with an impressive 253.2 metres of frontage to King Road. Positioned on a commanding corner allotment and surrounded by expanding residential developments including VIRGINIA GROVE and the SUNFLOWER ESTATE, this property presents significant future development potential (STCC) in a rapidly evolving corridor. With strong road exposure, dual titles and substantial frontage, the flexibility here is outstanding, retain as two separate parcels, landbank, generate holding income, or explore long-term redevelopment options. PROPERTY HIGHLIGHTS: Two separate 5-acre titles (flexibility for staged outcomes) Approx. 253.2m combined road frontage Prominent corner positioning Located within a high-growth corridor Close proximity to shopping amenities and residential expansion Mains electricity and mains water connected Bolivar water allowance available (not connected) Virginia Grove Housing Development - only 2 -3 minutes drive Virginia Shopping Centre & Local Retail Hub - few minutes drive from the property Short drive to The Grove Shopping centre New Riverlea housing development is only few minutes from the property 390 KING RD, VIRGINIA 3-phase power 37 greenhouses / poly houses Well-maintained hardstand shedding 408 KING RD, VIRGINIA Single-phase power 30 greenhouses / poly houses Two dams with fuel pumps 35,000L rainwater tank Well-maintained hardstand shedding Leased until July 2026 - sale includes tenancy The established horticultural infrastructure provides immediate usability and potential income while future plans are explored. All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. RLA 30953

Location

Address

390 & 408 King Road, Virginia SA 5120

City

Virginia

Features and Finishes

None

Legal Notice

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