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Sold on 29 Apr 2024 - Price Unavailable

2 Park Road
Kensington Park SA 5068

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 261m2
Land area: 681m2
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Property Details for 2 Park Rd, Kensington Park

2 Park Rd, Kensington Park is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 681m2 and floor size of 261m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Kensington Park in the last 12 months.

Building Type
House
Floor Size
261m2
Land Size
681m2
Local Government
Burnside
Lot/Plan
A55/F141116

Last Listing description (April 2024)

Introducing a prime opportunity in Kensington Park! Nestled at 2 Park Road, this property presents a rare chance to secure a sizable allotment in a highly sought-after locale. Boasting an original 3-bedroom, 1-bathroom, 1-car dwelling on 681sqm, this offering is ideal for savvy investors and developers.

Situated on a corner block with impressive dimensions, featuring a 15.24m frontage to Park Road and a 44.72m frontage to Shipsters Road, this property exudes potential. While the existing home holds historical charm, its true value lies in the land.

Strategically positioned just 6km from the Adelaide CBD, Kensington Park strikes the perfect balance between urban convenience and suburban serenity. Residents enjoy easy access to a plethora of local amenities, including the vibrant Norwood Parade renowned for its eclectic mix of cafes, restaurants, and boutique shops.

For those seeking convenience, public transport options are readily available, ensuring seamless connectivity to the city and beyond. Moreover, a short commute leads to the prestigious Burnside Village, offering a premium shopping experience.

Nature enthusiasts will delight in the abundance of nearby parks and reserves. From the tranquil Waterfall Gully Reserve to the scenic Mount Lofty hiking trail, there's no shortage of outdoor adventures to embark on.

Located within the sought-after zones of Marryatville Primary School and Norwood International High School, or Pembroke School is just a brief 5-minute walk away.

With its generous frontage, this property beckons those with a vision. Whether you're dreaming of constructing your ideal home or exploring subdivision possibilities, the potential here is limitless. (STCC)

Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 322799

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Property Details:
Council | BURNSIDE
Zone | EN - Established Neighbourhood\\
Land | 681sqm(Approx.)
House | 261sqm(Approx.)
Built | 1910
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa

Property History for 2 Park Rd, Kensington Park, SA 5068

A timeline of how this property has performed in the market
Last Sold
29 Apr 2024
  • 26 Jul 2024
    Sold for $1,652,000

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About Kensington Park 5068

The size of Kensington Park is approximately 1.1 square kilometres. It has 5 parks covering nearly 10.4% of total area. The population of Kensington Park in 2011 was 2,492 people. By 2016 the population was 2,529 showing a population growth of 1.5% in the area during that time. The predominant age group in Kensington Park is 10-19 years. Households in Kensington Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kensington Park work in a professional occupation. In 2011, 70.3% of the homes in Kensington Park were owner-occupied compared with 69.7% in 2016.

Kensington Park has 1,182 properties. Over the last 5 years, Houses in Kensington Park have seen a 71.68% increase in median value, while Units have seen a 66.98% increase. As at 30 September 2024:

  • The median value for Houses in Kensington Park is $1,679,801 while the median value for Units is $670,514.
  • Houses have a median rent of $735 while Units have a median rent of $520.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Kensington park on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Kensington park.

Suburb Insights for Kensington Park 5068

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Nick Borrelli
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Andrew Mayne
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Ray White Campbelltown
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.