FOR SALE
$549,950

36 Chesterman Street
Davoren Park SA 5113

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 794m2
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Prime Corner Allotment Approx. 794m

Positioned on a generous corner allotment of approximately 794m�, this three-bedroom contemporary-style home offers an exceptional opportunity for investors or developers. The property, free from easements or encumbrances, is privately set behind tall shrubs and overlooks a tranquil nature reserve.
Currently tenanted on a fixed lease until November 2, 2025, at $335 per week, the home provides a reliable income stream. This makes it an attractive option for those looking to secure approvals for potential subdivision or redevelopment (subject to relevant consents).
The home features three bedrooms, a lounge, an eat-in kitchen, and a partially enclosed rear verandah. Additional amenities include heating and cooling, a bathroom that was upgraded several years ago, and ample yard space complete with a carport and shed.
Conveniently located within close proximity to Broadmeadows Train Station and ideally situated between Elizabeth City Shopping Centre and Munno Para Shopping Centre, the property boasts both accessibility and appeal.
With its size, location, and potential, this property is an excellent opportunity for savvy developers or investors.
Opportunities like this are rare, so act quickly to secure your future project.
Disclaimer:
We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA155355

Property Details for 36 Chesterman St, Davoren Park

36 Chesterman St, Davoren Park is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 794m2 and floor size of 111m2. The place is currently for sale with LJ Hooker Craigmore | Elizabeth.

Building Type
House
Floor Size
111m2
Land Size
794m2

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About Davoren Park 5113

The size of Davoren Park is approximately 3.2 square kilometres. It has 18 parks covering nearly 15.7% of total area. The population of Davoren Park in 2011 was 7,000 people. By 2016 the population was 6,504 showing a population decline of 7.1% in the area during that time. The predominant age group in Davoren Park is 0-9 years. Households in Davoren Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Davoren Park work in a labourer occupation. In 2011, 44.7% of the homes in Davoren Park were owner-occupied compared with 46.3% in 2016.

Davoren Park has 3,440 properties. Over the last 5 years, Houses in Davoren Park have seen a 168.76% increase in median value, while Units have seen a 129.71% increase. As at 31 October 2024:

  • The median value for Houses in Davoren Park is $511,606 while the median value for Units is $417,407.
  • Houses have a median rent of $480 while Units have a median rent of $178.
There are currently 31 properties listed for sale, and 12 properties listed for rent in Davoren park on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Davoren park.

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Corey Voss
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LJ Hooker Craigmore | Elizabeth
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