FOR SALE
1.25m

2 Park Terrace
Gilberton SA 5081

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 240m2
Land area: 506.0062m2
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Endless Possibilities: Historic 1915 Home with a Flexible Floor Plan

Welcome to 2/2 Park Terrace, Gilberton-a beautifully preserved 1915 character home on a generous 494 m² block, offering the perfect blend of old-world charm and modern versatility. With 5 bedrooms, 2 bathrooms, and flexible living arrangements, this property is designed to adapt to your needs.
What makes this home truly unique is its flexible floor plan, offering two distinct options:
Option 1: A grand 5-bedroom, 2-bathroom family home. With spacious rooms, original period features, and plenty of space for growing families, this layout provides the perfect mix of elegance and comfort.
Option 2: Two self-contained dwellings, each with separate entrances. Dwelling 1 features 2 bedrooms and 1 bathroom, ideal as a comfortable primary residence. Dwelling 2 offers 3 bedrooms and 1 bathroom, perfect for use as a rental, guest accommodation, or even a home office. This setup makes it easy to generate extra income or run a business from home while maintaining privacy (STCC).
The home's timeless features include high ceilings, ornate fireplaces, and rich timber floors, all of which add to its charm. The large bathrooms and functional kitchen ensure everyday convenience, while the spacious yard offers room to relax and entertain.
Located in the heart of Gilberton, this home gives you easy access to schools, parks, and all the local amenities, making it the ideal blend of history and practicality.
If you're looking for a home that adapts to your lifestyle, whether for family living, investment, or a work-from-home setup, 2/2 Park Terrace has everything you need.
This property is a true deceased estate, offering a unique opportunity for buyers. As per the instructions of the estate, no price guide has been given, allowing interested parties to explore the potential value based on their own assessment. This is a rare chance to secure a property with significant possibilities, situated within a deceased estate sale process.
RLA 274768 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.

Property Details for 2 Park Tce, Gilberton

2 Park Tce, Gilberton is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 506.0062m2 and floor size of 240m2. The place is currently for sale with One Point Eight Real Estate.

Building Type
House
Floor Size
240m2
Land Size
506.0062m2

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About Gilberton 5081

The size of Gilberton is approximately 0.6 square kilometres. It has 5 parks covering nearly 11.5% of total area. The population of Gilberton in 2011 was 1,365 people. By 2016 the population was 1,435 showing a population growth of 5.1% in the area during that time. The predominant age group in Gilberton is 60-69 years. Households in Gilberton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gilberton work in a professional occupation. In 2011, 57.1% of the homes in Gilberton were owner-occupied compared with 56.1% in 2016.

Gilberton has 830 properties. Over the last 5 years, Houses in Gilberton have seen a 74.57% increase in median value, while Units have seen a 38.83% increase. As at 31 October 2024:

  • The median value for Houses in Gilberton is $1,841,098 while the median value for Units is $573,078.
  • Houses have a median rent of $648 while Units have a median rent of $538.
There are currently 5 properties listed for sale, and no properties listed for rent in Gilberton on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Gilberton.

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Michael Gleeson
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One Point Eight Real Estate
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