FOR SALE
$1,990,000

4 May Terrace
Kensington Park SA 5068

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1174m2
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Under instructions from the Administrator - Renovate, Rebuild, Repeat!

A Lifetime Location In Line for a Prized Future!
Join Kensington Park's exclusive circle with an opportunity to secure what 'may' be the one lifetime location you've been looking for! In line for a prized future, the property of some 1,174sqm (approx) is nestled among some of the Eastern suburbs' finest real estate.
The original residence c1910 is still standing - the generational 4-roomed double-fronted cottage with a sandstone and red brick facade has been tightly held in the same family. A rear extension was added many years ago, but the property is now in a state of disrepair. However, the opportunity exists to restore the heart of this home, to renovate and extend the cottage (Subject to Planning Consent)- but it is not a project for the faint-hearted!
Alternatively, start again and create your dream family home with room to spread out and include every conceivable extra; or undertake a landmark redevelopment to meet the rising demand for upscale housing and welcome a new era of luxury and style (STPC)
When it comes to nearby amenities, this prized precinct will leave you spoiled for choice. Well serviced by bus routes on nearby Kensington Road, the property is also within steps of the Marryatville Shopping Centre, Hula Hoop Wine Bar and the iconic Regal Cinema.
Enjoy the suburb's burgeoning café scene, the beautiful parks, reserves, ovals and sporting facilities and take advantage of the nearby hospital and medical centres. Prestigious schools are all within reach. Zoned for Marryatville Primary and Norwood International High School; Pembroke College is just down the street and a drive down Kensington Road and Norwood Parade will have you at other elite schools within minutes - including Loreto, St Ignatius and Mary McKillop Colleges.
This highly coveted location is just 10 minutes into the City, and mere moments to both Burnside Village and The Parade - two of Adelaide's most sought-after lifestyle precincts renowned for their curated selection of boutique shopping, fine dining and vibrant café culture.
The true value here lies in the exciting opportunity to reap future rewards.
CT 5877/367
CT 5827/971
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Property Details for 4 May Tce, Kensington Park

4 May Tce, Kensington Park is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1174m2. The place is currently for sale with Ray White Kensington.

Building Type
House
Land Size
1174m2

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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 1,186 properties. Over the last 5 years, Houses in Kensington Park have seen a 71.15% increase in median value, while Units have seen a 62.63% increase. As at 30 November 2024:

  • The median value for Houses in Kensington Park is $1,723,208 while the median value for Units is $660,483.
  • Houses have a median rent of $700 while Units have a median rent of $523.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Kensington park on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Kensington park.

Suburb Insights for Kensington Park 5068

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Ben Nightingale
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Andrew Welch
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Ray White Kensington
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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.