FOR SALE
Auction On-site Saturday 20th July 1:15pm

5 Laurel Crescent
Parafield Gardens SA 5107

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 605m2
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Auction Time
Sat 20 Jul 1:15 pm
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Prime Investment Opportunity In Parafield Gardens!

Seize the day in Parafield Gardens with a spacious 605sqm (approx.) block with a 20.3 metre frontage (approx.) overflowing with possibilities. Offering a fantastic opportunity for subdivision or redevelopment (subject to necessary approvals), this property stands as a golden ticket for developers or investors keen on capitalising on its unbridled potential.
Enclosed within a gated perimeter, the well-sized land embraces a residence currently featuring three bedrooms with polished floorboards throughout. The expansive living room, suitable for family comforts, spans the entire width of the house and includes a split system air conditioner for optimal climate control.
Further enhancing the home's amenities, a second split system unit in the kitchen and combined dining space ensures culinary endeavours and dining are pursued in comfort. The standalone oven and stove anchor the U-shaped kitchen layout, providing a focal point for meal preparation and social interaction.
The residence is serviced by one bathroom, which includes a convenient shower and bathtub combined for household ease, accompanied by a separate toilet adjacent for added practical down time undisrupted.
Complementing the interior utility, a discrete laundry area presents efficient space, offering external access that guides you to the spacious backyard. A simple grassed oasis awaits behind the home, crowned with a side veranda area. Large double gates facilitate car access to the rear, hinting at the expandability of the outdoor surroundings.
Situated in lively Parafield Gardens, close to local amenities and within easy reach of Adelaide's city center, this plot presents an enviable blend of existing residential charm with the entrepreneurial promise of new endeavours. This property invites you to shape the future in a neighbourhood that thrives on growth and transformation.
Additional Features:
Nearby schools include: Endeavour College, Holy Family Catholic School, Parafield Gardens R-7 School, Parafield Gardens High School, Paralowie School, Riverdale Primary School, Salisbury High School, The Pines School, Thomas More College
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.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.

Property Details for 5 Laurel Cres, Parafield Gardens

5 Laurel Cres, Parafield Gardens is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 605m2. The place is currently for sale with Ray White Prospect.

Building Type
House
Land Size
605m2

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About Parafield Gardens 5107

The size of Parafield Gardens is approximately 7.1 square kilometres. It has 40 parks covering nearly 11.3% of total area. The population of Parafield Gardens in 2011 was 15,318 people. By 2016 the population was 16,962 showing a population growth of 10.7% in the area during that time. The predominant age group in Parafield Gardens is 30-39 years. Households in Parafield Gardens are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Parafield Gardens work in a labourer occupation. In 2011, 69.1% of the homes in Parafield Gardens were owner-occupied compared with 68% in 2016.

Parafield Gardens has 7,021 properties.

    There are currently 18 properties listed for sale, and 4 properties listed for rent in Parafield gardens on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Parafield gardens.

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    Adam Humzy
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    Ray White Prospect
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