38 Parkinson Ave, South Turramurra is a 5 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 933m2. While the property is not currently for sale or for rent, it was last sold in December 1994.
Rarely does an opportunity like this exist to purchase an extraordinarily versatile 933sqm landholding within a tightly held leafy Turramurra enclave.Currently configured for approved fully self-contained dual occupancy living with separate entry, the property affords exceptional investment potential as well as the option to easily reconvert to a sizeable two storey multi-generational family home if desired. Framed by ultra-private gardens on the high side of a whisper quiet locale, its sought after lifestyle address opposite Hicks Avenue Reserve is an easy 650m stroll to Turramurra Public School, footsteps to bus services and walking distance to local shops. Freshly schemed with enormous scope to further update and capitalise, move in to one and rent out the other or reconfigure to an expansive family haven – the choice is yours.* Upper-level residence features vast open plan living/dining with reverse cycle air * Well equipped open plan kitchen fitted with dual Miele dishwashers and gas cooktop * Two oversized bedrooms with leafy vistas, master with kitchenette, ensuite and robes * Open plan study area, new Merbau entertaining deck and low maintenance backyard* The lower-level property features three good-sized bedrooms, including a master suite * Generous L-shaped living/dining with reverse cycle air and French doors to verandah * Lush easy-care lawns, workshop/storeroom plus under-house storage and garden shed * 8 solar panels, skylights, ceiling fans, single carport plus two off-street parking bays * Ultra-private elevated setting a leisurely stroll to South Turramurra Shopping Centre * Exceptional passive income potential with boundless scope to further capitalise * 2 x solar hot water systems installed on roof (1x 300L & 1x 180L)
The size of South Turramurra is approximately 3.1 square kilometres. It has 11 parks covering nearly 53.1% of total area. The population of South Turramurra in 2011 was 2,974 people. By 2016 the population was 3,087 showing a population growth of 3.8% in the area during that time. The predominant age group in South Turramurra is 40-49 years. Households in South Turramurra are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Turramurra work in a professional occupation. In 2011, 90.1% of the homes in South Turramurra were owner-occupied compared with 90.3% in 2016.
South Turramurra has 1,150 properties. Over the last 5 years, Houses in South Turramurra have seen a 52.25% increase in median value, while Units have seen a 34.40% increase. As at 30 September 2024:
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