OFF MARKET

8 Palomino Road
Auldana SA 5072

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 206m2
Land area: 1550m2
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Property Details for 8 Palomino Rd, Auldana

8 Palomino Rd, Auldana is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1550m2 and floor size of 206m2.

Building Type
House
Year Built
1980
Floor Size
206m2
Land Size
1550m2
Local Government
Burnside
Lot/Plan
A6/D9362

Last Listing description (November 2024)

Privately perched on the crest of a huge 1,560sqm (approx.) block, just off the top of The Parade and boasting breath-taking views across Adelaide's cityscape to the blue sea, 8 Palomino Road is a solar-powered double-storey surprise package with a versatile floorplan that, with some extensive interior renos (STCC) and smart styling, lends itself to contemporary dual living for buyers wanting to accommodate live-in in-laws or give growing teenagers a little independence.

Behind an arch-windowed brick faade lies 2 levels of living - each needing a thorough overhaul - but the spaces are amply proportioned, the bones solid, and views priceless! The block itself needs love; super-sized for suburbia and gently sloping to meet the street below, it awaits a visionary who sees beyond the rambling garden and what was once a tennis court and can picture the sanctuary that could be created to capitalise on this sky-high position.

The home's upper floor comprises a 3-bedroom sleeping wing and interconnected living areas, either side of a central entry foyer. All original, the large kitchen sits between formal and casual dining areas, the former connecting to a spacious lounge and the latter extending onto an open-air timber balcony. There's a main bathroom with shower and tub, while the master has an ensuite, WIR, and south-facing views. Everything's showing its age and awaiting a modern refurb, but the layout works.

The same goes for the lower level which, with refurnishing and maybe remodelling too (STCC) - could comfortably accommodate extended or immediate family members - and guests. As is, this floor is essentially split into sections stemming off another central entry. There's one bedroom between a basic bathroom and a combined living/dining area with the foundations of a kitchenette, and a second accessed via a storage room from the double garage. Elsewhere is a huge games room with a brick built-in servery/bar and a big laundry.

If renos are your passion or you have the means and mojo to engage pro trades to help you realise this home's full potential, any investment made in this blue-chip location on the edge of the Adelaide Hills will be money well spent (STCC). 8 Palomino Road is a stone's throw from Penfold Park, buses to The Parade/city and an easy drive to prestige private schools and vibrant shopping hubs. Seize this chance for a slice of the sweet east-side life!

FEATURES WE LOVE
Super-sized 1,560sqm (approx.) block with a reno-ready (STCC) solid brick 2-storey all-original home positioned to capture sensational views to the city and sea
Dream big and imagine all you could create across 395sqm (approx.) of internal living (STCC)
Upper-level layout offers 3 bedrooms, master ensuite, main bathroom and a kitchen flanked by formal and casual dining rooms as well as a large lounge
Lower-level layout comprises a large games room with brick bar, combined living/dining with kitchenette in waiting, 2 bedrooms, bathroom, laundry, storeroom
Big open-air timber balcony stretches off the casual meals area offering sweeping views
Double garage with additional parks on the front drive
Ducted A/C upstairs and to lower living/dining + bill-busting solar panels
Rock-based landscaping out front, wild gardens extending from the blue-stone patio under the balcony to the old tennis court at the bottom of the block

LOCATION
Coveted sky-high residential enclave overlooking the leafy east
A short stroll to pretty Penfold Park playground/tennis courts and city-bound buses running down The Parade
Zoned for Magill Primary (2 min drive), Charles Campbell College (10 min) and Norwood International (2 min drive) or go private at Pembroke or St Peters Girls
Shop and dine local with a short drive to Foodland at Magill Village
5km to the heart of The Parade and only 2 more into town

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Burnside RLA 334844

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.

Property Details:
Council | Burnside
Zone | Hills Neighbourhood
Land | 1560sqm(Approx.)
House | 440.5sqm(Approx.)
Built | 1981
Council Rates | $2,830.70pa
Water | $323.51pq
ESL | $643.45pa

Property History for 8 Palomino Rd, Auldana, SA 5072

A timeline of how this property has performed in the market
  • 14 Oct 2024
    Listed for Sale CONTRACTED AT AUCTION

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About Auldana 5072

The size of Auldana is approximately 0.6 square kilometres. It has 4 parks covering nearly 8.6% of total area. The population of Auldana in 2011 was 603 people. By 2016 the population was 594 showing a population decline of 1.5% in the area during that time. The predominant age group in Auldana is 50-59 years. Households in Auldana are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Auldana work in a professional occupation. In 2011, 93.6% of the homes in Auldana were owner-occupied compared with 92.8% in 2016.

Auldana has 275 properties. Over the last 5 years, Houses in Auldana have seen a 91.87% increase in median value, while Units have seen a -10.99% decrease. As at 31 October 2024:

  • The median value for Houses in Auldana is $1,921,111 while the median value for Units is $655,532.
There are currently 1 property listed for sale, and no properties listed for rent in Auldana on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Auldana.

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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.