2/18 Shannon StreetBirdwood SA 5234
Property Details for 2/18 Shannon St, Birdwood
2/18 Shannon St, Birdwood is a 4 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 980m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Birdwood in the last 12 months.
Last Listing description (February 2024)
Welcome to a remarkable investment opportunity, featuring two homes on a single title, one currently occupied. 1 gets $390 the other recently tenanted at $430 per week. All on only1 title, with 1 lot of rates.
Additionally, there was a previous approval for the construction of two more homes, although this approval has since lapsed and would be subject to current planning consents. It's worth noting that all the necessary services, water pipes, junctions, and septic system engineering have been put in place to accommodate the construction of four homes.
Nestled at Lot 2 /18 Shannon Street, Birdwood, this property offers an exceptional investment opportunity in the heart of a thriving community of Birdwood.
This expansive lot presents a unique prospect for investors and developers alike. With two existing homes 2 and 2A already in place and the potential for 1 more (STPC)
This property offers a perfect blend of immediate returns and future development possibilities. (STPC)
Both of the existing homes are currently rented, ensuring a consistent stream of rental income, making it a sound financial investment and providing peace of mind for the buyer.
Convenience is the hallmark of this location, with a Foodland supermarket right next door, making daily grocery shopping a breeze. A quality coffee shop nearby adds to the appeal of this prime location, offering residents a daily dose of caffeine and community.
Birdwood's charm extends beyond the property itself. Located just 28 minutes from Tea Tree Plaza, residents have access to major retail brands and extensive shopping opportunities, making retail therapy easily accessible. Moreover, a short 50-minute drive will take you to the heart of Adelaide's Central Business District, offering the best of urban living within reach.
For families, Birdwood provides excellent educational options, with top-tier primary and high schools in close proximity, ensuring a nurturing environment for children. The National Motor Museum, situated right in front of the property, adds to the cultural allure of this locale, making it an appealing destination for history and automotive enthusiasts.
This outstanding property represents an opportunity that shouldn't be missed by investors and developers. Given its prime location, existing rental income, and potential for further expansion, it's evident that this opportunity won't stay on the market for long. Don't miss your chance to secure a valuable piece of Birdwood's promising future.
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DISCLAIMER: We have in preparing this document using our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA 292129
Property History for 2/18 Shannon St, Birdwood, SA 5234
- 26 Feb 2024Sold for $650,000
- 19 May 2017Transferred for $100,000
- 20 Mar 2017Listed for Rent - Price not available
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0About Birdwood 5234
The size of Birdwood is approximately 49 square kilometres. It has 5 parks covering nearly 0.3% of total area. The population of Birdwood in 2011 was 1,300 people. By 2016 the population was 1,290 showing a population decline of 0.8% in the area during that time. The predominant age group in Birdwood is 50-59 years. Households in Birdwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Birdwood work in a trades occupation. In 2011, 81.2% of the homes in Birdwood were owner-occupied compared with 83.3% in 2016.
Birdwood has 700 properties. Over the last 5 years, Houses in Birdwood have seen a 75.58% increase in median value, while Units have seen a 195.32% increase. As at 30 November 2024:
- The median value for Houses in Birdwood is $749,376 while the median value for Units is $721,806.
- Houses have a median rent of $365.
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