25/27 Percy St, Cheltenham is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 189m2.
Development site approved! retain as an investment for later
####This property is Under Contract#######Approval for 6 new homes to be constructed in this prime location adjacent to the new St Clair development, with wet lands - parks, shopping centre and new train station taking you into the City within 20 minutes.Currently two existing homes that are both leased.25 Percy Street let for $340pwk27 Percy Street let for $290pwkA great opportunity to sit on the two properties and develop the sites later making this a prime superannuation plan. ORLive in one home and rent the other property out !There are several options to consider but the best option is to secure these two properties now!The total land area is 2048 metres square and the location is approximately 10KLM from the Adelaide CBD and a 15 minute drive to the Beach or West Lakes.
The size of Cheltenham is approximately 1.1 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Cheltenham in 2011 was 2,139 people. By 2016 the population was 2,181 showing a population growth of 2.0% in the area during that time. The predominant age group in Cheltenham is 50-59 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 73.4% of the homes in Cheltenham were owner-occupied compared with 74.8% in 2016.
Cheltenham has 1,109 properties. Over the last 5 years, Houses in Cheltenham have seen a 95.59% increase in median value, while Units have seen a 80.78% increase. As at 31 October 2024:
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