OFF MARKET

2 East Parkway
Colonel Light Gardens SA 5041

Bedrooms: 3
Bathrooms: 3
Car spaces: 5
Floor area: 302m2
Land area: 1144m2
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Property Details for 2 East Pkwy, Colonel Light Gardens

2 East Pkwy, Colonel Light Gardens is a 3 bedroom, 3 bathroom House with 5 parking spaces and was built in 1925. The property has a land size of 1144m2 and floor size of 302m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1925
Floor Size
302m2
Land Size
1144m2
Local Government
Mitcham
Lot/Plan
A263/D2955

Last Listing description (December 2020)

Traditionally, "Feature Homes" were positioned on corner allotments - as a Statement-Piece or a 'welcome' to the suburb.

And so it is that this 1926 Freestone/Tudor-style "Gentleman's Residence" (on 1214sqm approx)- with high peaked, terracotta-tile roof; Roman-columns and Terrazzo return-verandah; delivers all the hallmarks of being the "top shelf" signature home for Colonel Light Gardens.

Over-the-journey much has changed. A significant addition in the 1960's were (then) Dentist's Rooms - complete with own entry, reception, storeroom and 3 consulting rooms. And a stand-alone 'workshop' completed the Professional-Attachment. These are now presented as additional bedrooms and/or to-be-upgraded work-from-home small business.

As well, the home was modernised circa 1970's in which few (if any), of the character features (skirting boards, cornices, rosework etc) now remain. Additionally and/or concurrently, several areas simply need to be "brought into the 21st Century"; and the new kitchen bears testimony to what you can deliver.
The main home is currently set up as 5 bedrooms and 2 bathrooms plus office

There is also undercover, secure parking for three vehicles; and additional off-street parking- along with a substantial additional building (retreat, storeroom etc)

This then is the challenge. Renovate in a contemporary style? Or re-introduce the character features? And how best to utilise all the rooms?
Do you create two separate living areas; vary the internal layout or re-establish the professional rooms? You are but limited by your imagination.

Whatever option you choose, you will be well rewarded, by re-establishing No 2 East Parkway as arguably the finest home in Colonel Light Gardens.

Set for Auction on Saturday 11am 7 November - And will sell!

Property History for 2 East Pkwy, Colonel Light Gardens, SA 5041

A timeline of how this property has performed in the market
Last Sold
$1,100,000
24 Dec 2020
  • 24 Dec 2020
    Sold for $1,100,000
  • 20 Oct 2020
    Listed for Sale Contact Agent
  • 28 Feb 2001
    Sold for $425,000

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About Colonel Light Gardens 5041

The size of Colonel Light Gardens is approximately 1.5 square kilometres. It has 10 parks covering nearly 8.4% of total area. The population of Colonel Light Gardens in 2011 was 3,311 people. By 2016 the population was 3,365 showing a population growth of 1.6% in the area during that time. The predominant age group in Colonel Light Gardens is 40-49 years. Households in Colonel Light Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Colonel Light Gardens work in a professional occupation. In 2011, 86% of the homes in Colonel Light Gardens were owner-occupied compared with 85.8% in 2016.

Colonel Light Gardens has 1,242 properties. Over the last 5 years, Houses in Colonel Light Gardens have seen a 86.98% increase in median value, while Units have seen a 37.55% increase. As at 31 October 2024:

  • The median value for Houses in Colonel Light Gardens is $1,272,629 while the median value for Units is $433,176.
  • Houses have a median rent of $650 while Units have a median rent of $250.
There are currently 2 properties listed for sale, and no properties listed for rent in Colonel light gardens on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Colonel light gardens.

Suburb Insights for Colonel Light Gardens 5041

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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.