Introducing an exceptional development opportunity brought to you by Chirag Chavda from Wemark Real Estate. Located at 5 Gwinganna Crescent in Holden Hill, this property offers immense potential and is perfectly suited for a range of buyers, particularly investors, developers, and individuals seeking to renovate or flip their first investment property.
Prepare yourself for a rare chance to enhance the value of this property according to your preferences. Presently, it boasts a spacious 3-bedroom house complemented by a generous garage/workshop. With a potential rental income of $550 per week, this home can provide a steady stream of revenue while you organize and obtain the necessary building plans.
Nestled within the burgeoning suburb of Holden Hill, this location promises a prosperous future. Just a short 6-minute drive away, you'll find the shopping and entertainment hub of Tea Tree Plaza. Bentley Reserve, offering delightful recreational activities and a popular dog park, is conveniently situated nearby, ensuring ample fun and exercise opportunities. Top-tier schools such as Kildare College, Avenues College, and St Paul's College are also within close proximity.
Situated merely 12 km from the Adelaide CBD, the timing and positioning of this property couldn't be more perfect. Don't let this golden opportunity slip away; seize it now and relish the rewards that await.
Key features of this remarkable home include:
3 bedrooms
1 bathroom
Spacious shed
Carport for one vehicle
RLA286049
Disclaimer: All information provided ( included but not limited to the properties land size, floor plan, and floor size, building age and general property description) has obtained from sources deemed reliable however we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own inquiries and obtain their own legal advice. Grass in this listing is for illustration purposes only.
The size of Holden Hill is approximately 1.9 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Holden Hill in 2011 was 3,176 people. By 2016 the population was 3,301 showing a population growth of 3.9% in the area during that time. The predominant age group in Holden Hill is 30-39 years. Households in Holden Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Holden Hill work in a professional occupation. In 2011, 60.7% of the homes in Holden Hill were owner-occupied compared with 61.5% in 2016.
Holden Hill has 2,058 properties. Over the last 5 years, Houses in Holden Hill have seen a 89.50% increase in median value, while Units have seen a 85.45% increase. As at 31 July 2024:
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