SOLD
Sold on 05 Sep 2024 for $960,000

1/2 South Terrace
Kensington Gardens SA 5068

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 229m2
Sold By
Toop & Toop Norwood
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Property Details for 1/2 South Tce, Kensington Gardens

1/2 South Tce, Kensington Gardens is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 229m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Kensington Gardens in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
102m2
Land Size
229m2
Local Government
Burnside
Lot/Plan
U1/S416

Last Listing description (October 2024)

Experience stylish living and enjoy an effortless lifestyle in this sumptuous and ultra-savvy maisonette style home?encapsulating the gorgeous outlook whilst capitalizing on the northerly aspect, it will be a dream just relaxing and savoring the sunshine on the front timber deck.

Once inside you will be even more pleasantly surprised with the sheer space and uplifting energy it exudes. An open-plan living and dining room is inviting with a modern contemporary feel whilst adjacent is a Alby Turner built kitchen which provides all the essential needed. It has instant appeal with the simple clean lines and complemented with 'Smeg' appliances which includes gas cooktop plus dishwasher, stone counter-tops, extensive storage and a 'Seagull' water purifier.


There are 2 double sized bedrooms with the main complete with a ceiling fan, large walk-in robe and a picture window with stunning views to the park setting. The 2nd bedroom also being so large, has built-in robes with fitted out drawers, an automated block-out blind plus a wall mounted TV. There is also an additional room that exudes such a warm ambience and is perfect to be used as a comfy TV area or maybe home office - it provides a cylinder skylight.

The bathroom is sleek with an on trend calming colour palette and stylish finish which includes a frameless shower cubicle, vanity with stone benchtop, heated towel rack, ample storage and plantation shutters. An added bonus is a music speaker in the shower so you can comfortably sing along to your favourite tune. Adjacent is the separate w.c. also with plantation shutters and featured wall paper which gives it a bit of glam.

There is a lush and leafy private courtyard which absolutely delightful and with the large umbrella shade, it is a perfect area for added outdoor entertaining...

Having such an enviable location and on a corner position, it will be a very popular and extremely in demand! There are so many things to love about this property?enjoy the sounds of the local birdlife whilst taking a casual stroll or immerse yourself in the various facilities available such as the BBQ area plus the local recreational activities which all combine to add to the overall appeal for this stand-out property.

The property is Strata Titled, one of 2 and self-managed.

Desirable features:

R/C ducted air conditioning
Solar system ? 20 panels and is rated to 6kw
Separate laundry
Excellent linen press storage
Cylinder skylight and decorative cornices
Front timber deck overlooking the garden and park setting
Automated watering system
Secure garage with automated panel lift door and side entry from West Terrace
Internal access from garage
Walk to Erindale Shopping Centre and local cafes and eateries
Close proximity to elite schools, transport and The Parade Shopping Precinct

Property History for 1/2 South Tce, Kensington Gardens, SA 5068

A timeline of how this property has performed in the market
Last Sold
$960,000
05 Sep 2024
Listed for Rent
09 Jul 2021
  • 05 Sep 2024
    Sold for $960,000
  • 10 Jul 2024
    Listed for Sale $925,000-$955,000
  • 14 May 2021
    Listed for Rent $602 / week
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About Kensington Gardens 5068

The size of Kensington Gardens is approximately 1.1 square kilometres. It has 1 park covering nearly 16.2% of total area. The population of Kensington Gardens in 2011 was 2,340 people. By 2016 the population was 2,449 showing a population growth of 4.7% in the area during that time. The predominant age group in Kensington Gardens is 20-29 years. Households in Kensington Gardens are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kensington Gardens work in a professional occupation. In 2011, 65.5% of the homes in Kensington Gardens were owner-occupied compared with 64.2% in 2016.

Kensington Gardens has 1,261 properties. Over the last 5 years, Houses in Kensington Gardens have seen a 77.42% increase in median value, while Units have seen a 64.46% increase. As at 31 October 2024:

  • The median value for Houses in Kensington Gardens is $1,629,202 while the median value for Units is $660,036.
  • Houses have a median rent of $690 while Units have a median rent of $510.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Kensington gardens on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Kensington gardens.

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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.