OFF MARKET

6/389 Glynburn Road
Kensington Park SA 5068

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 17m2
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Property Details for 6/389 Glynburn Rd, Kensington Park

6/389 Glynburn Rd, Kensington Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 17m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1965
Floor Size
85m2
Land Size
17m2
Local Government
Burnside
Lot/Plan
U6/S2211

Last Listing description (June 2023)

Contact Agent

This neat, spacious and low maintenance solid brick two-bedroom unit is situated in a great convenient lifestyle location. Currently tenanted for a further year on a fixed lease at $380 per week until the 1/5/24, just continue to reap the rental return whilst enjoying the continued growth in the property market and in the highly sought-after eastern suburbs.

Nicely positioned in a small group of six on a quiet side-street and accessed from Guilford Street away from Glynburn Road. Within walking distance to local reserves, shops, cafes and eateries, schools and transport, everything you need is right here and at your convenience.

Suitable for investors looking for an easy-care acquisition with continued generous returns and or for someone looking to make into their own and owner occupy at some stage in the future.

Features include:
- Excellent investment property with future owner occupier potential
- Solid brick
- Good size bedrooms with built-in cupboards
- Easy side street access
- Spacious dining / lounge with bay window
- Updated kitchen
- High ceilings
- Main bathroom with bath and separate shower
- Separate laundry accessed from rear porch
- Gas heating
- Evaporative cooling
- Single garage
- Shared rear yard
- Lock up and leave low maintenance

What a great location nestled between Kensington Gardens Reserve and the Kensington Oval, both outstanding spaces for your daily exercise and recreation. With public transport at your doorstep, Erindale Shopping Centre just a short walk around the corner for your daily needs and your choice of The Parade, Marryatville & Burnside Shopping Centres, for all your shopping, eating and entertainment needs.

Don't miss out on this great opportunity on offer. To register your interest, for further information or to be kept updated on the Best Offer campaign, please contact Xavier Davey on 0422 001 529.

CT / 5059 / 869
Year built / 1965
Council / Burnside
Council Rates / $930.70 p.a.
SA Water / $281.65 p.q.
ESL / $102.65 p.a.
Strata Fees / $400.00 p.q.

Speak to TURNER Property Management about managing this property.
#expectmore
RLA 62639

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Property History for 6/389 Glynburn Rd, Kensington Park, SA 5068

A timeline of how this property has performed in the market
Last Sold
$400,000
30 Jun 2023
Listed for Rent
$350/w
26 Mar 2021
  • 30 Jun 2023
    Sold for $400,000
  • 15 May 2023
    Listed for Sale $369,000 - $399,000
  • 18 Mar 2021
    Listed for Rent $350 / week
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About Kensington Park 5068

The size of Kensington Park is approximately 1.1 square kilometres. It has 5 parks covering nearly 10.4% of total area. The population of Kensington Park in 2011 was 2,492 people. By 2016 the population was 2,529 showing a population growth of 1.5% in the area during that time. The predominant age group in Kensington Park is 10-19 years. Households in Kensington Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kensington Park work in a professional occupation. In 2011, 70.3% of the homes in Kensington Park were owner-occupied compared with 69.7% in 2016.

Kensington Park has 1,182 properties. Over the last 5 years, Houses in Kensington Park have seen a 70.41% increase in median value, while Units have seen a 60.15% increase. As at 31 October 2024:

  • The median value for Houses in Kensington Park is $1,701,291 while the median value for Units is $648,672.
  • Houses have a median rent of $720 while Units have a median rent of $530.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Kensington park on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Kensington park.

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