OFF MARKET

4-6 Wakefield Street
Kent Town SA 5067

Bedrooms: 17
Bathrooms: 9
Car spaces: 10
Land area: 969m2
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Property Details for 4-6 Wakefield St, Kent Town

4-6 Wakefield St, Kent Town is a 17 bedroom, 9 bathroom Unit with 10 parking spaces and was built in 1972. The property has a land size of 969m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
Unit
Year Built
1972
Land Size
969m2
Local Government
Norwood Payneham & St Peters
Lot/Plan
A297/F211893

Last Listing description (March 2020)

Superbly located on a large allotment of approximately 969sqm with valuable frontage to both Wakefield and Little Angas Streets, this group of units is just a short stroll through the East Parklands to the CBD.

A total of 9 units comprising of 8 two bedroom units and 1 one bedroom unit, the majority with recent upgrades to kitchens, bathrooms and flooring, each with either a split system or ducted reverse cycle air-conditioning. All with allocated parking, 7 of which are undercover and with auto roller doors.

All 9 units are currently leased with an approximate total rental of $130,000 per annum making this an ideal addition to your property portfolio.

Positioned within such close proximity to the City as well as the ever popular Norwood Parade, this is a rare and exciting chance to secure your future nest egg within a highly sought after suburb.

Offers close Tuesday, 18th February 2020 at 5pm.

For further information or to arrange an inspection please contact Matt Scarce on 0411 185 205 or Carlos Carosi on 0402 561 416.

Property Code: 1535

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Property History for 4-6 Wakefield St, Kent Town, SA 5067

A timeline of how this property has performed in the market
Last Sold
$2,325,000
08 Apr 2020
  • 08 Apr 2020
    Sold for $2,325,000
  • 28 Jan 2020
    Listed for Sale Contact Agent
  • 17 Dec 2019
    Transferred

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About Kent Town 5067

The size of Kent Town is approximately 0.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Kent Town in 2011 was 1,199 people. By 2016 the population was 1,234 showing a population growth of 2.9% in the area during that time. The predominant age group in Kent Town is 20-29 years. Households in Kent Town are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kent Town work in a professional occupation. In 2011, 34.3% of the homes in Kent Town were owner-occupied compared with 35% in 2016.

Kent Town has 1,117 properties. Over the last 5 years, Houses in Kent Town have seen a 80.56% increase in median value, while Units have seen a 55.16% increase. As at 31 October 2024:

  • The median value for Houses in Kent Town is $1,657,011 while the median value for Units is $643,825.
  • Houses have a median rent of $510 while Units have a median rent of $600.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Kent town on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Kent town.

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