OFF MARKET

88 Rundle Street
Kent Town SA 5067

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 135m2
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Last updated 11 Nov 2024
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Property Details for 88 Rundle St, Kent Town

88 Rundle St, Kent Town is a 0 bedroom, 0 bathroom House. The property has a land size of 135m2.

Building Type
House
Land Size
135m2
Local Government
Norwood Payneham & St Peters

Last Listing description (May 2016)

JLL is pleased to offer to the market 88 Rundle Street, Kent town arguably the best residential development site to be offered in the inner metropolitan area in recent times. Comprising 3,640sqm* of prime Kent Town land, the site occupies a commanding position on the south eastern corner of Rundle Street and College Road, with additional frontage to Little Grenfell Street at the rear.
The regular shape of the site and it s three generous street frontages result in a very efficient residential development site, with potential for townhouses, apartments, or a mixture of both (subject to statutory consents). Further, existing buildings have the potential to provide valuable short term income to offset holding costs while development options are assessed.
Situated mid-way between the Adelaide CBD and The Parade, Norwood, the property is in an enviable residential location with public transport readily accessible, major shops, supermarkets and schools nearby and just a short stroll from Rundle Street and all that the city s East End has to offer.

Development sites of this calibre are rarely available in the innereastern suburbs and we strongly endorse this opportunity for your serious consideration. For more information or to arrange an inspection, please contact the exclusive selling agents.
FOR SALE BY EXPRESSIONS OF INTEREST
Closing 4pm Thursday 5 November 2015
JLL
RLA1842

Property History for 88 Rundle St, Kent Town, SA 5067

A timeline of how this property has performed in the market
  • 06 Oct 2015
    Listed for Sale EXPRESSIONS OF INTEREST

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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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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.