OFF MARKET

393/393 Torrens Road
Kilkenny SA 5009

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
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Last updated 11 Nov 2024
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Property Details for 393/393 Torrens Rd, Kilkenny

393/393 Torrens Rd, Kilkenny is a 4 bedroom, 2 bathroom House with 3 parking spaces.

Building Type
House
Local Government
Charles Sturt

Last Listing description (November 2021)

Unique opportunity to secure a highly versatile site; commercial, residential or re-development!

Property is being sold as a commercial property and as a 'going concern'.

Situated on a versatile corner allotment of some 848m2, with frontages to Torrens Road & Copley Street, and offering potential for redevelopment (stcc). This unique offering comprises a double brick C1950's residential home & commercial shop front, with exceptional potential to renovate and live in, utilise as a commercial property to collect a steady rental income or redevelop into multiple dwellings (stcc).

Residential Property:

- Four spacious bedrooms, large eat-in kitchen, formal dining & lounge + two bathrooms
- Character features throughout, including decorative wood panelling
- Dual street access from Torrens Road and Copley Street, with verandah accessed from Copley Street
- Established fruit trees, low maintenance gardens, extensive shedding
- Large rumpus room with kitchenette & open fireplace
- Generous shed at the rear of the property with concrete floors
- Garaging & carport space for up to four vehicles
- Other features of the home include roller shutters & gas hot water service
- Would respond well to a sympathetic renovation & update
- Well positioned with popular schools, public transport, shopping facilities & parks nearby

Commercial Property:

- Versatile space with up to four main rooms plus kitchenette & bathroom
- Carpeted floors & split system air conditioning in the office portion
- Commanding street presence to Torrens Road
- Carport space for up to two cars accessed via Copley Street
- 89m2 (approximately) of NLA
- Potential to combine with residential property to create a larger commercial space
- Currently there is an informal agreement in place with the tenant
- Currently utilised as a bedding & manchester store
- Popular business corridor with exceptional facilities nearby

Please note: whilst every care has been taken to obtain accurate information, Ray White Unley is not responsible for any errors with this information. It is recommended that any prospective purchaser conduct their own due diligence to ensure they are fully aware of stamp duty & GST outcomes with what they are purchasing.

Property History for 393/393 Torrens Rd, Kilkenny, SA 5009

A timeline of how this property has performed in the market
  • 01 Nov 2021
    Listed for Sale Contracted At Auction By Daniel Seach

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About Kilkenny 5009

The size of Kilkenny is approximately 1.1 square kilometres. It has 2 parks covering nearly 0.8% of total area. The population of Kilkenny in 2011 was 1,633 people. By 2016 the population was 1,641 showing a population growth of 0.5% in the area during that time. The predominant age group in Kilkenny is 40-49 years. Households in Kilkenny are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kilkenny work in a professional occupation. In 2011, 62.2% of the homes in Kilkenny were owner-occupied compared with 60.6% in 2016.

Kilkenny has 905 properties. Over the last 5 years, Houses in Kilkenny have seen a 90.28% increase in median value, while Units have seen a 80.30% increase. As at 31 October 2024:

  • The median value for Houses in Kilkenny is $913,942 while the median value for Units is $556,764.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 1 property listed for sale, and 2 properties listed for rent in Kilkenny on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Kilkenny.

Suburb Insights for Kilkenny 5009

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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.