SOLD
RECENT ADVICE
Sold on 08 Oct 2024 for $1,625,000

35 Rugby Street
Kingswood SA 5062

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 140m2
Land area: 793m2
Sold By
Smallacombe Real Estate Mitcham
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Property Details for 35 Rugby St, Kingswood

35 Rugby St, Kingswood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 793m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Kingswood in the last 12 months.

Building Type
House
Year Built
1925
Floor Size
140m2
Land Size
793m2
Local Government
Mitcham
Lot/Plan
A18/D2950

Last Listing description (October 2024)

Nestled in the picturesque suburb of Kingswood, 35 Rugby Street presents a rare and exciting opportunity for those with a vision for transformation. This 1925 sandstone-fronted Bungalow, known for its generous proportions and timeless charm, sits on an expansive 775sqm (approx.) corner allotment.

While the property is in need of extensive renovation, it offers a unique canvas for creating a dream home or the potential to exploit the development of the landholding (subject to consents).

The Bungalow's classic sandstone faade and quite commanding presence on the corner allotment augurs well and the flexibility of entry from Brenchley Grove expands the possibilities around best use of this advantage. Inside, the spacious layout awaits a creative touch to restore its former glory. High ornate ceilings, large main rooms, feature windows and original timberwork fretwork and fireplaces, provide a strong foundation for a stunning renovation. The potential to blend old-world charm with modern amenity is a compelling aspect for any renovator or investor.

The less obvious value of 35 Rugby Street extends beyond the walls of the existing structure. The substantial 775sqm (approx.) allotment opens up a world of possibilities. For developers, the property offers the potential for sub-division into two or even three new allotments (subject to consents), making it a prime investment/development opportunity. Alternatively, for those looking to expand the existing home, there is ample space for a large extension, allowing for the creation of a bespoke residence tailored to contemporary living needs.

Location is another key highlight of this property. A leisurely stroll leads to the vibrant Mitcham Shopping Centre, where a variety of shops, cafes, movie theatres, and essential services are conveniently located. Medical facilities are also within easy reach, ensuring that all general and specialist healthcare needs are met. Walk around the corner to the iconic Torrens Arms (TA) Hotel for your culinary or imbibing needs will be a drawcard for many. Despite the tranquil, suburban setting, the dynamic heart of Adelaide's CBD is only a 15-minute drive away, providing seamless access to the city's amenities and attractions. The Mitcham railway to the CBD or Belair, is also a leisurely walk away.

In summary, 35 Rugby Street Kingswood offers a blend of historical charm and modern potential. Whether you are a renovator looking to restore a beautiful Bungalow, a developer eyeing sub-division opportunities (subject to consents), or a homeowner dreaming of a custom extension, this property provides the perfect backdrop for your ambitions.

Don't miss the chance to breathe new life into this distinguished home and create an investment legacy for the future.

Council: City of Mitcham
Council Rates: $3,104.50 per annum
SA Water: $288.53 per quarter
ESL: $245.45 per annum
Land Size: 775sqm (approx.)
Year Built: 1925
Zoning: General Neighbourhood

Disclaimer: The information provided is sourced from materials we consider reliable, but we do not guarantee its accuracy and disclaim any responsibility for errors or omissions (including but not limited to land size, floor plans, building dimensions, age, and condition). Any person viewing this information should conduct their own investigations and seek independent legal and financial advice. If this property is listed for auction, the Vendor's Statement will be available for review at our Mitcham office during the three business days prior to the auction, and at the auction site for 30 minutes before the auction commences. RLA | 1520

Property History for 35 Rugby St, Kingswood, SA 5062

A timeline of how this property has performed in the market
Last Sold
$1,625,000
08 Oct 2024
  • 08 Oct 2024
    Sold for $1,625,000
  • 13 Aug 2024
    Listed for Sale $1.25m

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About Kingswood 5062

The size of Kingswood is approximately 1 square kilometres. It has 4 parks covering nearly 4.1% of total area. The population of Kingswood in 2011 was 2,354 people. By 2016 the population was 2,299 showing a population decline of 2.3% in the area during that time. The predominant age group in Kingswood is 10-19 years. Households in Kingswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingswood work in a professional occupation. In 2011, 73.3% of the homes in Kingswood were owner-occupied compared with 72.8% in 2016.

Kingswood has 1,069 properties. Over the last 5 years, Houses in Kingswood have seen a 85.18% increase in median value, while Units have seen a 68.82% increase. As at 31 October 2024:

  • The median value for Houses in Kingswood is $1,722,822 while the median value for Units is $584,030.
  • Houses have a median rent of $660 while Units have a median rent of $493.
There are currently 1 property listed for sale, and 2 properties listed for rent in Kingswood on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Kingswood.

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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.