SOLD
Sold on 16 Apr 2024 for $1,550,000

304 Kensington Road
Leabrook SA 5068

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Land area: 871m2
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Property Details for 304 Kensington Rd, Leabrook

304 Kensington Rd, Leabrook is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1910. The property has a land size of 871m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Leabrook in the last 12 months.

Building Type
House
Year Built
1910
Land Size
871m2
Local Government
Burnside
Lot/Plan
A71/D71970

Last Listing description (May 2024)

Auction Location: on site

Sensational Near Original Edwardian Freestone Villa with Unlimited Potential on Fabulous Landholding with Rear Access

One of last remaining original villas in the prestigious and much coveted suburb of Leabrook has come onto the market for the first time in a century.

Sited on a generous 861 sqm block (approx) with a 14.79 m frontage (approx) and an abundance of character laden details, the great attraction of this substantial home is the opportunity to renovate and extend, perhaps include a pool and pergola and garage a stable of cars via rear access from Perry Lane.

With its pedigree bones - gorgeous freestone on three sides, original stunning stained glass, high ornate ceilings and seven large rooms that lead off the impressive central arched hallway, there is unlimited potential to create a 2024 masterpiece within a suburb renowned for its multi-million dollar residential sales.

The front door is surrounded by hand painted leadlight and stained glass and there are other wonderful stained glass panels and windows throughout the home.

The sitting room features an original cast iron fire surround that is bordered by beautiful original tiles and there are other fireplaces in three other rooms.

At the end of the hallway, a secondary hallway leads to a large bathroom and preserves room. There is also a cellar at the back of the house and an outside wc.

The opportunity to buy a blank canvas in the heart of Leabrook, renovate, extend or even subdivide (STPC) makes this property immediately attractive to owner occupiers, flippers, developers and investors.

The back door opens into a deep back garden and rear access for off street parking and drone photography identifies that a second floor extension could include city views.

Homes like this are generational purchases so the opportunity to seize such a property is becoming increasingly rare. I look forward to discussing its potential with you at one of the opens inspections over the next two and a half weeks.

AUCTION: Saturday, 17th February at 12:30pm, on site (USP) - CONTRACTED AT AUCTION

CT: Volume 5987 Folio 436
Council: City of Burnside
Council Rates: $2,129.10 per annum (approx)
Water Rates: $266.08 per quarter (approx)
Land Size: 861 square metres (approx)

To Pre-register for Auction or to make an offer if applicable
https://prop.ps/l/LQmS85KYP6Xf
(Please copy and paste the link into your browser)

LJ Hooker Kensington | Unley provide a service called Auction Pay which allows you to pay your deposit online, on the spot at Auction, rather than having the hassle of arranging payment by cheque. Please contact Chrissy Esau to find out more about this service.

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Property History for 304 Kensington Rd, Leabrook, SA 5068

A timeline of how this property has performed in the market
Last Sold
$1,550,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $1,550,000
  • 31 Jan 2024
    Listed for Sale Sold

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About Leabrook 5068

The size of Leabrook is approximately 0.6 square kilometres. It has 4 parks covering nearly 2.6% of total area. The population of Leabrook in 2011 was 1,554 people. By 2016 the population was 1,588 showing a population growth of 2.2% in the area during that time. The predominant age group in Leabrook is 70-79 years. Households in Leabrook are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Leabrook work in a professional occupation. In 2011, 64.5% of the homes in Leabrook were owner-occupied compared with 60.7% in 2016.

Leabrook has 625 properties. Over the last 5 years, Houses in Leabrook have seen a 52.02% increase in median value, while Units have seen a 58.23% increase. As at 31 October 2024:

  • The median value for Houses in Leabrook is $2,026,869 while the median value for Units is $636,864.
  • Houses have a median rent of $660 while Units have a median rent of $410.
There are currently 5 properties listed for sale, and 1 property listed for rent in Leabrook on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Leabrook.

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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.