OFF MARKET

1 Verco Avenue
Lower Mitcham SA 5062

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 214m2
Land area: 850m2
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Property Details for 1 Verco Ave, Lower Mitcham

1 Verco Ave, Lower Mitcham is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 850m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
2021
Floor Size
214m2
Land Size
850m2
Local Government
Mitcham
Lot/Plan
A12/D3268

Last Listing description (December 2020)

For one lucky buyer, this is the opportunity to secure your entry into the property market, to buy that first home, that next investment, that place you can do up and make your own, or even subdivide (subject to council consents). With a large 19.8 metre frontage and in a location that is hard to beat, the opportunities here are abundant.

Lower Mitcham is an enviable location, and there's no wonder why. Being a short drive to the CBD, Adelaide International Airport, Flinders University and Hospital and of course our beautiful beaches...all are within a 10-15 minute drive, making life simple and giving you back time to enjoy the important things in life.

This is a home that offers so much, but also gives you numerous options. Get in the architects, call in the builder, phone a friend or two and do the renovation that brings this home into the 21st century. What an opportunity! Of course there's also the land; sitting on approximately 850sqm, seize the day and capture the opportunity where you can dream a little, get creative and build that dream home.

And what a location. Public transport options are located a stone's throw away and shopping is a breeze at nearby Mitcham Square. Not to mention Flinders University, Flinders Medical Centre and Pasadena Green Shopping Centre are all a short drive away. Education options are abundant with Mitcham Primary, Mitcham Girls High, Unley High, Cabra College, Scotch College and more all a short drive away. For dining out there are many options available; The Torrens Arms and Edinburgh Hotel at Mitcham, or any one of the numerous options along Unley Road, just to name a few.

It's our great pleasure to bring this fantastic opportunity to the market. Call Simon Tanner on 0402 292 725 for more information today.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the offices of Tanner real estate for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

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.

Specifications:
CT / 5401/712
Council / City of Mitcham
Zoning / SN - Suburban Neighbourhood\\
Built / 1940
Rates / $1,755.35 p.a.
SA Water / $67.85 p.q.
Sewer / $121.69 p.q.
ESL / $156.65 p.a.

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Property History for 1 Verco Ave, Lower Mitcham, SA 5062

A timeline of how this property has performed in the market
Last Sold
$777,100
18 Dec 2020
  • 18 Dec 2020
    Sold for $777,100
  • 16 Oct 2020
    Listed for Sale $650k Auction (USP) Sat 31 Oct 10AM
  • 11 Nov 1997
    Sold for $60,000

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About Lower Mitcham 5062

The size of Lower Mitcham is approximately 0.9 square kilometres. It has 3 parks covering nearly 1.3% of total area. The population of Lower Mitcham in 2011 was 2,063 people. By 2016 the population was 2,140 showing a population growth of 3.7% in the area during that time. The predominant age group in Lower Mitcham is 50-59 years. Households in Lower Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower Mitcham work in a professional occupation. In 2011, 79.1% of the homes in Lower Mitcham were owner-occupied compared with 79.6% in 2016.

Lower Mitcham has 967 properties. Over the last 5 years, Houses in Lower Mitcham have seen a 75.03% increase in median value, while Units have seen a 80.48% increase. As at 31 December 2024:

  • The median value for Houses in Lower Mitcham is $1,402,720 while the median value for Units is $573,276.
  • Houses have a median rent of $650 while Units have a median rent of $350.
There are currently 1 property listed for sale, and no properties listed for rent in Lower mitcham on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Lower mitcham.

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