17 Pepper StreetMagill SA 5072
Property Details for 17 Pepper St, Magill
17 Pepper St, Magill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 734m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (December 2024)
Nestled in the thriving suburb of Magill, this sizeable property presents a unique opportunity for astute investors seeking a high-yield asset with significant capital growth potential. This property combines modern comfort with a future-proof design, catering to both discerning tenants and investors alike.
At the heart of this residence lies a thoughtfully designed layout featuring three, light-filled bedrooms accompanied by a generously proportioned main bathroom, complete with dual shower and double vanity. Complementing these is a private studio retreat?ideal for multigenerational living or as a rental option?boasting an ensuite and a separate entrance. This added flexibility positions the property as a rare gem in today's rental market, appealing to varied tenant demographics, from growing families to professionals seeking shared accommodation with privacy.
Temperature control is effortlessly managed through reverse cycle heating and cooling in the main dwelling and a split-system air conditioner in the studio, ensuring year-round comfort. The home's modern charm is accentuated by dual living areas and a contemporary kitchen abundant in storage options, stainless steel appliances, and an inviting breakfast bar, perfect for entertaining and everyday life alike.
If this ticks the box as the perfect addition to your property portfolio once rented out, tenants are bound to be captivated by the expansive outdoor living space ? A haven for relaxation and entertainment. The alfresco area, featuring privacy screens and serene views of the securely fenced sparkling swimming pool, offers a locale for all-season enjoyment. This low-maintenance sanctuary, set on approximately 734 square metres, promises minimal upkeep while providing ample space for children and pets.
Investment appeal is further enhanced by the property's prime location. Merely moments from the newly refurbished Magill Village, tenants will relish the convenience of local shopping, dining, and recreational options. Additionally, the proximity to elite schooling and efficient public transport links to the CBD open doors for high tenant occupancy rates and attractive rental returns.
This property's combination of strategic location, versatile accommodation options, and lifestyle appeal positions it as a top-tier choice for your investment portfolio. This modern retreat, with its broad tenant appeal and potential for strong financial returns, truly stands out in the competitive Magill market.
Families will appreciate zoning to Magill Primary School and Norwood International High School along with excellent proximity to a range of private schooling options, day care centres, walking trails and recreational hubs for children to explore of a weekend.
Property History for 17 Pepper St, Magill, SA 5072
- 29 Nov 2024Listed for Sale $1,200,000 - $1,300,000
- 14 Aug 2024Listed for Sale Not Disclosed
- 13 Dec 2021Sold for $1,200,000
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0About Magill 5072
The size of Magill is approximately 3.5 square kilometres. It has 18 parks covering nearly 6.4% of total area. The population of Magill in 2011 was 8,229 people. By 2016 the population was 8,845 showing a population growth of 7.5% in the area during that time. The predominant age group in Magill is 30-39 years. Households in Magill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Magill work in a professional occupation. In 2011, 63.3% of the homes in Magill were owner-occupied compared with 65.1% in 2016.
Magill has 4,907 properties. Over the last 5 years, Houses in Magill have seen a 78.38% increase in median value, while Units have seen a 65.87% increase. As at 30 November 2024:
- The median value for Houses in Magill is $1,180,608 while the median value for Units is $622,141.
- Houses have a median rent of $630 while Units have a median rent of $490.
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