OFF MARKET

42 Edward Street
Magill SA 5072

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 698m2
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Property Details for 42 Edward St, Magill

42 Edward St, Magill is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1958. The property has a land size of 698m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1958
Floor Size
114m2
Land Size
698m2
Local Government
Campbelltown
Lot/Plan
A2/D5764

Last Listing description (June 2023)

Your big ideas and DIY abilities will transform this understated gem into the belle of the ball. There is immense potential here, particularly considering the approx. 698sqm block of land and the desirable location, so be fast to get in touch and register your interest.

Upon arrival you're greeted by an approx. 15.24m of street frontage, complementing a block that's 45.72m deep. Morning sun is maximised thanks to the north-south orientation, and a long driveway leads to a covered carport adjacent to the brick faade.

This home represents a prime renovation or extension opportunity (STCC), while the original property is also still in a liveable condition. You can move in and assess your options, spending time figuring out what needs to be done.

Alternatively you can redevelop this block into commercial warehouse, office, consulting room, shop, store or light industry (STCC).

There are three bedrooms, a living room and an open-plan kitchen and meals area, all serviced by a main bathroom. There's also a large back yard to enjoy, complete with rumpus area and shed.

Ultimately, this is an opportunity to enter the leafy and lush eastern locale of Magill with a property you can put your own personal stamp on. It's zoned for light industrial and comes with development approval for a garage and shed. The location is perfect:

- Magill Primary and the University of South Australia campus are within walking distance.
- Only a 15-minute drive to the CBD.
- School zoning is for Magill Primary School and Norwood Morialta High School.
- Penfolds Magill Estate and the breath-taking Adelaide Hills are an easy commute, as is the Parade Norwood.
- There is plenty of public transport in easy reach, as well as a Foodland and multiple cafes, shops and parks.

For more information on this unique offering, get in touch with Sinova today.

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Property History for 42 Edward St, Magill, SA 5072

A timeline of how this property has performed in the market
Last Sold
$850,000
02 Sep 2022
Listed for Rent
$575/w
21 Feb 2023
  • 02 Sep 2022
    Sold for $850,000
  • 26 Jul 2022
    Listed for Rent $450 / week
  • 05 May 2022
    Listed for Sale Contact Agent
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About 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.
There are currently 17 properties listed for sale, and 12 properties listed for rent in Magill on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in Magill.

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