OFF MARKET

3 Farne Terrace
Marion SA 5043

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 141m2
Land area: 709m2
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Property Details for 3 Farne Tce, Marion

3 Farne Tce, Marion is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 709m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2024
Floor Size
141m2
Land Size
709m2
Local Government
Marion
Lot/Plan
A201/D133256

Last Listing description (August 2023)

Perfectly positioned in the heart of Marion this original family home is hitting the market. Situated on a huge 700sqm (approx.) allotment this prime parcel of land offers incredible development potential (STCC). Located in the City of Marion Councils General Neighbourhood Zone and only a stone's throw to some of Adelaide's beautiful coastal beaches and finest amenities, this is an opportunity not to be missed!

Currently, on the block, there is an original three-bedroom one-bathroom family home that offers a number of light-filled entertainment areas. If removed, the opportunities for what you could create here are endless (STCA). Whether you subdivide (STCA) or build a large modern family home, this allotment is the perfect place to start.

Conveniently located just a short walk from Westminster School, local cafes, restaurants and speciality shops, Westfield Marion Shopping Centre, Park Holme Shopping Centre, SA Aquatic Centre and Marion Train Station that leads straight into the heart of the Adelaide CBD. You have also positioned just a quick 10-minute drive to some of Adelaide's beautiful coastal beaches and Flinders University/Medical Centre. You are truly set in a lifestyle location and this is an opportunity you do not want to miss!

Key Features:
- Prime parcel of land in Marion
- Large 700sqm (approx.) allotment
- 17.8m (approx.) frontage
- Opportunity to subdivide or redevelop
- Westminster School on your doorstep
- 1-minute walk to Marion Train Station
- 4-minute drive to Westfield Marion
- 8-minute drive to SA Aquatic Centre
- 8-minute drive to Flinders University/Medical Centre
- 7-minute drive to Brighton Beach
- Zoned to Hamilton Secondary College

Auction: Saturday 1st of October at 3:30 pm (unless sold prior)

Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.

PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.

The vendor's statement may be inspected at 742 Anzac Highway, Glenelg, SA 5045 for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.

Disclaimer: 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.

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Property History for 3 Farne Tce, Marion, SA 5043

A timeline of how this property has performed in the market
Last Sold
$641,000
04 Aug 2023
  • 04 Aug 2023
    Sold for $641,000
  • 15 Dec 2022
    Listed for Sale Auction (USP)
  • 08 Sep 2022
    Listed for Sale Auction (USP)
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About Marion 5043

The size of Marion is approximately 2 square kilometres. It has 11 parks covering nearly 10.2% of total area. The population of Marion in 2011 was 3,760 people. By 2016 the population was 3,918 showing a population growth of 4.2% in the area during that time. The predominant age group in Marion is 20-29 years. Households in Marion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marion work in a professional occupation. In 2011, 68.1% of the homes in Marion were owner-occupied compared with 65.8% in 2016.

Marion has 1,865 properties. Over the last 5 years, Houses in Marion have seen a 81.39% increase in median value, while Units have seen a 80.11% increase. As at 30 September 2024:

  • The median value for Houses in Marion is $922,832 while the median value for Units is $552,388.
  • Houses have a median rent of $600 while Units have a median rent of $480.
There are currently 3 properties listed for sale, and no properties listed for rent in Marion on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Marion.

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