12 Vernon CrescentMaslin Beach SA 5170
Property Details for 12 Vernon Cres, Maslin Beach
Last Listing description (June 2021)
This generous 6 bed, 3 bath, 1960s seaside escape is set across 1400m2 approx. land on two titles - with current approvals for 4 subdivision sites. Rarely does an incredible property of such size and scope come to market, and with Maslin Beach recently being voted one of the 6 most beautiful beaches in Australia, there is undeniable immediate and long-term value here.
With tremendous investment scope on offer there are options to keep it as it stands, build your dream family beach house on one incredible parcel of land, or as this unique property is set ready to go for development, the opportunity to transform this blue-chip site into four exclusive modern contemporary beachside townhouses are all considerations not to be overlooked.
This largely untouched mid-century property offers classic interior elements such as the gorgeous mosaic slate stone flooring, exposed brick walls, stone fireplaces, and timber accents throughout that give it an unmistakably iconic feel. They don't make them like this anymore!
Like all beachside homes, this 2-story abode is bright, airy, and spilling with natural light offering sea views from the main rooms. Thoughtful interior updates and renovations would easily align this original canvas with all the modern necessities and finishes for those keen to preserve this showpiece property and be the envy of coastal living.
Known for being a laid back and family-friendly boutique suburb, Maslin Beach is also a mere 20-minutes drive to the beautiful McLaren Vale wine region where annual festivals such as the Winter Reds and Tasting Australia celebrate the best produce found in the state. This prized locale is also home to some of the most iconic and nationally recognised restaurants, such as: the Star of Greece, Pearl, the Salopian Inn, Pizzateca, and the famed d'Arenberg Cube.
Come for the drive, stay for the memories:
- Incredible mid-century, 6-bedroom, 3 bath, 2-living space property only 100m to the beach
- Spacious downstairs formal lounge with sea views and large open-plan kitchen, dining and living area spilling with natural light
- Currently tenanted the property also presents an ideal holiday home with potential high returns
- Rare development opportunity with the block pre-approved for a 4 property subdivision
- Alternatively, renovate or rebuild your dream beach house on the 1,400sqm site
OUWENS CASSERLY - MAKE IT HAPPEN
Property History for 12 Vernon Cres, Maslin Beach, SA 5170
- 09 Jun 2021Listed for Sale CONTACT AGENT
- 23 Oct 2020Sold for $775,000
- 09 Feb 2010Sold for $710,000
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About Maslin Beach 5170
The size of Maslin Beach is approximately 6.6 square kilometres. It has 5 parks covering nearly 4.4% of total area. The population of Maslin Beach in 2011 was 1,131 people. By 2016 the population was 1,134 showing a population growth of 0.3% in the area during that time. The predominant age group in Maslin Beach is 50-59 years. Households in Maslin Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Maslin Beach work in a professional occupation. In 2011, 74.7% of the homes in Maslin Beach were owner-occupied compared with 73.4% in 2016.
Maslin Beach has 750 properties. Over the last 5 years, Houses in Maslin Beach have seen a 103.69% increase in median value, while Units have seen a 103.49% increase. As at 30 September 2024:
- The median value for Houses in Maslin Beach is $840,062 while the median value for Units is $515,782.
- Houses have a median rent of $500.
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