SOLD
Sold on 25 Nov 2024 for $950,000

53A Gladstone Road
Mile End SA 5031

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 585m2
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Property Details for 53a Gladstone Rd, Mile End

53a Gladstone Rd, Mile End is a 2 bedroom, 1 bathroom House and was built in 1958. The property has a land size of 585m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Mile End in the last 12 months.

Building Type
House
Year Built
1958
Floor Size
110m2
Land Size
585m2
Local Government
West Torrens
Lot/Plan
A86/F144214

Last Listing description (November 2024)

AUCTION - Saturday 14th Sep @ 1:00pm

Nestled in vibrant Mile End, this property offers an exciting opportunity for anyone aiming to establish a prominent presence within the market on the CBD doorstep.

Key Features:

2 bedrooms with air-conditioners, 1 good size main bathroom, a spacious living area with reverse cycle split system, separate laundry, a huge backyard/garden and large shed. There's ample room to reimagine and expand as desired, providing great development potential (STCC).

Original architectural details provide a unique starting point for a stylish renovation, blending historic charm with contemporary flair. Boasting a solid brick foundation and practical build layout and rear laneway access, this home has endless possibilities.

Appreciate the optimal location with easy access to public transport, local amenities, vibrant cafes, and popular eateries. Adelaide's CBD, Rundle Mall Shopping Precinct and the bustling Mile End Homemaker Centre are only minutes away and provide everything you need right at your fingertips.

Whether you're looking for endless renovation or re-development possibilities or an opportunity to create your dream residence, this property offers unparalleled potential in one of Adelaide's most desirable and sought after neighbourhoods. Seize this opportunity to invest in a thriving area and make your vision a reality!

CT Reference: Volume: 5657 Folio: 409
Council: West Torrens
Council Rates: $1,587.55 approx / annum
Water Rates: $203.00 approx /quater
E.S. Levy: $165.80 approx / annum
Zoning: Established Neighbourhood
Year Built: 1958

Vendors Statement: The vendor's statement may be inspected at the office of Adcorp Property Group for 3 consecutive business days immediately preceding the Auction, and at the Auction for 30 minutes before commencement. The condition of the auction requires the successful bidder to pay a 10% deposit on the fall of the hammer or the following business day.

Property History for 53a Gladstone Rd, Mile End, SA 5031

A timeline of how this property has performed in the market
Last Sold
$950,000
25 Nov 2024
Listed for Rent
$185/w
12 Jan 2002
  • 25 Nov 2024
    Sold for $950,000
  • 27 Aug 2024
    Listed for Sale SOLD AT AUCTION!
  • 12 Jan 2002
    Listed for Rent - Price not available
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About Mile End 5031

The size of Mile End is approximately 1.8 square kilometres. It has 4 parks covering nearly 1.3% of total area. The population of Mile End in 2011 was 4,412 people. By 2016 the population was 4,447 showing a population growth of 0.8% in the area during that time. The predominant age group in Mile End is 20-29 years. Households in Mile End are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mile End work in a professional occupation. In 2011, 51.9% of the homes in Mile End were owner-occupied compared with 51.3% in 2016.

Mile End has 2,328 properties. Over the last 5 years, Houses in Mile End have seen a 68.21% increase in median value, while Units have seen a 65.68% increase. As at 30 November 2024:

  • The median value for Houses in Mile End is $1,092,447 while the median value for Units is $583,222.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Mile end on OnTheHouse. According to CoreLogic's data, 109 properties were sold in the past 12 months in Mile end.

Suburb Insights for Mile End 5031

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Show contact details
Adcorp Property Group Pty Ltd
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.