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Sold on 16 Nov 2024 - Price Unavailable

6 Ebor Avenue
Mile End SA 5031

Bedrooms: 5
Bathrooms: 4
Car spaces: 5
Floor area: 440m2
Land area: 840m2
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Property Details for 6 Ebor Ave, Mile End

6 Ebor Ave, Mile End is a 5 bedroom, 4 bathroom House with 5 parking spaces. The property has a land size of 840m2 and floor size of 440m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 5 bedroom House sold in Mile End in the last 12 months.

Building Type
House
Floor Size
440m2
Land Size
840m2

Last Listing description (November 2024)

Auction Location: On-Site

Nestled on a prime corner block of some 840 sqm in Mile End, 6 Ebor Avenue represents a rare investment opportunity. This unique property is currently disposed of a collection of three units plus the original residence on one title, all fully leased generating income of over $75,000 per annum.

This site also has council-approved plans for walk - up flats plus multi - storey apartments (plans available on request). This presents an extraordinary chance to maximize returns and capitalise on the future growth of the Mile End area.

The stone fronted character laden home offers two spacious bedrooms with fireplaces, solid timber floors, lofty ceilings, galley kitchen overlooking the dining area with off road under cover parking for three cars. The three additional units feature single bedrooms, kitchen and meals family area and off street parking.

A blend of double brick & stone construction, with interiors including a mix of tile and wooden flooring. This blend of classic design and practical appeal ensures a continuous demand from potential renters.

Property Highlights:

- Multi - unit Investment: The property comprises of three individual units plus the original
home on a single title.
- Steady Income Stream: Currently fully leased and generating immediate income of over $75,000 per annum.
- Development Approved: Council-approved plans for two level walk-up flats plus approval for four level apartments, offering significant growth and value-add potential.
- Interior Features: The properties boast practical layouts with a mix of tile and wooden
flooring, catering to a broad range of tenant preferences

Conveniently located just a short drive to Adelaide's pristine beaches and vibrant Henley Beach Square. within 3 kms to the Adelaide CBD, walk to the cosmopolitan Henley Beach Road with its array of shopping, healthcare, caf�, specialist restaurant and entertainment precincts. With public transport on your doorstep makes getting around easy, the Mile End Common recreational park/playground is just down the street and so much more.

This property is not just an investment but a gateway to long-term profitability. Whether you're an investor seeking a substantial income stream or a developer looking for a project with significant upside potential, 6 Ebor Avenue offers the perfect blend of immediate returns and future possibilities.

Seize this opportunity to own prime real estate in tightly held & sought after Mile End with both current income and endless future potential. Don't miss out on the chance to expand your portfolio and step into a property with approved growth prospects.

Contact us today to learn more about this exceptional investment.

Ralph Pacillo 0433 117 801
Gerard Pacillo 0431596154

To register your interest or to make an offer, click the link below:
https://prop.ps/l/CQB84wvwXmfG

The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public -
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Disclaimer:
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement. All land sizes quoted are an approximation only and at the purchasers discretion to confirm. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

RLA 215339

Property History for 6 Ebor Ave, Mile End, SA 5031

A timeline of how this property has performed in the market
Last Sold
16 Nov 2024
  • 16 Nov 2024
    Sold for $1,625,000
  • 23 Oct 2024
    Listed for Sale Sold
  • 02 Jul 2018
    Sold for $920,000
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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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Contact agent
Gerard Pacillo
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Ralph Pacillo
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LJ Hooker Flinders Park
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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.