OFF MARKET

35 Altola Road
Modbury SA 5092

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 116m2
Land area: 688m2
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Property Details for 35 Altola Rd, Modbury

35 Altola Rd, Modbury is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1965. The property has a land size of 688m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1965
Floor Size
116m2
Land Size
688m2
Local Government
Tea Tree Gully
Lot/Plan
A104/D7533

Last Listing description (September 2021)

First-time buyers, renovators, developers and astute investors will love the appeal of this property! Sitting on 690sqm (approximately) of land and with a frontage of 18.5m (approximately) this property offers the potential to update and modernise the residence to suit your own style or to knock down and re-build in a fast developing area. (Subject to Council Consent).

Timber floorboards are on show throughout including the air-conditioned lounge room, while the combined kitchen and meals area could be transformed into a stylish chef's haven with views over the entertaining area and fenced backyard.

The bedrooms are of good size including the expansive and light-filled master with built-in robe. There's a central bathroom, with a separate toilet, along with a laundry at the rear of the home.

This property has endless potential and avid investors will relish this property's ability to attract a wide range of tenants from families to downsizers or retirees.

Features that make this home special:
- Master bedroom with built-in robe
- Bedroom 2 and 3 of good size, bedroom 2 with built-in robe
- Spacious lounge room with split-system air-conditioning
- Practical kitchen with pantry, gas cook top and ample cupboard and bench space
- Bathroom with shower and separate bathtub
- Separate toilet for convenience
- Separate laundry of good size with built-in cupboard
- Roller shutters
- Large undercover outdoor entertaining area
- Carport/verandah with gate and drive through access and space for multiple cars, boat or trailer
- Large garage with roller door and two storerooms, perfect for additional storage or the car enthusiast

Perfectly positioned close by to Tea Tree Plaza, North East Modbury Medical & Dental Centre, Modbury Hospital, Civic Park, City of Tea Tree Gully Library and public transport options including the City via The O-Bahn Interchange. Excellent public and private schools are only a short distance away. All this and only 14km (approximately) from the Adelaide CBD.

For further information please contact James Rawkins on 0408 081 826 or 8269 7711 (office).

RLA 200591

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 our office located at 87 North East Road, Collinswood 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.

Property History for 35 Altola Rd, Modbury, SA 5092

A timeline of how this property has performed in the market
Last Sold
$500,000
14 Oct 2021
  • 14 Oct 2021
    Sold for $500,000
  • 18 Aug 2021
    Listed for Sale Auction $430,000
  • 19 Jun 2002
    Sold for $140,000
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About Modbury 5092

The size of Modbury is approximately 3.3 square kilometres. It has 18 parks covering nearly 16.5% of total area. The population of Modbury in 2011 was 4,924 people. By 2016 the population was 5,233 showing a population growth of 6.3% in the area during that time. The predominant age group in Modbury is 30-39 years. Households in Modbury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Modbury work in a professional occupation. In 2011, 66.2% of the homes in Modbury were owner-occupied compared with 64.9% in 2016.

Modbury has 2,803 properties. Over the last 5 years, Houses in Modbury have seen a 102.78% increase in median value, while Units have seen a 102.27% increase. As at 31 October 2024:

  • The median value for Houses in Modbury is $760,980 while the median value for Units is $535,669.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 25 properties listed for sale, and 4 properties listed for rent in Modbury on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Modbury.

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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.