OFF MARKET

5 Melveen Street
Modbury SA 5092

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 607m2
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Property Details for 5 Melveen St, Modbury

5 Melveen St, Modbury is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 607m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1965
Floor Size
116m2
Land Size
607m2
Local Government
Tea Tree Gully
Lot/Plan
A160/D7533

Last Listing description (September 2023)

Presented by your local real estate agent Mohit Gupta of Ray White Modbury is this excellent 1965 built family home in the thriving suburb of Modbury. Situated on a sizeable 607sqm corner allotment with frontages of approximately 24.70m and 15.10m; this home is perfect for buyers in all stages of life; from the first home buyer looking to take the leap to an investor looking to reap highly sought after rental returns.

Currently tenanted on a fixed term lease until the 21/01/2024 at $400 per week.

Welcome to 5 Melveen Street, Modbury! This charming home is now on the market and ready for its new owners. With its prime location, spacious layout, and attractive features, this property is sure to capture your attention.

As you step inside, you'll be greeted by a warm and inviting atmosphere. The house boasts three generously sized bedrooms, providing ample space for the whole family. The bathroom is tastefully designed and offers generous amenities for your convenience.

The property also includes a single garage, perfect for securely parking your vehicle or utilizing as additional storage space. The well-maintained backyard presents endless possibilities for outdoor activities and relaxation.

Situated on a generous 607 sqm block, this house provides plenty of room for expansion or potential development subject to planning consent. The solid construction of this home, built in 1965, showcases its timeless appeal and durability throughout the years.

Located in the highly sought-after and ever evolving suburb of Modbury, this property offers easy access to a range of amenities such as Westfield Tea Tree Plaza and bus interchange, Modbury Hospital and Civic Park (as well as the many other parks and reserves) and only a stone's throw away from the shopping and business precinct that is North East Road. This is a chance to purchase in a rapidly increasing sought after pocket within an amazing local community.

Nearby schooling options include Para Vista Primary School, Modbury West School, Valley View Secondary School and Modbury High School to name a few.

Additional Features Include:
- Master bedroom with built in robes and ceiling fan.
- Floating timber floor boards throughout.
- Spacious bathroom with luxurious spa and toilet.
- Sizeable laundry with ample storage and external access to the undercover area and the
garden at the rear of the home.
- Open plan kitchen / dining / living space.
- Kitchen complete with dishwasher, electric cooktop.
- Lounge room complete with split system air conditioning system.
- Fantastic paved undercover entertaining area.
- Fully fenced and secure.
- Single car garage with enough space for a trailer plus enough parking space for a few cars in the two driveways.
- Tool shed.
- Gas water heating system.
- No easements, encumbrances or significant trees.

With so many features and located within minutes to so many amazing local amenities an in person inspection is an absolute must!

Please note that this property is scheduled to be auctioned on 22/07/23@3PM and all questions can be directed to Mohit Gupta of Ray White Modbury on 0421472034.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

RLA-322341

Property History for 5 Melveen St, Modbury, SA 5092

A timeline of how this property has performed in the market
Last Sold
$556,000
04 Sep 2023
Listed for Rent
$315/w
17 Jan 2020
  • 04 Sep 2023
    Sold for $556,000
  • 05 Jul 2023
    Listed for Sale Auction (USP) 22/07@3pm
  • 22 May 2020
    Sold for $350,000
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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 2,773 properties. Over the last 5 years, Houses in Modbury have seen a 94.86% increase in median value, while Units have seen a 88.45% increase. As at 31 July 2024:

  • The median value for Houses in Modbury is $727,161 while the median value for Units is $505,982.
  • Houses have a median rent of $555 while Units have a median rent of $440.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Modbury on OnTheHouse. According to CoreLogic's data, 177 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.