OFF MARKET

16 Melrose Street
Mount Pleasant SA 5235

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 124m2
Land area: 1970m2
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Property Details for 16 Melrose St, Mount Pleasant

16 Melrose St, Mount Pleasant is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 1970m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1988
Floor Size
124m2
Land Size
1970m2
Local Government
Barossa
Lot/Plan
A71/D37628

Last Listing description (August 2017)

Soaking up some 1999sqm in the thick of the township, delivering a beautifully fresh-faced 3-bedroom design and located just a scooter ride away from the playground and sporting facilities, this family friendly abode should catch the eye of first home owners and perceptive investors. With a stunning mini renovation to kitchen and bathroom ensuring the big-ticket areas have already been addressed, a sound rent return currently being achieved and a supersized allotment offering subdivision potential, this diverse property bundle offers scope for a range of ventures.
Property snapshot: Brick home, 3 bedrooms, built in robes to bedroom 1 & 2, recently renovated 3 way bathroom with bath and gas heating, stunning kitchen with stainless steel appliances, pantry and dishwasher, slow combustion heating, r/c split system, ceiling fans, dual living areas, modern window furnishings, 3 bay shed (2 parking bays and 1 workshop bay), ample off-street parking and drive through access to the rear yard, 1999sqm allotment (Council approval for subdivision has previously been obtained), easy walking distance to sporting grounds and town facilities, 35km commute to Westfield Tea Tree Plaza.
Property tour: Internally the hard yards have already been done with the sparkling kitchen and bathroom leading the renovation charge. Modern soft furnishings grace the windows, slate adds character underfoot to high traffic areas, and a slow combustion heater teamed with a split system unit maintains temperature control irrespective of the season.

Externally the allotment is all about potential with a long reaching set-back that is prime for subdivision (STCC). Easy-care gardens and lawns fall directly to the front and rear of the home, a substantial 3 bay shed offers secure parking and workshop facilities, and the L shape design of the home creates an external pocket that is prime for alfresco entertaining.
This slice of real estate is extremely versatile and will adapt to meet the vision of new ownership with little fuss. Enjoy immediate rental income now and reside later, reside to the front and develop to the rear (STCC), or simply move right in and enjoy the ability to stretch your legs on a generous half acre allotment in the heart of town.
Whatever your plans for 2017, this opportunity should be in the mix.

Property History for 16 Melrose St, Mount Pleasant, SA 5235

A timeline of how this property has performed in the market
Last Sold
$307,000
20 Jun 2017
Listed for Rent
$330/w
10 May 2016
  • 20 Jun 2017
    Sold for $307,000
  • 06 Feb 2017
    Listed for Sale $299,000 - $319,000
  • 18 Mar 2016
    Listed for Rent - Price not available
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About Mount Pleasant 5235

The size of Mount Pleasant is approximately 111.4 square kilometres. It has 2 parks covering nearly 1.7% of total area. The population of Mount Pleasant in 2011 was 960 people. By 2016 the population was 1,037 showing a population growth of 8.0% in the area during that time. The predominant age group in Mount Pleasant is 60-69 years. Households in Mount Pleasant are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Pleasant work in a managers occupation. In 2011, 80.7% of the homes in Mount Pleasant were owner-occupied compared with 81.2% in 2016.

Mount Pleasant has 652 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 88.60% increase in median value, while Units have seen a 80.90% increase. As at 31 October 2024:

  • The median value for Houses in Mount Pleasant is $632,069 while the median value for Units is $404,970.
  • Houses have a median rent of $270.
There are currently 2 properties listed for sale, and 1 property listed for rent in Mount pleasant on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Mount pleasant.

Suburb Insights for Mount Pleasant 5235

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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.