SOLD
Sold on 09 Jan 2024 for $935,000

14 Ontario Avenue
Panorama SA 5041

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
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Property Details for 14 Ontario Ave, Panorama

Building Type
Commercial
Year Built
1961
Local Government
Mitcham
Lot/Plan
A32/D5069

Last Listing description (December 2023)

A highly versatile residential or commercial opportunity!

Auction - Friday the 1st of December at 5:30pm

Presenting this lovely and secure property with versatile potential for the future including; commercial, residential or re-development (all STPC). Situated just off the buzzing Goodwood Road this property offers an array of possibilities for exposure with Panorama currently being a highly sought after area in the market, making this an exceptional opportunity not to be missed!

Featuring a gated entry and a secure alarm system this residence offers constant reassurance of security and safety, as well as hosting a generous carport space readily accommodating up to 2 cars comfortably for residents and guests.

Previously used as a commercial property there is plenty of space to spread out in style and make the most of the great land size.

Boasting a spacious living/waiting room with a large window for maximal natural sunlight, before leading into the adjacent dining area with an outdoor view of the backyard including the avocado, citrus, stone fruit trees and lush plants. Transitioning through into the simple yet functional kitchen, complete with separate storage space and a door for easy outdoor access.

To ensure the utmost comfort for all, the three generously sized rooms feature large windows that soak the rooms in sunlight and showcase the charming timber floorboards. These rooms would be ideal for first or second-home buyers as bedrooms or alternatively repurposed as office/consulting spaces.

The new modernly renovated bathroom is located just off of the bedrooms which allows for quick accessibility, as well as being fitted with a shower, toilet and large vanity with storage options beneath the benches. Not to mention the backyard of this property is massive and offers a substantial amount of space for the extension of your dreams (STPC).

Experience a lifestyle of peace, surrounded by easy access to vital amenities and the charm of popular restaurants and cafes through Mitcham, Pasadena and Marion, with only a short drive into the CBD. Take advantage of your new highly-renowned local shopping centre, Pasadena Foodland, just down the road and enjoy an array of reliable public transport opportunities within walking distance.

More reasons to love this property:
- Torrens titled residential or commercial opportunity (STPC)
- Large land size for entertaining
- Ducted airconditioning throughout
- Polished timber floorboards
- Large windows in each room
- Adjoining storage room in the kitchen
- 3 Bedrooms/consulting rooms
- Bathroom, kitchen and living/meeting facilities
- Highly secured building security door and alarm system
- Close proximity to highly-renowned Pasadena Foodland
- Short walk to Repat Health Precinct

Specifications:
Title Type: Torrens
Year Built: 1961
Lot Size: 741m2 (approximate)
Council Rates $1,311.65 p/a
Emergency Services Levy: $122.55 p/a
Water & Sewer Rates: $153.70 p/q (supply only)

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. If this property is to be sold via auction the Vendors Statement may be inspected at 80 Unley Road, Unley for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 276447.

Property History for 14 Ontario Ave, Panorama, SA 5041

A timeline of how this property has performed in the market
Last Sold
$935,000
09 Jan 2024
  • 01 Dec 2023
    Sold - Price Undisclosed
  • 10 Nov 2023
    Listed for Sale Auction

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About Panorama 5041

The size of Panorama is approximately 1.7 square kilometres. It has 12 parks covering nearly 9.7% of total area. The population of Panorama in 2011 was 2,259 people. By 2016 the population was 2,336 showing a population growth of 3.4% in the area during that time. The predominant age group in Panorama is 50-59 years. Households in Panorama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Panorama work in a professional occupation. In 2011, 80.5% of the homes in Panorama were owner-occupied compared with 81.2% in 2016.

Panorama has 1,087 properties. Over the last 5 years, Houses in Panorama have seen a 90.37% increase in median value, while Units have seen a 82.84% increase. As at 30 November 2024:

  • The median value for Houses in Panorama is $1,051,414 while the median value for Units is $631,643.
  • Houses have a median rent of $600.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Panorama on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Panorama.

Suburb Insights for Panorama 5041

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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.