52 Nilpena Ave, Park Holme is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1947. The property has a land size of 702m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Located in the desirable family-friendly suburb of Park Holme, this generous allotment of 738sqm (approximately) presents a fantastic opportunity to build your dream home, renovate, extend or re-develop into multiple dwellings (stcc).
As a bonus to the prospective purchaser, the vendor has invested serious amounts of time, effort and money in utilising the services of a town planner to have plans approved for three dwellings of extensive size boasting high quality finishes.
The current three bedroom house with art deco features is ready for a new lease of life. The possibilities are endless, simply take advantage of a thriving location and pre approved plans.
Ideal for developers, investors or anyone looking to buy into a likeable suburb set between the sea and the city, within proximity to a wide range of amenities including Park Holme Shopping Precinct, Westfield Marion, Marion Cultural Centre, SA Aquatic and Leisure Centre, local parks, Marion Swimming Centre, various specialty shops and eateries, gyms, public transport routes on Marion Road and Hendrie Street plus private and public schooling.
More reasons to love this opportunity:
-Quiet suburban locale
-Pre approved plans for three dwellings
-Ideal for renovation or development (stcc)
The figures:
-Land size 738sqm (approximately)
-Council: City of Marion
The dwelling on this property is subject to a Housing Improvement Order under the Housing Improvement Act 2016.
The size of Park Holme is approximately 1.1 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Park Holme in 2011 was 2,732 people. By 2016 the population was 2,869 showing a population growth of 5.0% in the area during that time. The predominant age group in Park Holme is 20-29 years. Households in Park Holme are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Park Holme work in a professional occupation. In 2011, 54.8% of the homes in Park Holme were owner-occupied compared with 53.2% in 2016.
Park Holme has 1,654 properties. Over the last 5 years, Houses in Park Holme have seen a 75.65% increase in median value, while Units have seen a 80.49% increase. As at 30 September 2024:
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