11 Bell StreetPennington SA 5013
Property Details for 11 Bell St, Pennington
11 Bell St, Pennington is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1939. The property has a land size of 556m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (December 2020)
Often sought after but is rarely offered to the market is this unique opportunity that eagerly awaits the savvy investors and developers alike. Now is the perfect time to engage in your real estate team to uncover the best course of action that can benefit you now and into the future.
The Overview:
- Two Torrens Titled maisonette homes on 1148M2 approx. (combined)
- 11 Bell St has 3 BRs, 1 bath, secure parking
- 13 Bell St has 2 BRs, 1 bath, secure parking
- Currently leased to loyal tenants at $525/wk (combined)
- Updated kitchen with gas cooking (both)
- Polished wooden floors (both)
- Split system heating & cooling (both)
The Potential (subject to council consents)
- Rent both out as is
- Live in one, rent the other
- Demolish and build three brand new homes
- Keep the existing homes, and build a third at the rear
There is no denying the possibilities of this newly found gem likened to a needle in a haystack. Furthermore, it is ideally located within easy access to an array of family friendly amenities including Pennington Primary School, Mt Carmel College, Woodville High School, Phap-Hoa Vietnamese Temple, Vietnam restaurant, multi-cultural shops, Grand Health Medical Centre, St Clair Shopping Centre.
Act now to secure your interest. Inspection is by appointment only.
(Please seek independent financial and legal advice on the suitability of this property for your own personal requirements).
Property History for 11 Bell St, Pennington, SA 5013
- 21 Dec 2020Sold for $300,000
- 21 Feb 2020Listed for Sale $600,000
- 28 Feb 2018Sold for $320,000
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0About Pennington 5013
The size of Pennington is approximately 1.4 square kilometres. It has 6 parks covering nearly 4.3% of total area. The population of Pennington in 2011 was 3,648 people. By 2016 the population was 3,639 showing a population decline of 0.2% in the area during that time. The predominant age group in Pennington is 50-59 years. Households in Pennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pennington work in a trades occupation. In 2011, 57.5% of the homes in Pennington were owner-occupied compared with 57.5% in 2016.
Pennington has 1,562 properties. Over the last 5 years, Houses in Pennington have seen a 94.19% increase in median value, while Units have seen a 72.52% increase. As at 31 August 2024:
- The median value for Houses in Pennington is $786,368 while the median value for Units is $510,926.
- Houses have a median rent of $550 while Units have a median rent of $260.
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