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Sold on 16 Dec 2024 - Price Unavailable

702 Torrens Road
Pennington SA 5013

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
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Property Details for 702 Torrens Rd, Pennington

702 Torrens Rd, Pennington is a 2 bedroom, 1 bathroom House with 6 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom House sold in Pennington in the last 12 months.

Building Type
House

Last Listing description (December 2024)

This spacious home offers incredible potential for both renovators and developers alike. Located on a generous allotment, here is your opportunity to create your dream home with a little bit of vision, or seize the chance to develop the land into something more, the possibilities are endless (STPC).

This property will be heading to auction at The Lakes Hotel within the Lakeside Room located at 141 Brebner Drive, West Lakes | Registrations from 5pm.

Offering high ceilings, dining and living with brick ornate fireplaces and two bedrooms with plenty of room to extend or redesign to suit your needs (STPC). Outside, the property includes a large undercover carport with space for multiple vehicles, a secure shed, and a sunroom for extra versatility.

Property Features:
- Large allotment with ample potential for subdivision or redevelopment (STPC)
- Quality flooring throughout
- High ceilings for a spacious feel
- Wide entrance hall
- Kitchen with free-standing stove/oven
- Large living room with art deco ceiling details & feature fireplace
- 2 spacious bedrooms
- Original bathroom with 3-in-1 heater, light & exhaust fan
- Separate laundry with outside access & separate toilet
- Formal dining room overlooking the rear yard
- Sunroom providing a sunny retreat
- Large shed & huge carport for up to 4-5 vehicles
- Roller shutters for added security & privacy
- Electric gate with drive-through access & digital keypad intercom

Pennington, located just 12km northwest of Adelaide's CBD, offers a peaceful yet convenient lifestyle with easy access to local amenities such as Alberton IGA, pharmacies, cafes, and restaurants like the popular Vietnam Restaurant and Viet Next Door. The suburb is perfect for an active lifestyle, with parks, walking trails, and sporting clubs like the Rosewater Football and Bowling Clubs nearby. Families will appreciate the proximity to schools such as Mount Carmel College and Our Lady of Mount Carmel Parish School, while its close access to major roads, including Grand Junction Road, and Port Adelaide make it well-connected yet serene.

***Regarding price. The property is being offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide to the market. The agent is not able to guide or influence the market in terms of price instead providing recent sales data for the area which is available upon request via email or at the open inspection***

"The vendor statement may be inspected at 129 Port Road, Queenstown for 3 consecutive days preceding the auction and at the auction for 30 minutes before it starts."

Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Property History for 702 Torrens Rd, Pennington, SA 5013

A timeline of how this property has performed in the market
Last Sold
16 Dec 2024
Listed for Rent
$320/w
14 Jan 2020
  • 16 Dec 2024
    Sold for $725,000
  • 15 Nov 2024
    Listed for Sale $725,000
  • 13 Dec 2019
    Listed for Rent $320 / week
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About 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 1,563 properties. Over the last 5 years, Houses in Pennington have seen a 102.00% increase in median value, while Units have seen a 75.95% increase. As at 30 November 2024:

  • The median value for Houses in Pennington is $819,781 while the median value for Units is $549,427.
  • Houses have a median rent of $550 while Units have a median rent of $260.
There are currently 3 properties listed for sale, and 1 property listed for rent in Pennington on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Pennington.

Suburb Insights for Pennington 5013

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Contact agent
Nick Psarros
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Niki Pittakis
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Ray White Port Adelaide & Largs Bay
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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.