115 New StreetQueenstown SA 5014
Property Details for 115 New St, Queenstown
115 New St, Queenstown is a 5 bedroom, 2 bathroom Unit and was built in 1920. The property has a land size of 520m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
Turn this 1 into 2 back into 1 once again or keep as is...
Commonly known as 115 & 115a New Street, Queenstown.
This rare corner allotment offering of Circa 1920's maisonettes appears to have once been once large home that was converted into 2 many years ago.
All on one title there is potential aplenty in this unique property set on one of Queenstown's lovely wide streets surrounded by other character and carefully cared for residences.
Live in or rent out. Or live in one side and rent out the other. Or open up the door between the 2 once more and reimagine this property as a large family residence the options this property provides the successful buyer are seldom seen.
Truly a once in a generation offering this property has now been in the one family over two generations where it has served them as a well returning investment property but the time has now come to pass on the baton.
The time has come to write the next chapter in the property's story and a sympathetic renovation is possible thanks to many original period elements still in excellent condition.
Fire places, wooden floors, high ceiling, period skirting boards and original windows serve as inspiration for a modern interpretation or a period restoration.
Being a corner allotment offers options for off street parking via side access with garaging already in place.
Currently disposed as 2 units with each offering 2 bedrooms, large light filled north facing lounge rooms and kitchen and wet area amenities in the lean to at the rear in the traditional style.
Yet, a keen eye will note the potential to open this property back up and convert into a perfectly practical family home that would boast an abundance of space for the growing family.
Nestled between the two Port Roads this precinct is becoming increasingly coveted by those seeking balance between being near the city, not far from the beach and moments away from the conveniences of a the suburbs with an ever improving streetscape reflecting the ongoing gentrification of this location.
Options galore, potential aplenty and a chance rarely available to the market in what is becoming a very tightly held precinct this opportunity may take 2 more generations to return to market so do not miss out this time!
CT: 5831/521
Land Size: 510m
Year Built: 1920
Zone: Residential63 - Queenstown, Alberton, Rosewater
Council: Port Adelaide Enfield
RLA 232366
Property History for 115 New St, Queenstown, SA 5014
- 18 Mar 2021Sold for $540,000
- 01 Jan 2021Listed for Sale $529,000 - $549,000
- 03 Oct 2017Listed for Rent - Price not available
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About Queenstown 5014
The size of Queenstown is approximately 0.8 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Queenstown in 2011 was 1,804 people. By 2016 the population was 1,890 showing a population growth of 4.8% in the area during that time. The predominant age group in Queenstown is 50-59 years. Households in Queenstown are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Queenstown work in a professional occupation. In 2011, 58.5% of the homes in Queenstown were owner-occupied compared with 55.2% in 2016.
Queenstown has 1,120 properties. Over the last 5 years, Houses in Queenstown have seen a 92.69% increase in median value, while Units have seen a 80.64% increase. As at 31 October 2024:
- The median value for Houses in Queenstown is $839,202 while the median value for Units is $525,585.
- Houses have a median rent of $588 while Units have a median rent of $400.
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