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Sold on 12 Oct 2024 - Price Unavailable

242 Hancock Road
Redwood Park SA 5097

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 211m2
Land area: 693m2
Sold By
Harris Real Estate Kent Town
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Property Details for 242 Hancock Rd, Redwood Park

242 Hancock Rd, Redwood Park is a 3 bedroom, 1 bathroom House and was built in 1961. The property has a land size of 693m2 and floor size of 211m2. While the property is not currently for sale or for rent, it was last transferred in October 2024. There are other 3 bedroom House sold in Redwood Park in the last 12 months.

Building Type
House
Year Built
1961
Floor Size
211m2
Land Size
693m2
Local Government
Tea Tree Gully
Lot/Plan
A48/D6765

Last Listing description (December 2024)

Auction - 1:30pm Saturday the 12th of October

*Price Guide (Note to Buyers) -The property is being offered by way of public auction. No price guide will be given under the vendors instruction, however recent sales data will be provided upon request via email.

Situated in the sought-after location of Redwood Park on an allotment of 693sqm approximately with a frontage of 18.29m. This property presents an exceptional opportunity for renovators or those looking to redevelop. The existing floor plan features three bedrooms, a spacious lounge, separate dining, and a functional kitchen, along with a separate bathroom and laundry. The front of the home boasts a charming sun lounge which is incomplete and part of the incomplete renovations/extensions which have been commenced at this property.

Additionally, a recently constructed upper-level extension offers further potential, though it is currently non accessible for viewing. The property is being sold as is and no further works will be completed prior to settlement.

This home is in need of significant renovation or could be demolished to make way for a fresh vision. Whether you're looking to restore or rebuild, this is a fantastic opportunity to capitalize on a property with enormous potential in a highly desirable location.

For any enquiries contact Craig Costello of Harris Real Estate on 0448 212 066 or email craigc@harrisre.com.au

Specifications:
CT / 5628/500
Council / Tea Tree Gully
Zoning / GN
Built / 1961
Land / 693m2 (approx)
Frontage / 18.29m

Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools / Banksia Park School R-6, Ridgehaven P.S, Surreys Downs P.S, Redwood P.S, Banksia Park International H.S

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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Property History for 242 Hancock Rd, Redwood Park, SA 5097

A timeline of how this property has performed in the market
Last Transferred
12 Oct 2024
  • 14 Nov 2024
    Transferred
  • 12 Oct 2024
    Sold
  • 13 Sep 2024
    Listed for Sale Not Disclosed
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About Redwood Park 5097

The size of Redwood Park is approximately 2.3 square kilometres. It has 13 parks covering nearly 10.5% of total area. The population of Redwood Park in 2011 was 5,367 people. By 2016 the population was 5,412 showing a population growth of 0.8% in the area during that time. The predominant age group in Redwood Park is 50-59 years. Households in Redwood Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redwood Park work in a professional occupation. In 2011, 86.3% of the homes in Redwood Park were owner-occupied compared with 86.2% in 2016.

Redwood Park has 2,292 properties. Over the last 5 years, Houses in Redwood Park have seen a 91.97% increase in median value, while Units have seen a 96.41% increase. As at 30 November 2024:

  • The median value for Houses in Redwood Park is $747,634 while the median value for Units is $553,541.
  • Houses have a median rent of $600.
There are currently 9 properties listed for sale, and 1 property listed for rent in Redwood park on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Redwood park.

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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.