29 Jennifer AvenueRidgehaven SA 5097
Property Details for 29 Jennifer Ave, Ridgehaven
Last Listing description (July 2024)
This incredibly rare landmark property is up for sale, offering both residential and commercial opportunities.
With a 3 bedroom home adjacent to the expansive workshop giving endless possibilities for multiple tenancies. Or opportunity for an owner occupier of both the house and workshop to live in and enjoy the onsite style of living and working from home. What a mancave this property would be for those that like to live in and work on their favourite car collection.
The huge workshop is the current home to a local institute; Scalex World Raceway. The raceway is the place where locals come to race their slot cars. The raceway has four big slot car tracks as well as loads of slot car goods. If Slot cars are not your thing, then the workshop could be transformed into any type of commercial space to suits your needs. It also offers a loft, storage room, disabled facilities and another toilet and a separate urinal for the boys!
In addition to the commercial aspect, the residential side of the property offers a comfortable 3 bedroom solid brick home, featuring high ceilings, eat-in style kitchen/meals area. Neat bathroom with separate toilet and a good sized laundry. There is a double length garage with roller door and another carport to house more of your vehicles, Boats, Caravans etc. Plus more ample car parking space on the property, behind secure gates.
Other features include:
- Solar system
- Heating and cooling
In summary, this property provides a unique opportunity for those looking to invest in a versatile and profitable space. Don't miss out on this chance to own a piece of real estate that can provide both a comfortable living space and a lucrative business opportunity. Opposite a stunning playground and reserve that is also about to have a load of money spent on BBQ facilities, Lighting and carparks for creating a wonderful hub for locals to enjoy!
So encompassing, a quiet reserve across the road, no noise after work hours, a home to live in or rent out and 2 street frontages that can be used separately or linked up as you choose.
For more information contact Sam Doman or Robert Slekenics
DISCLAIMER: We have in preparing this document using our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA 292129
Property History for 29 Jennifer Ave, Ridgehaven, SA 5097
- 05 Apr 2024Sold for $875,000
- 29 Nov 2023Listed for Sale $825,000
- 03 Apr 2018Transferred
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0About Ridgehaven 5097
The size of Ridgehaven is approximately 2.1 square kilometres. It has 12 parks covering nearly 13% of total area. The population of Ridgehaven in 2011 was 3,880 people. By 2016 the population was 3,991 showing a population growth of 2.9% in the area during that time. The predominant age group in Ridgehaven is 40-49 years. Households in Ridgehaven are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ridgehaven work in a trades occupation. In 2011, 72.6% of the homes in Ridgehaven were owner-occupied compared with 71.4% in 2016.
Ridgehaven has 2,100 properties. Over the last 5 years, Houses in Ridgehaven have seen a 91.78% increase in median value, while Units have seen a 86.81% increase. As at 31 July 2024:
- The median value for Houses in Ridgehaven is $737,838 while the median value for Units is $493,539.
- Houses have a median rent of $563 while Units have a median rent of $413.
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