10 Wells StreetStepney SA 5069
Property Details for 10 Wells St, Stepney
Last Listing description (October 2024)
Refined Eastern are proud to welcome you to an incredible development opportunity, perfectly positioned in the popular city fringe suburb of Stepney.
This is your exclusive chance to secure two Torrens-Title allotments totalling 639sqm, offering valuable rear lane access with planning consent to build two fabulous dwellings.
Urban Corridor Zoning allows for further development with the potential to construct 4-5 dwellings (STCC) of up to the 3 levels to encapsulate stunning westerly views of the Adelaide CBD skyline.
Smell the coffee from your café strip perfectly positioned only minutes to the Adelaide CBD and only footsteps from the all the spoils of neighbouring Norwood Parade's restaurant and dining destinations.
You will appreciate premier school zoning options available including; East Adelaide Primary, Adelaide and Adelaide Botanic High Schools plus a plethora of private schooling only a stone's throw away.
This very special offering is sure to impress, superbly located close to absolutely everything.
Featuring:
Total 639m2
2 Torrens-title allotments
Planning consent for 2 dwellings
Urban Corridor Zoning
Zoned for Adelaide and Adelaide Botanic
Incredible city-fringe locale
For those wanting the very best in life we welcome you to take the opportunity to secure this outstanding offering by contacting Alexi Broikos or Paul Konistis today.
Property History for 10 Wells St, Stepney, SA 5069
- 01 Oct 2024Sold
- 27 Jun 2024Listed for Sale SOLD
- 30 Jun 2022Sold for $767,038
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About Stepney 5069
The size of Stepney is approximately 0.5 square kilometres. It has 2 parks covering nearly 4.1% of total area. The population of Stepney in 2011 was 855 people. By 2016 the population was 859 showing a population growth of 0.5% in the area during that time. The predominant age group in Stepney is 20-29 years. Households in Stepney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stepney work in a professional occupation. In 2011, 64.3% of the homes in Stepney were owner-occupied compared with 59.5% in 2016.
Stepney has 778 properties. Over the last 5 years, Houses in Stepney have seen a 73.33% increase in median value, while Units have seen a 106.98% increase. As at 31 October 2024:
- The median value for Houses in Stepney is $1,407,834 while the median value for Units is $731,251.
- Houses have a median rent of $740 while Units have a median rent of $550.
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