103 Grant AvenueToorak Gardens SA 5065
Property Details for 103 Grant Ave, Toorak Gardens
103 Grant Ave, Toorak Gardens is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1925. The property has a land size of 1135m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 6 bedroom Unit sold in Toorak Gardens in the last 12 months.
Last Listing description (June 2024)
Positioned in one of Adelaide's most desired pockets in the eastern suburbs and situated amongst other prestigious homes, this iconic residence is ready for an exciting future. The landmark home is set on a sizeable allotment of 1,136 sqm approx. with a broad frontage of 22.25 meters, and wonderful north-facing rear aspect.
Built in the 1920's, this grand residence welcomes you with a beautiful faade maintaining character features of its era. It presents a remarkable opportunity for a complete transformation and overhaul for the next stage of its life, to revive and renovate into a luxurious family home soaking up every inch of its sprawling 1,136sqm land holding (subject to necessary consents).
The hard work has been done for you, the property will be sold with planning approval, which includes the subdivision and construction of two stunning multi-level Torrens Title residences. These 4 bedrooms multi-level luxury homes are designed so the occupants would never have to leave should their health status was to change. And the best part is the outstanding design only take up 46% of block each, giving plenty of outdoor space to still be enjoyed.
Currently, the home consisted as four individual units, with an exceptional and rare investment opportunity offering outstanding cashflow returns for those looking to rent out while deciding what to do.
Whether you're seeking a renovation project to create a luxury family home on large allotment, or an outstanding development opportunity to build two luxury multi-level homes, or even a rewarding investment property with solid yieldsit's your choice!
Option 1 Renovate the current residence into a luxury family home (STCC)
Option 2 -Utilise the current planning approval to build 2 multi-level Torrens title homes - Plans available on request
Option 3 Currently disposed as 4 units, enjoy the rewarding cashflow returns
103 Grant Avenue promises a dream family future with significant potential and multiple options just moments away from the CBD, Victoria Park Pakapanthi, redeveloping Burnside Village and the cosmopolitan Norwood Parade. Enjoy coveted zoning to outstanding primary and secondary schools, Rose Park Primary School and Marryatville High School, within easy walking distance. Plus, Adelaide's finest private schools are nearby, including Prince Alfred College, Pembroke School, St. Peter's Girls School, St. Peter's College, and Seymour College.
Online bidding available.
Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition or any other particulars. Interested parties should always make their own inquiries and obtain their own legal advice.
Property History for 103 Grant Ave, Toorak Gardens, SA 5065
- 11 Jun 2024Sold for $2,800,000
- 07 Feb 2024Listed for Sale CONTACT AGENT
- 02 Dec 2021Sold for $2,700,000
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About Toorak Gardens 5065
The size of Toorak Gardens is approximately 1.1 square kilometres. It has 2 parks covering nearly 1.6% of total area. The population of Toorak Gardens in 2011 was 2,491 people. By 2016 the population was 2,626 showing a population growth of 5.4% in the area during that time. The predominant age group in Toorak Gardens is 50-59 years. Households in Toorak Gardens are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Toorak Gardens work in a professional occupation. In 2011, 73.5% of the homes in Toorak Gardens were owner-occupied compared with 71.3% in 2016.
Toorak Gardens has 1,180 properties. Over the last 5 years, Houses in Toorak Gardens have seen a 73.15% increase in median value, while Units have seen a 66.38% increase. As at 28 February 2025:
- The median value for Houses in Toorak Gardens is $2,403,457 while the median value for Units is $612,460.
- Houses have a median rent of $770 while Units have a median rent of $500.
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