SOLD
Sold on 11 Jun 2024 for $2,800,000

103 Grant Avenue
Toorak Gardens SA 5065

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Land area: 1135m2
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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.

Building Type
Unit
Year Built
1925
Land Size
1135m2
Local Government
Burnside
Lot/Plan
A21/F140882

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.

What a wonderful opportunity to build two designer homes with the ability to live in one then sell the other or enjoy both as multi-generational families living side by side.
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

A timeline of how this property has performed in the market
Last Sold
$2,800,000
11 Jun 2024
Listed for Rent
$280/w
20 Apr 2016
  • 11 Jun 2024
    Sold for $2,800,000
  • 07 Feb 2024
    Listed for Sale CONTACT AGENT
  • 02 Dec 2021
    Sold 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 1,176 properties.

    There are currently 1 property listed for sale, and 3 properties listed for rent in Toorak gardens on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Toorak gardens.

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    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.