OFF MARKET

5 Drew Street
Two Wells SA 5501

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 251m2
Land area: 1777m2
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Property Details for 5 Drew St, Two Wells

5 Drew St, Two Wells is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 2020. The property has a land size of 1777m2 and floor size of 251m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
2020
Floor Size
251m2
Land Size
1777m2
Local Government
Mallala
Lot/Plan
A1/F7269

Last Listing description (June 2019)

Situated in the center of the Two Wells township this unique property has 2 separate zonings, 970m2 is zoned town center (commercial) and 807m2 is zoned residential. Both allotments are on one title. Housing improvement order per Housing Improvment ACT 2016 applies. Rent control set at $55
The existing improvements include a 3 bedroom home, the main bedroom has an ensuite, large lounge, country style eat-in kitchen, family bathroom and an enclosed rear lobby. The home has ducted reverse cycle air conditioning.
Other improvements include a freestanding room, a 6x9 meter shed plus sundry shedding.

With some upgrading and TLC the home may be refurbished and rented out, or you could clear the block and develop it taking advantage of the two different zonings, the town center has a frontage of 18.41 meters and the residential has a frontage of 13.79 meters.
Opportunity knocks with options.

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Property History for 5 Drew St, Two Wells, SA 5501

A timeline of how this property has performed in the market
Last Sold
$235,000
14 Jun 2019
  • 14 Jun 2019
    Sold for $235,000
  • 30 Jan 2019
    Listed for Sale $259,500

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