OFF MARKET

1 Mellor Street
West Beach SA 5024

Bedrooms: 5
Bathrooms: 3
Car spaces: 6
Floor area: 314m2
Land area: 808m2
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Last updated 11 Nov 2024
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Property Details for 1 Mellor St, West Beach

1 Mellor St, West Beach is a 5 bedroom, 3 bathroom House with 6 parking spaces. The property has a land size of 808m2 and floor size of 314m2.

Building Type
House
Floor Size
314m2
Land Size
808m2
Local Government
Charles Sturt

Last Listing description (August 2018)

Set on an elevated and valuable corner allotment of approximately 808sqm only 150m (approx.) access from the white sands of West Beach and nestled close to the Torrens River Linear Park. This unique rare and versatile property offers three residences on an outstanding coastal opportunity for the astute buyer looking for a diverse property project with abundant opportunities.

Comprising of a 3 bedroom main home and two 1 bedroom units which are presently on one Torrens Title. Offering a secure rental income from all three properties of approximately $825 per week combined and further development options for the investor or home occupier to Airbnb, develop, rent or renovate including:

Subdivide the house and put the two units onto separate Community Titles (subject to council consent).The current owner have done the preliminary groundwork for you.

Two street frontages and potential views across the city towards the hills provides potential for redevelopment opportunities (in accordance with the zoned western edge policy area 17, Charles Sturt Council).

The flexible floor plan of the main residence on the corner of Mellor and Clegowie Streets comprises of three large bedrooms, formal lounge with heating and adjoining split-level dining room with air conditioning. A practical kitchen including dishwasher and a separate laundry leading to internal access to garage with electronic door. Outdoors features a private courtyard and an expansive front garden capturing views of the city and hills beyond.

The pair of units each face Mellor Street and comprise of a large open-plan living area adjacent the kitchens, one generous bedroom with built in robes and a sizeable bathroom with laundry facilities. Unit two is above unit one and has recently been renovated throughout including a new kitchen, flooring and split air conditioning system. Each unit has its own carport and car parking for a second car, a shed each and recently paved courtyard space.

This property is all about location and a rare investment opportunity. The bustling social hub Henley Square is just down the road together with local shopping and nearby Harbour Town. There is convenient public transport to the CBD and the glorious beach at your doorstep. This is a sea change or investment with a difference explore the many options today.

To be Auctioned as a whole on site Saturday 16th December at 11.30am (unless sold prior).

Property History for 1 Mellor St, West Beach, SA 5024

A timeline of how this property has performed in the market
Listed for Rent
$350/w
27 Jul 2017
  • 21 Nov 2017
    Listed for Sale Auction 16/12/17 @ 11.30am (usp)
  • 26 Jun 2017
    Listed for Rent $350 / week

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About West Beach 5024

The size of West Beach is approximately 4.3 square kilometres. It has 20 parks covering nearly 39.9% of total area. The population of West Beach in 2011 was 4,480 people. By 2016 the population was 4,951 showing a population growth of 10.5% in the area during that time. The predominant age group in West Beach is 40-49 years. Households in West Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Beach work in a professional occupation. In 2011, 70.9% of the homes in West Beach were owner-occupied compared with 69.6% in 2016.

West Beach has 2,551 properties. Over the last 5 years, Houses in West Beach have seen a 87.13% increase in median value, while Units have seen a 63.45% increase. As at 31 October 2024:

  • The median value for Houses in West Beach is $1,521,232 while the median value for Units is $525,224.
  • Houses have a median rent of $750 while Units have a median rent of $470.
There are currently 8 properties listed for sale, and 9 properties listed for rent in West beach on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in West beach.

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Disclaimer
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.