124 Kenwick Rd, Kenwick is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 732m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Kenwick in the last 12 months.
UNDER OFFER
Spacious 732m2 Block | Solid 4 Bedroom House | Prime Location
If you're looking for a solid property with fantastic development potential, this 4-bedroom, 1-bathroom home in Kenwick is just what you've been waiting for!
Situated on a generous 732m2 lot with R20/R30 zoning, this property offers incredible flexibility for investors, developers, and homeowners alike.
Investment Appeal
With an estimated rental of $580 to $610 per week in today's market, this property represents a sensible investment decision. An excellent "set-and-forget" with immediate income.
Development Potential (Subject to Council Approvals)
The opportunities here are extensive, and the choice is yours:
* Keep the Current Home: Retain the existing 4-bedroom residence, subdivide the land, and build an additional home at the back. An ideal setup for dual-income potential.
* Build a Granny Flat: Capitalize on the spacious backyard by adding a granny flat. Perfect for extra rental income, multigenerational living, or guest accommodation.
* Demolish & Rebuild: Start fresh by subdividing the block. You can build two brand-new homes to sell, lease, or live in.
* Subdivide & Sell or Build: Subdivide the land into two separate lots. Sell both lots, or build a new home on one lot while selling the other as vacant land.
Property Features:
This well-maintained property boasts practical features and plenty of outdoor space, including:
* Evaporative Air Conditioning: Beat the summer heat and stay comfortable with cost-effective cooling.
* Large Backyard: Ample room for family gatherings, play areas, or future development, along with a shed for storage or hobbies.
* Extensive Parking: A Carport for 2 vehicles plus additional open parking for 2 more cars, ideal for families with multiple cars or guests.
* Wide 20.5m Frontage: Provides added flexibility for development and maximizes the value of the block.
Prime Location (Distances Are Approximate)
* East Kenwick Primary School: Just 450m away, making school runs a breeze.
* Rehoboth Christian College: Only 650m from the front door.
* Kenwick Train Station: Located just 1.6km away, providing quick and easy access to public transport for city commutes or weekend trips.
** This property is currently tenanted until April 2, 2025, bringing in a steady rental income of $530 per week.
The size of Kenwick is approximately 9.8 square kilometres. It has 14 parks covering nearly 7.9% of total area. The population of Kenwick in 2011 was 5,461 people. By 2016 the population was 5,686 showing a population growth of 4.1% in the area during that time. The predominant age group in Kenwick is 20-29 years. Households in Kenwick are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kenwick work in a trades occupation. In 2011, 69.5% of the homes in Kenwick were owner-occupied compared with 70.6% in 2016.
Kenwick has 2,716 properties. Over the last 5 years, Houses in Kenwick have seen a 114.31% increase in median value, while Units have seen a 100.85% increase. As at 28 February 2025:
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Population 5,686
0-9
14%
10-19
12%
20-29
17%
30-39
17%
40-49
14%
50-59
12%
60-69
9%
70-79
5%
80-89
2%