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  • 5 Lane Street, RICHMOND, SA 5033

5 Lane Street, Richmond, SA 5033

  • 3 Bed
  • 1 Bath
  • 2garages

Sold

Auctioned for $955,000 on Nov 11, 2023

Character home on large allotment ripe for renovation

Accommodation

This very charming, sand stone fronted Bungalow sits on a large allotment of some (766sqm app) and is configured with 2-3 bedrooms (the lounge room could be utilised as a 3rd bedroom) and a dining and family area. The property sits in the General Neighborhood zone and presents with plenty of renovation and development potential subject to council consent (STCC). It is most certainly a renovators delight or blank canvas ready to be redeveloped subject to council consent (STCC).

Key Features:

-Lofty Ceilings

-Large solid bedrooms

-Solar panels

-Gas heater in lounge room

-x2 sheds

-Sits in General Neighborhood zone

-15.24m frontage

-Ripe for renovation or development STCC

-RC AC (not currently in working condition)

-5 Gas burner cook top

-Ideally looking for settlement before the 31st Dec.

Lifestyle

Richmond is a suburb only 10min from the CBD, 3km from Victoria Square, 3 kms from West Beach and 1.5 km from the Airport. You have public transport options on Richmond Road and South Road with a plethora of shopping options in Kurralta Park, Mile End, Cowandilla, Torrensville and the City. Nearby schools include Richmond, Torrensville, Cowandilla and Plympton Primary School and Mitcham Girls Highschool. You are zoned for Plympton International College.

The Vendor's Statement (Form 1) will be available for perusal by members of the public at the office of the agent at Raine & Horne Unley, 4/215-217 Unley Road, Malvern for at least 3 consecutive business days immediately preceding the auction and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction.

*Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

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avatar Constantine Pappas
Constantine Pappas
Director | Sales Agent | Auctioneer
avatar Ranjani Barot
Ranjani Barot
Sales Agent & Sales Support

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Property Info:
  • Property ID: L25038968
  • Property Type:House
  • Garages:2
  • Land Area:766 sqm
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R&H Suburb Profile: Richmond
R&H Suburb SummaryHouses
Number of sales37
Average Price$941,705
Median Price$924,000
Median Rental Price$595 p.w.
Change in Rental Rate (5yr)57 %
R&H Suburb SummaryUnits
Number of sales16
Average Price$610,284
Median Price$587,500
Median Rental Price$450 p.w.
Change in Rental Rate (5yr)41 %
Median Trend - $924,000
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