513 & 515 Churchill Road, Kilburn, SA 5084
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Auction
Auction onsite at 11:30am on 21/09/2024 (USP)
Prime Development Opportunity: Two Torrens Title Properties on Churchill Road with Endless Possibilities
Are you in the market for a property that offers plenty of space and versatility? Look no further than this exceptional opportunity on Churchill Road, Kilburn. Situated on approximately 741 sqm of land with two separate titles and a Frontage of 20.12m (app.), this property is a gem that should not be missed.
513 Churchill Road, Kilburn
Land Size: Approximately 368 sqm
Current Status: This property was tenanted, generating a market value rent of approximately $550 weekly.
Features: The house includes three bedrooms, a well-appointed bathroom, and two designated car parking spaces. The layout is functional and cozy, providing a comfortable living space for you and your family.
Endless Possibilities
515 Churchill Road, Kilburn
Land Size: Approximately 373 sqm
Current Status: This property is currently uninhabitable due to a work order and requires renovation. Section 32 : Subject to a Housing Improvement Order.
With a total of approximately 741 sqm of land at your disposal, the potential for this property is truly limitless. Imagine creating your own outdoor oasis with a lush garden, an entertaining area, or even adding additional structures to suit your needs. The spacious land size provides ample room to bring your creative ideas to life.
Investment Opportunity
For savvy investors, this property represents a fantastic opportunity for a high return on investment. The dual titles offer the potential for multiple streams of income, whether through renting out the house and land separately or exploring development options. With the property market constantly evolving, now is the time to secure this valuable asset.
Key Features
Two separate titles with a combined land size of approximately 741 sqm
513 Churchill Road: Good condition for potential investment property on 368 sqm approx. with an estimated rental income of $550 weekly
515 Churchill Road: Uninhabitable property on 373 sqm approx. Section 32 : Subject to a Housing Improvement Order.
Three bedrooms, one bathroom, and two car parks at 513 Churchill Road
Potential for high return on investment
Ideal for renovation, development, or rental income
Prime Location
Located near the pulsing heart of Prospect Road and the bustling Churchill Centre, this Kilburn residence is a multi-faceted living solution that provides both the comforts of home and the pragmatism of additional accommodations. It's an opportunity for savvy homeowners who seek the perfect blend of privacy, convenience, and investment potential, all wrapped up in one neat package.
Don't let this unique real estate opportunity slip through your fingers. Unlock the potential of this 741 sqm approx. land with two separate titles and make your property dreams a reality.
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 Form 1.Sub
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- Property ID: L28341982
- Property Type:House
- Carports:3
- Open Parking:2
- Land Area:741 sqm
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 52 |
Average Price | $709,750 |
Median Price | $668,500 |
Median Rental Price | $520 p.w. |
Change in Rental Rate (5yr) | 63 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 17 |
Average Price | $460,829 |
Median Price | $432,000 |
Median Rental Price | $430 p.w. |
Change in Rental Rate (5yr) | 59 % |