4 Sapphire Terrace, Parafield Gardens, SA 5107
- 3
- 1
Sold
Sold for $470,000 (May 17, 2023)
Ripe for Redevelopment
This property boasts a prime location in very popular Parafield Gardens on a spacious 686 (approx) square metre allotment with a generous 21.336 metre frontage and more than 32 metres deep.
There are no Encumbrances or Easements.
For the Developer, demolish then build an impressive home or split the allotment in two and build two separate titled Villa/Courtyard home (STCC) to sell or rent.
Currently tenanted until November 2023 to a tenant who is happy to stay on longer, there is holding income while you plan your development.
Perhaps you are looking for a well located, large allotment to build your dream home
- This level allotment should tick all your boxes!
For the investor, secure a valuable piece of land while retaining the current tenant who would like to stay on.
Although the residence is in need of renovation, another possibility is purchasing as a project to renovate then reside in.
Whatever way you look at it, this is a fantastic opportunity too good to miss. Contact us today to arrange a private viewing (no opens scheduled) and discover the potential for yourself.
All drawings and measurements are approximate.
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L22631213
- Property Type:House
- Land Area:686 sqm
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 215 |
Average Price | $577,882 |
Median Price | $570,500 |
Median Rental Price | $510 p.w. |
Change in Rental Rate (5yr) | 55 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 9 |
Average Price | $441,333 |
Median Price | $324,250 |
Median Rental Price | $380 p.w. |
Change in Rental Rate (5yr) | 32 % |