A prime opportunity awaits: 1,174sqm prestigious site offers a rare, once-in-a-lifetime chance to shape this sought-after, exclusive locale’s future.
Discover a rare opportunity in Kensington Park’s exclusive circle with a property that may be the finest location you’ve been seeking for your cherished future. Spanning approximately 1,174 sqm, this residence is nestled amongst the Eastern suburb’s premier real estate.
The original C1910 residence still stands – a generational 4-roomed double fronted cottage featuring a sandstone and red brick façade, held within the same family for three generations. A rear extension was added years ago, but the property now requires restoration. The opportunity exists to revive the heart of this home, renovate and expand the cottage (subject to Planning Consent), though it’s a project for the determined.
Alternately. Start fresh and design your dream family home with ample space to spread out and include every desired feature, or undertake a landmark redevelopment to meet the growing demand for luxurious living and introduce a new era of elegance and style (STCC).
This esteemed precinct offers exceptional nearby amenities, leaving you spoiled for choice. Well-connected by bus routes on nearby Kensington Road and The Parade, is just steps from Marryatville Shopping Centre and the iconic Regal Cinema.
Enjoy the suburb’s thriving café culture, stunning parks and reserves, ovals and sporting facilities all within easy reach. Zoned for Marryatville Primary and Norwood International School.
Prestigious schools like Pembroke College are only metres away. With a short drive down Kensington Road and Norwood Parade leading to Loreto, St Ignatius and Mercedes College – all within minutes.
This location is just 10 minutes from the City and moments from both Burnside Village and The Parade, two of Adelaide’s most coveted lifestyle hubs, renowned for their curated boutique shopping, fine dining and vibrant café culture.
The true value lies in the exciting potential to reap significant future rewards.
Significant Features or Options: (Not Financial Advice):
- Encompassing two vast titles, this property unlocks a wealth of development possibilities.
- Boasting a 15.24m wide frontage on May Terrace.
- Set under “residential” zoning guidelines, you have the scope (STCC) to build three dwellings at a maximum of 350sqm each, two spacious homes or a striking single residence fitting Kensington Park grand aesthetic.
- The current dwelling is not without its potential should you want to take on an ambitious renovation project on a parcel with established trees that have been assessed by Tertiary Tree Consulting.
Allotment 63
CT 5877 / 367
Frontage / 15.24m
Depth / 45.42
Allotment 67
CT 58277 / 971
Frontage / 24.38m
Depth / 19.99
Council / City of Burnside
Zoning / Established Neighbourhood
Built / 1910
Council Rates / $ 894.95pq
Council Valuation / $2.1M
SA Water / $291.65pq
ES Levy / $253.40pa
It is important to note this disclaimer upon you – as the potential purchaser/s to obtain independent professional advice as all information marketed, care of the property on behalf of the vendor/s has been sourced from external sources.
Raptis Real Estate as authorised agents (RLA: 267938) is neither responsible for the content/s of the information, nor accepts liability to any party who might use or rely upon this information in whole or part of its contents of any errors or omissions including, but not limited to the land size, build size or dimensions, floor plans, building age and or condition or any other particulars of Interest.