20 Nilpena Avenue, Park Holme, SA 5043
Sold: $310,000 (02-18-2015)- hotel 3
- hot_tub 1
- directions_car 2
Situated approximately 9km* south-west of the city on an enviable Torrens Titled corner allotment in popular Park Holme, this unique opportunity could in fact become your very own Cinderella story.
Significant work has already been undertaken, providing the lucky buyer with a brilliant opportunity to further improve, finish, & realise the properties potential.
Works to date include partial restoration of the floors, significant electrical upgrades & rewiring, new ceilings, selected flushing & wall repairs, removal of old fixtures & cabinets, & a number of other items to allow you to start creating your very own masterpiece on this comparatively blank canvas.
Located in popular Park Holme, the property offers surprising convenience which may in part be responsible for the significant growth in median prices in the area over the last ten years, & the notable redevelopment taking place in the suburb. This is a suburb on the move, & with median prices having risen significantly over the last two years (17.9% 2014 year-to-date & 4.8% 2013), this is an opportunity well worth considering (Source: RP Data). Naturally, we encourage all buyers to undertake their own due-diligence to establish the suitability of the opportunity.
A wide range of handy amenities can be found within close proximity including local & major retail centres including Castle Plaza & Westfiled Marion, public transport, schools, sports facilities, & dining & entertainment venues; whilst a number of other attractions including Morphettville Racecourse, & Glenelg & Somerton Beaches are also surprisingly close.
For buyers with trade backgrounds or those with a strong affection for renovation or their local hardware, your hard work could be handsomely rewarded in time.
The property is to be auctioned on Thursday 15th Jan 2015 at 5.30pm on-site (UNLESS SOLD PRIOR). All written offers prior to auction will be presented for serious consideration.
We encourage your prompt inquiry to avoid disappointment.
PLEASE NOTE - All relevant documentation including respective searches, Form 1 (Vendor Statement), & Contract will be available for perusal by prospective purchasers three (3) consecutive business days prior to the day of auction & 30 minutes prior to the commencement of the auction on-site. We encourage all prospective bidders to arrive 15 minutes prior to the commencement of the auction to allow sufficient time to register.
*approximately