A North Adelaide Icon, Ready for its Next Act

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48-50 MacKinnon Parade, North Adelaide SA 5006

For Sale

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$3.25M - $3.5M Medium Confidence Calculated based on our search observations.

House 4 Beds 3 Baths 2 Cars 608 m²

Listed: 49 days ago

Updated: 9 days ago

Overview

Steeped in history and charm, this distinguished North Adelaide residence, originally built in the 1830s as a theatre, offers a rare blend of character and contemporary living. Positioned on a premium corner allotment just on the city fringe, the property boasts convenient access to scenic parklands and vibrant local amenities including dining and entertainment venues.

The unique layout provides zoned accommodation with four bedrooms, including two generous ensuited bedrooms occupying the former theatre's receiving hall and bar area. The additional bedrooms are tucked away at the rear, sharing an authentically styled Federation bathroom.

At the heart of the home is a marble-topped, commercial-grade kitchen featuring premium appliances, connecting seamlessly to Tasmanian oak hardwood flooring and a spacious lounge. Here, original theatre elements such as gold leaf mouldings and a combustion fireplace elevate the ambiance, marrying heritage with modern comforts.

Outdoor spaces are thoughtfully designed for year-round enjoyment, featuring a north-facing eco-friendly deck perfect for entertaining, an undercover verandah, and the shade of a mature Mulberry tree, creating enduring appeal and lively social opportunities in every season.

This home is well suited to families and buyers seeking a prestigious residence within walking distance of cultural events like Mad March, sports at Adelaide Oval, and performances at the Festival Theatre. Excellent school zoning for reputable institutions enhances its desirability ensuring lifestyle and education needs are met.

Two large ensuited bedrooms with private zonefulness
Two additional bedrooms sharing a period-style bathroom
Commercial-grade kitchen with marble benchtops, Miele dishwasher, and butler's pantry
Architectural highlights include high ceilings, stunning stained glass, and skylights
Double carport and ducted reverse cycle air conditioning for convenience
Eco-friendly 3kW solar system supports sustainable living
Development approvals in place for significant extensions including extensive roof deck options

Adjacent to the City of Adelaide Parklands with recreational facilities and surrounded by boutique cafes and restaurants, this property promises a lifestyle rich in culture, community, and comfort while holding a rare piece of North Adelaide's illustrious theatrical past.

Local Market Insights

In North Adelaide, Quiet Listings observed 5 new houses entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $2,160,000. The property type mix of listed properties is predominantly Houses at 61%, followed by townhouses (17%), and units (11%). The most active agency for houses in the North Adelaide area is currently Ocre, representing 40% of new listings, followed by TOOP+TOOP Real Estate with 40%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.