A Rare Opportunity Indeed-Ideal Redevelopmnet Site

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

514 The Parade, Rosslyn Park SA 5072

Thu 15 Oct At 6:00pm

Search Band Search Visibility Band

$1.2M - $1.32M Low Confidence Calculated based on limited search observations.

House 4 Beds 1 Bath 3 Cars 929 m²

Listed: 14 days ago

Overview

Set in the heart of Rosslyn Park, this charming 1920s character home presents a rare opportunity for renovators or developers, positioned on a sizable 929 square meter easement-free rectangular block measuring approximately 15.24m by 60.96m. The substantial land size is an exceptional find in this sought-after eastern suburb, providing an excellent canvas for transformation or redevelopment subject to council approval.

The existing residence retains a classic appeal with its four spacious bedrooms, a family room, and a study, all underpinned by impressive high ceilings that enhance the sense of space and character. The kitchen is functional with modern conveniences including a dishwasher and gas hot plates, while the family room is warmed by a combustion heater, offering comfort and a cozy atmosphere. Practical needs are met with secure off-street parking provided by a lock-up brick garage accommodating two cars, complemented by an additional car space, making it ideal for households with multiple vehicles or visitors.

This property offers great versatility, enabling buyers to restore its original charm or explore contemporary design options to suit modern lifestyles. Its location within a vibrant and well-connected neighborhood means local amenities are conveniently accessible on foot. Proximity to prestigious schools such as Norwood International High School and St Peter's Collegiate Girls' School, as well as premier shopping and recreational areas including Kensington Gardens Reserve and Burnside Village, enhances the location's desirability.

Whether you are a family seeking a prominent home base with lifestyle benefits, a developer looking for potential in a tightly held area, or an investor keen on a substantial allotment with redevelopment possibilities, this property warrants attention. The vendor is setting a realistic reserve and is open to offers prior to the auction scheduled for 15 October 2026 at 6:00pm onsite, with flexible settlement arrangements available. This exceptional offering stands as a gateway to creating a dream home or valuable investment in one of Adelaide’s most prized eastern suburbs.

Land size approximately 929sqm easement-free and rectangular in shape.
Four generous bedrooms and additional study space featuring high ceilings.
Functional kitchen fitted with dishwasher and gas hot plates.
Family room with combustion heater providing a warm, inviting space.
Secure lock-up brick garage with parking for two cars plus an extra car space.
Impressive location close to quality education, parks, shopping, and dining precincts.
Perfect for renovators, developers, families, and investors seeking potential and lifestyle.

Local Market Insights

In Rosslyn Park, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $1,213,167. The property type mix of listed properties is predominantly Houses at 65%, followed by units (15%), and land (15%). The most active agency for houses in the Rosslyn Park area is currently Ray White, representing 33% of new listings, followed by Alexander Real Estate with 17%. 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.