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Overview
Situated in a quiet court, this property offers a substantial opportunity primarily for developers, renovators, or those with a strong vision and practical skills. The site comprises a 590 square metre allotment with a traditional house structure that calls for restoration and reinvigoration.
The residence includes three bedrooms and a formal lounge, providing a foundational layout upon which to craft a comfortable living space. While the existing amenities include a kitchen/dining area, bathroom, and laundry, the true appeal lies in the space available and the potential to reimagine the home to suit modern needs.
Adding to the functionality is a double garage/workshop and multiple carport spaces, including a double length carport and a separate area suitable for storing larger vehicles such as a boat or caravan. For those who enjoy outdoor gatherings, there is a gabled roof outdoor entertaining area complemented by garden sheds enhancing storage options outside.
This property is ideal for buyers willing to invest effort into bringing a property back to life, offering a solid starting point with excellent potential to add value. It will particularly appeal to hands-on individuals looking for a renovation project in a peaceful location. The auction is scheduled on-site, making it an exciting prospect for those ready for a challenge.
Local Market Insights
In Morphett Vale, Quiet Listings observed 42 new houses entering the market over the last 30 days, up from 38 during the previous 30-day period, with an average advertised asking price of $860,071. The property type mix of listed properties is predominantly Houses at 79%, followed by units (13%), and land (6%). The most active agency for houses in the Morphett Vale area is currently Ray White, representing 36% of new listings, followed by Magain Real Estate with 31%. 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.
Location
Market Insights for Morphett Vale SA 5162
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