Large 570 Sqm Block ~ Potential in Prime Location!

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34 Ward Street, Pennington SA 5013

Expressions Of Interest

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$700k - $750k Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 4 Cars 570 m²

Listed: yesterday

Overview

Set on a spacious 570sqm allotment with a notably wide 15.20m frontage, this house in the heart of Pennington offers significant potential for redevelopment or renovation, catering to those seeking to tailor the property to their aspirations.

The property's zoning as City of Charles Sturt GN - General Neighbourhood highlights its flexibility for future use, making it an attractive prospect for investors or families considering a project in a convenient location.

While originally serving as a family home, its positioning near essential amenities adds to its appeal. Residents can enjoy close proximity to local shops, including the Arndale shopping centre, supermarkets, cafes, restaurants, and public transport options.

Quality education is easily accessible with several nearby government and private schools, complemented by direct express train services to Adelaide CBD, offering a seamless commute for professionals.

The land size and frontage enhance the property's redevelopment possibilities.
Parking is ample with four spaces comprising one garage and three carports, with secure parking options.
Additional features include a fully fenced yard, a shed, and a workshop area that support a functional lifestyle or potential home improvement.

This property is well-suited for buyers looking for opportunity in a sought-after location, offering a combination of lifestyle convenience and development possibilities that are becoming increasingly rare in the area.

Local Market Insights

In Pennington, Quiet Listings observed 13 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $784,000. The property type mix of listed properties is predominantly Houses at 78%, followed by units (6%), and land (6%). The most active agency for houses in the Pennington area is currently Ray White, representing 54% of new listings, followed by LJ Hooker with 23%. 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.