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85 Lipsett Terrace, Brooklyn Park SA 5032

Best Offer By 17 November @ 3:00pm

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$1.2M - $1.3M Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 4 Cars 868 m²

Listed: 7 hours ago

Overview

Positioned on a substantial and generously sized 868 square meter allotment with an impressive frontage of approximately 18.4 meters, this property presents an exceptional opportunity in a well-established western suburb. The current three-bedroom contemporary residence offers a versatile layout that separates living and dining spaces, creating comfortable zones for daily living and entertaining.

Accommodation includes a master bedroom equipped with a built-in wardrobe, while modern conveniences such as tiled floors throughout provide durability and ease of maintenance. The kitchen benefits from a skylight that enhances natural illumination, and climate control is assured with split system air conditioning in the dining area and ducted air conditioning servicing the bedrooms. Completing the interior is a dedicated bathroom and laundry space, with an additional studio or office offering flexible usage, catering well to home-based work or guest accommodation.

Significantly, the property's extensive grounds provide an outstanding canvas for future development or subdivision, subject to council approval. The outdoor domain features a large alfresco area ideal for entertaining, a vine-covered gazebo adding character and shade, a spacious backyard for recreation, and three sheds offering practical storage solutions. These elements make the residence well-suited for those considering investment, renovation, or redevelopment opportunities.

Located conveniently between the city and the coast, the property benefits from proximity to major shopping hubs including ALDI, IKEA, Bunnings, and the Hilton precinct, alongside local cafes and essential amenities. Quality schooling options and recreational facilities such as golf clubs, parks, and linear park trails are also nearby, enhancing lifestyle appeal. With excellent connectivity to Adelaide Airport, West Beach, Henley Beach, and the CBD, this property appeals to a diverse range of buyers seeking substantial land and versatile living in a thriving neighborhood.

Currently tenanted with a lease until August 2027, this property offers both immediate investment returns and long-term prospects. Conceptual plans for development are available upon request, underscoring its potential.

Local Market Insights

In Brooklyn Park, Quiet Listings observed 16 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 $1,493,688. The property type mix of listed properties is predominantly Houses at 70%, followed by units (13%), and townhouses (13%). The most active agency for houses in the Brooklyn Park area is currently Ray White, representing 69% of new listings, followed by LJ Hooker with 13%. 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.