29 Alfred St, Aitkenvale is a 8 bedroom, 4 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1012m2 and floor size of 164m2.This Property is currently listed for sale with Whaley & Co Property
Welcome to a truly rare real estate gem - a fully established multi-dwelling estate that redefines flexibility, space, and opportunity. Whether you're seeking the ultimate multi-generational family sanctuary or a high-yield investment powerhouse, this property is a game-changer. Located in the heart of Aitkenvale, this expansive estate offers convenience and lifestyle with an array of local amenities and attractions just moments away.
The Highlights:
- 3 fully self-contained residences on one expansive 1012sqm block
For Families
Spread out and settle in. This is a forever home with room to grow - offering privacy and independence for extended families, guests, or older children. Each dwelling is thoughtfully updated and fully self-contained - perfect for harmonious multi-generational living. The property's proximity to local schools such as Pimlico State High School and Cathedral School of St Anne & St James makes it an ideal choice for families aiming for quality education.
For Investors
This is the dream setup:
- Maximise cash flow with multiple income streams
- Proven Airbnb success and strong long-term rental appeal
- Run a home office, studio, or even a dual-living setup with ease
THE RESIDENCES
Upstairs Family Home
- 5 spacious bedrooms
- Open-plan living and dining
- Full modern kitchen
- Recently updated bathroom and separate toilet
- Rear screened deck with sweeping Mount Stuart views
- Fully air-conditioned
Downstairs Retreat (Currently Airbnb)
- Sleeps 6+
- Brand-new kitchen
- Large living and dining zone
- Full bathroom and laundry
- Huge covered outdoor entertaining area
- Direct pool access and outdoor shower
- Consistent short-term rental income
Private Studio Apartment
- Renovated and self-contained
- Separate private entry and courtyard
- Brand-new kitchen and bathroom
- Fully air-conditioned with ceiling fans
- Ideal for a guest suite, teen retreat, or granny flat
THE BLOCK
Fully fenced and landscaped 1012sqm block
Secure, family-friendly street
Resort-style pool with upgraded equipment
Solar power for energy efficiency
Convenient to schools, major shopping centres, and public transport
Properties like this are incredibly rare - and unmatched in versatility. Whether you're buying for lifestyle or for returns, this is your chance to secure one of the most adaptable homes on the market today.
Contact us now to arrange your private inspection.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
The size of Aitkenvale is approximately 3.3 square kilometres. It has 8 parks covering nearly 15.5% of total area. The population of Aitkenvale in 2016 was 4790 people. By 2021 the population was 4797 showing a population growth of 0.2% in the area during that time. The predominant age group in Aitkenvale is 20-29 years. Households in Aitkenvale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Aitkenvale work in a professional occupation.In 2021, 52.50% of the homes in Aitkenvale were owner-occupied compared with 51.80% in 2016.
Aitkenvale has 2,534 properties. Over the last 5 years, Houses in Aitkenvale have seen a 111.49% increase in median value, while Units have seen a 152.59% increase. As at 31 March 2026:
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