2/2A Warwick AvenueKurralta Park SA 5037
Property Details for 2/2a Warwick Ave, Kurralta Park
2/2a Warwick Ave, Kurralta Park is a 16 bedroom, 16 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 45m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (October 2019)
Turner Real Estate is proud to present a sensational offering that will be sure to get Builders, Developers, Investors and Renovators captivated. Let your imaginations go wild with the array of potential and possibilities this remarkable site offers.
Those in the know will be well acquainted with the flexibility of the Urban Corridor Zone (Boulevard Policy Area 34) and its ability to allow multi-level redevelopment. The expansive dimensions of this unique 2,224m2 (approx.) corner allotment are perfectly matched by its prime location, exceptional scope, existing improvements and significant rental income potential. With 16 x fully furnished one (1) bedroom units (each of which are individually strata titled) currently occupying the site, Turner Property Management have appraised the units at $230/week each (or over $191,000/yr) which provides a good source of cashflow whilst you decide what to do. Retain and rent as-is or explore options to redevelop (STCC) this vast site, the choices are endless and yours to make.
Location is everything. At less than 5kms from the Adelaide CBD, the well-established Kurralta Park is perfectly positioned between the City and the Sea and well serviced by bus and rail services. Its also located right next door to the Kurralta Park Shopping precinct and within close proximity to a network of quality schooling, retail and entertainment options. Not to mention Ashford hospital and the 43,000 cars that drive down Anzac Highway everyday.
2224m2 of prime land
High growth area
Less than 5km to the Adelaide CBD
Zoned for medium-high density development
Existing 16 x one bedroom units (each individually strata titled)
Current high yielding rental return
Walking distance to shops, public transport, schools and medical facilities.
Easy access to Adelaide Airport, Glenelg Beach and the North-South Corridor via Marion and South Rds.
CT / Vol / Fol / x 16 titles
Year built / 1962
Land Area / 2224 sqm (approx.)
Council / City of West Torrens
Title / Strata
Council Rates / TBA
Water & Sewer / TBA
ESL / TBA
Speak to TURNER Property Management about managing this property
#expectmore
Property History for 2/2a Warwick Ave, Kurralta Park, SA 5037
- 18 Aug 2020Sold for $1,450,000
- 27 Jun 2019Listed for Sale Not Disclosed
- 13 Apr 2000Sold for $38,500
Recent sales nearby
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0About Kurralta Park 5037
The size of Kurralta Park is approximately 0.8 square kilometres. There are 2 parks, covering nearly 2.8% of the total area. The population of Kurralta Park in 2016 was 2823 people. By 2021 the population was 3139 showing a population growth of 11.2% in the area during that time. The predominant age group in Kurralta Park is 20-29 years. Households in Kurralta Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kurralta Park work in a professional occupation.In 2021, 47.30% of the homes in Kurralta Park were owner-occupied compared with 48.30% in 2016.
Kurralta Park has 1,833 properties. Over the last 5 years, Houses in Kurralta Park have seen a 71.69% increase in median value, while Units have seen a 118.58% increase. As at 30 April 2026:
- The median value for Houses in Kurralta Park is $1,150,000 while the median value for Units is $614,749.
- Houses have a median rent of $700 while Units have a median rent of $500.
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