AUCTION - Saturday 14th Sep @ 1:00pm
Nestled in vibrant Mile End, this property offers an exciting opportunity for anyone aiming to establish a prominent presence within the market on the CBD doorstep.
Key Features:
Original architectural details provide a unique starting point for a stylish renovation, blending historic charm with contemporary flair. Boasting a solid brick foundation and practical build layout and rear laneway access, this home has endless possibilities.
Appreciate the optimal location with easy access to public transport, local amenities, vibrant cafes, and popular eateries. Adelaide's CBD, Rundle Mall Shopping Precinct and the bustling Mile End Homemaker Centre are only minutes away and provide everything you need right at your fingertips.
Whether you're looking for endless renovation or re-development possibilities or an opportunity to create your dream residence, this property offers unparalleled potential in one of Adelaide's most desirable and sought after neighbourhoods. Seize this opportunity to invest in a thriving area and make your vision a reality!
CT Reference: Volume: 5657 Folio: 409
Council: West Torrens
Council Rates: $1,587.55 approx / annum
Water Rates: $203.00 approx /quater
E.S. Levy: $165.80 approx / annum
Zoning: Established Neighbourhood
Year Built: 1958
Vendors Statement: The vendor's statement may be inspected at the office of Adcorp Property Group for 3 consecutive business days immediately preceding the Auction, and at the Auction for 30 minutes before commencement. The condition of the auction requires the successful bidder to pay a 10% deposit on the fall of the hammer or the following business day.
The size of Mile End is approximately 1.8 square kilometres. There are 4 parks, covering nearly 1.3% of the total area. The population of Mile End in 2016 was 4431 people. By 2021 the population was 4536 showing a population growth of 2.4% in the area during that time. The predominant age group in Mile End is 20-29 years. Households in Mile End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mile End work in a professional occupation.In 2021, 53.10% of the homes in Mile End were owner-occupied compared with 51.30% in 2016.
Mile End has 2,349 properties. Over the last 5 years, Houses in Mile End have seen a 66.23% increase in median value, while Units have seen a 94.82% increase. As at 30 June 2026:
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