118 Melrose StreetMount Pleasant SA 5235
Property Details for 118 Melrose St, Mount Pleasant
Last Listing description (February 2023)
This corner allotment raised aspect building is a stand-out within the Mt Pleasant main business area. It is significant in size, and diversity of uses. The front is almost completely cover with large windows, filling it with natural light and surrounded by verandahs for protection from elements. It contains flexibility of use with its two bathrooms, kitchen and dishwashers, 4 - 6 separate rooms and good access through 3 separate entrances.
It could even become a commercial building with residential living at the back or offer separate rooms for co-functionable business.
Colorbond fencing encloses the backyard, which has raised retaining walls. The carpark is exceptional with 7 spaces available plus disability parking.
This is extraordinary in quality, diversity of floor plan and unique presence for the area.
A must see!
Property History for 118 Melrose St, Mount Pleasant, SA 5235
- 24 Feb 2023Listed for Sale Contact Agent
- 23 Feb 2023Sold for $380,000
- 11 Aug 2020Listed for Sale $395,000 - $435,000
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About Mount Pleasant 5235
The size of Mount Pleasant is approximately 111.4 square kilometres. It has 2 parks covering nearly 1.7% of total area. The population of Mount Pleasant in 2016 was 1020 people. By 2021 the population was 1058 showing a population growth of 3.7% in the area during that time. The predominant age group in Mount Pleasant is 60-69 years. Households in Mount Pleasant are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Pleasant work in a trades occupation.In 2021, 86.10% of the homes in Mount Pleasant were owner-occupied compared with 81.20% in 2016.
Mount Pleasant has 648 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 97.02% increase in median value, while Units have seen a 67.29% increase. As at 28 February 2026:
- The median value for Houses in Mount Pleasant is $726,181 while the median value for Units is $468,104.
- Houses have a median rent of $270.
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