53 Melrose StreetMount Pleasant SA 5235
Property Details for 53 Melrose St, Mount Pleasant
53 Melrose St, Mount Pleasant is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1900. The property has a land size of 1484m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in July 2014.
Last Listing description (June 2014)
Money In The Bank!
An appealing centrepiece of Mt Pleasant architecture, this character bluestone property accommodates both residential and commercial applications smack bang in the middle of town.
Up until recently the ANZ invested an estimated $300,000 renovating the front section of this stunning property to house its Mt Pleasant branch. This included a kitchenette and handicap compliant toilet not to mention the four mini-split systems, Italian lighting, plus firewall and security glass which all still remain in place. With two classic cricket bat doors opening to the main street, the commercial potential for this property is flexible with the possibility of leasing either two independent office spaces or one very professionally presented shop front with separate rooms and ample window space facing the main street. Alternatively, the front rooms could also be incorporated into the residential component of the house to make a spacious family home.
The residential component of the property consists of three bedrooms with an option of either a fourth or a separate study excluding the commercial component. It is not a large residence in its current format but what it lacks in size it makes up in character. With 12 foot ceilings highlighting beautiful cornices, roses and pressed tin in places the 140.3m2 residence oozes character with exposed Baltic pine floorboards as you enter with a lounge room off to the right and the first bedroom to the left both with original fireplaces intact. There are two more bedrooms with built in robes and a possible fourth near the kitchen. The kitchen is only 12 years old and is quite spacious with room for a decent sized dinner table. The lean too at the back of the property houses a study nook or artists studio, a separate toilet, the laundry and the main bathroom. With 18 inch walls inside and out along with ample heating and cooling in place it is an inviting residence that will never loose its appeal.
If there is one primary selling point in Mount Pleasant that every land owner values, it is the size of the blocks and 53 Melrose Street Mount Pleasant is no different. It is a large allotment on 1484m2 and includes an 8m x 12m Shed with concrete and single phase power. Access is easy and the property is fenced down the sides and across the back. However it does not stop there. The property incorporates part of the Torrens River ending halfway across Adelaide's primary source of water flow. It does not necessarily accommodate rowing, paddleboats or the Popeye, but at least when you visit the cricket or tennis in town you will know where the water has travelled.
A genuinely appealing property that would suit project renovators, first home buyers, investors, singles, commercial property owners/investors or Darb and Joan, if you have read this far and the property has your attention then please contact Angus Campbell from Harcourts Adelaide Hills to arrange an inspection of this rare piece of architectural splendour - 0411 737 794.
Additional feature/s - Tenure: Freehold Property Type: House Insulation: Walls.
Property History for 53 Melrose St, Mount Pleasant, SA 5235
- 17 Jul 2014Sold for $350,000
- 18 Feb 2014Listed for Sale $385,000
- 22 Oct 2013Listed for Sale $419,000
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0About 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 647 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 106.98% increase in median value, while Units have seen a 85.70% increase. As at 31 October 2025:
- The median value for Houses in Mount Pleasant is $733,758 while the median value for Units is $455,076.
- Houses have a median rent of $270.
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