12 Cungena Ave, Park Holme is a 2 bedroom, 1 bathroom House. The property has a land size of 836m2 and floor size of 114m2.
PRIME DEVELOPMENT OPPORTUNITY - ONE FAMILY'S LEGACY SITE!Set on a prime 836m (approx.) allotment with an 18.28m frontage and prized north-facing rear, this exceptional parcel presents an outstanding opportunity in a thriving, fast-evolving pocket surrounded by quality new homes.Held by the one family for generations, the much-loved original home has sadly seen its time and is now ready for complete removal - opening the door to an exciting new chapter. Whether you're looking to redevelop, subdivide into two allotments (subject to necessary consents), or design one grand family residence, the options here are outstanding.The allotment itself is superbly proportioned - level, rectangular, and beautifully framed by a mature gum and stunning oak tree standing proudly at the rear of the block, adding a touch of nature and timeless character to this rare find.Perfectly positioned within easy reach of local shops, schools, and public transport, and only 9km to the Adelaide CBD or 6km to the beaches and shopping hubs of Glenelg and Brighton, this location delivers the ultimate blend of convenience, connection, and long-term growth.A genuine estate sale, the Executors have set a very realistic reserve of $885,000 and invite all offers for their consideration on or before Monday 10th November @ 1pm. Opportunities like this are becoming increasingly scarce - act quickly to secure your slice of the future today.
The size of Park Holme is approximately 1.1 square kilometres. There are 5 parks, covering nearly 3.7% of the total area. The population of Park Holme in 2016 was 2864 people. By 2021 the population was 3199 showing a population growth of 11.7% in the area during that time. The predominant age group in Park Holme is 20-29 years. Households in Park Holme are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Park Holme work in a professional occupation.In 2021, 55.90% of the homes in Park Holme were owner-occupied compared with 53.20% in 2016.
Park Holme has 1,712 properties. Over the last 5 years, Houses in Park Holme have seen a 80.23% increase in median value, while Units have seen a 101.28% increase. As at 31 July 2026:
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