196 Grand Junction RoadPennington SA 5013
Property Details for 196 Grand Junction Rd, Pennington
196 Grand Junction Rd, Pennington is a 2 bedroom, 0 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 700m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Last Listing description (October 2023)
Welcome to an exceptional opportunity to secure a prime block of land in the heart of Pennington, South Australia. With its strategic location, generous size, and a myriad of possibilities, this vacant parcel of land is ready to become the canvas for your dream property.
Key Features:
Generous Land Size:
Location, Location, Location:
Situated at 196 Grand Junction Road, this block of land boasts an enviable location in Pennington. Enjoy easy access to major roads, public transport, and all essential amenities, ensuring a convenient and connected lifestyle.
Potential for Development:
Investors and developers will appreciate the potential this land holds. With its favorable zoning, there may be opportunities for multi-unit development or creating a lucrative investment property (subject to council approvals).
Views and Serenity:
Embrace the serenity of this peaceful location. Nestled in a friendly neighborhood, you can enjoy picturesque views and escape the hustle and bustle of the city while still being conveniently close to all amenities.
Close to Amenities:
Within a short distance, you'll find an array of schools, parks, shopping centers, and dining options, ensuring that all your daily needs are met with ease.
Investment Opportunity:
Land is a finite resource, making it a secure and valuable investment option. Owning a piece of land in such a sought-after area can prove to be a wise long-term investment.
Imagine the Possibilities:
Let your imagination run wild as you envision your future home or development project on this blank canvas. With an opportunity like this and a generous land size of 700m2, you have the freedom to create a space that perfectly aligns with your lifestyle and aspirations.
Act Now!
Opportunities like this don't come around often. Whether you're a savvy investor, a visionary developer, or a family seeking to build your forever home, this prime piece of real estate in Pennington offers an unmissable chance to secure your future.
Don't wait; contact us today to explore the potential of 196 Grand Junction Road and turn your real estate dreams into reality.
Property History for 196 Grand Junction Rd, Pennington, SA 5013
- 17 Jul 2023Listed for Sale Contact Agent
- 27 Dec 2018Sold for $295,000
- 19 Jun 2018Listed for Sale $309,950
Recent sales nearby
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0About Pennington 5013
The size of Pennington is approximately 1.4 square kilometres. There are 6 parks, covering nearly 4.3% of the total area. The population of Pennington in 2016 was 3647 people. By 2021 the population was 3773 showing a population growth of 3.4% in the area during that time. The predominant age group in Pennington is 50-59 years. Households in Pennington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pennington work in a professional occupation.In 2021, 59.00% of the homes in Pennington were owner-occupied compared with 57.50% in 2016.
Pennington has 1,569 properties. Over the last 5 years, Houses in Pennington have seen a 86.54% increase in median value, while Units have seen a 106.50% increase. As at 30 June 2026:
- The median value for Houses in Pennington is $945,828 while the median value for Units is $660,263.
- Houses have a median rent of $610 while Units have a median rent of $245.
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