31 Leicester St, West Richmond is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 762m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
It's extremely rare that an opportunity like this presents itself
Positioned perfectly between the City and Sea on a large 780m2 allotment comes this Unique Family Home along with a Fully Furnished Apartment.
With 5 bedrooms plus a study, 2 bathrooms, 3 living areas, a large updated undercover in-ground swimming pool and a newly built media recording studio on a large block in an ever-updating street and suburb only 7 minutes drive from Adelaide City, makes this a must see!
Highlights:
- Various Development Options - Examples Attached (STCC)
- Dual driveway/crossover in place for that caravan, boat or second home if subdividing.
- 3 Bedroom Home plus study and garage that can be used as an office + 2 Bedroom Apartment that can be rented separately (Fully Furnished)
- Large In-ground Concrete Swimming Pool + New Lighting and Updated Pool Equipment
- Undercover Entertaining area
- Newly built media and recording sound-proof studio with lighting rails, reverse cycle ac, multiple power-points, CAT6 connection and a sound isolation booth.
- 2 phase power with 2 x Solar Systems (22 Panels in Total)
- Monitored Security System
- CCTV Security System
- 5 Split System Air Conditioners
- New Hot Water System (2020)
- Raised vegetable garden beds
- NBN
Whether you choose to:
- Move into the main home and rent out the apartment or put those noisy teenager kids in there
- Renovate the main home
- Build your brand new dream home and keep the pool and studio at the rear
- Sub divide and build 2 new homes, or rent out the Fully Furnished Apartment whilst you continue your subdivision/build
- Take advantage of the new urban code and sell off 300sqm of land, retain the pool and studio and build your 2 story, double garage alfresco home on the eastern 480smq side (STCC).
This site is bursting with potential to renovate, divide or build your dream home. There are endless opportunities!
As for location, it doesn't get much better than this. Just 5km minutes away from the Adelaide CBD and less than 10 minutes to the beach.
In close proximity to a number of quality schools, shopping centres, restaurants and public transport; this spot is exceptionally convenient.
Start making your plans for this property and act quickly as this home along with all of its features and potential in this highly sought after location will not be on the market for long!
Please contact Robbie Leigh to discuss further
The size of West Richmond is approximately 0.4 square kilometres. The population of West Richmond in 2016 was 968 people. By 2021 the population was 1087 showing a population growth of 12.3% in the area during that time. The predominant age group in West Richmond is 30-39 years. Households in West Richmond are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West Richmond work in a professional occupation.In 2021, 64.70% of the homes in West Richmond were owner-occupied compared with 60.90% in 2016.
West Richmond has 521 properties. Over the last 5 years, Houses in West Richmond have seen a 100.28% increase in median value, while Units have seen a 97.17% increase. As at 31 December 2025:
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