48 Ward St, St Leonards is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in September 2010.
Representing exceptional value, following a price reduction, this superb 1,690m (approx.) allotment offers a unique opportunity to secure a stand-out property, with future growth and development potential (STCA), just moments from the bay and vibrant St Leonards township. Offering the ideal opportunity for developers, investors, or those seeking space to grow this property will appeal to those with a growth mindset. Multi-unit developments on other allotments in this street have proven successful to developers and the potential to redevelop this premium site (STCA) is truly outstanding.
The existing residence exudes warmth and character, featuring two double bedrooms with built-in robes and two generous living areas. Polished timber floorboards flow through much of the home, creating an inviting ambience, while the open-plan kitchen, dining and living area forms the heart of the home. From here, sliding doors extend to a semi-enclosed, undercover entertaining zone complete with weather protection blinds and a solid-fuel heater offering a comfortable year-round space to relax or host family and friends.
A modern, centrally located bathroom and separate toilet service the home, while a single carport provides convenient parking. The vast rear yard is a true highlight offering plenty of space for boats, caravans, or future development potential (STCA). Mature trees create a peaceful, private garden setting, ideal for a summer BBQ or a game of backyard cricket.
A rare chance to secure a large parcel of land in a tightly held coastal location inspect today and explore the possibilities.
The size of St Leonards is approximately 28.5 square kilometres. It has 13 parks covering nearly 9.9% of total area. The population of St Leonards in 2016 was 2480 people. By 2021 the population was 3542 showing a population growth of 42.8% in the area during that time. The predominant age group in St Leonards is 60-69 years. Households in St Leonards are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Leonards work in a professional occupation.In 2021, 73.30% of the homes in St Leonards were owner-occupied compared with 71.60% in 2016.
St Leonards has 5,636 properties. Over the last 5 years, Houses in St Leonards have seen a 22.46% increase in median value, while Units have seen a 52.20% increase. As at 30 November 2025:
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