124 Kenwick Rd, Kenwick is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 732m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
UNDER OFFER
Spacious 732m2 Block | Solid 4 Bedroom House | Prime Location
If you're looking for a solid property with fantastic development potential, this 4-bedroom, 1-bathroom home in Kenwick is just what you've been waiting for!
Situated on a generous 732m2 lot with R20/R30 zoning, this property offers incredible flexibility for investors, developers, and homeowners alike.
Investment Appeal
With an estimated rental of $580 to $610 per week in today's market, this property represents a sensible investment decision. An excellent "set-and-forget" with immediate income.
Development Potential (Subject to Council Approvals)
The opportunities here are extensive, and the choice is yours:
* Keep the Current Home: Retain the existing 4-bedroom residence, subdivide the land, and build an additional home at the back. An ideal setup for dual-income potential.
* Build a Granny Flat: Capitalize on the spacious backyard by adding a granny flat. Perfect for extra rental income, multigenerational living, or guest accommodation.
* Demolish & Rebuild: Start fresh by subdividing the block. You can build two brand-new homes to sell, lease, or live in.
* Subdivide & Sell or Build: Subdivide the land into two separate lots. Sell both lots, or build a new home on one lot while selling the other as vacant land.
Property Features:
This well-maintained property boasts practical features and plenty of outdoor space, including:
* Evaporative Air Conditioning: Beat the summer heat and stay comfortable with cost-effective cooling.
* Large Backyard: Ample room for family gatherings, play areas, or future development, along with a shed for storage or hobbies.
* Extensive Parking: A Carport for 2 vehicles plus additional open parking for 2 more cars, ideal for families with multiple cars or guests.
* Wide 20.5m Frontage: Provides added flexibility for development and maximizes the value of the block.
Prime Location (Distances Are Approximate)
* East Kenwick Primary School: Just 450m away, making school runs a breeze.
* Rehoboth Christian College: Only 650m from the front door.
* Kenwick Train Station: Located just 1.6km away, providing quick and easy access to public transport for city commutes or weekend trips.
** This property is currently tenanted until April 2, 2025, bringing in a steady rental income of $530 per week.
The size of Kenwick is approximately 9.8 square kilometres. There are 14 parks, covering nearly 7.9% of the total area. The population of Kenwick in 2016 was 5688 people. By 2021 the population was 5684 showing a population decline of 0.1% in the area during that time. The predominant age group in Kenwick is 30-39 years. Households in Kenwick are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kenwick work in a trades occupation.In 2021, 68.50% of the homes in Kenwick were owner-occupied compared with 70.60% in 2016.
Kenwick has 2,749 properties. Over the last 5 years, Houses in Kenwick have seen a 143.02% increase in median value, while Units have seen a 179.26% increase. As at 30 April 2026:
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