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12 Reid Avenue

Tranmere SA 5073

3
1
1
712 m²
House
Currently for sale - view listing

Overview

A Prime Tranmere Canvas with Endless Possibilities.

Nestled within one of Adelaide's most coveted eastern suburbs, this exceptional property presents an increasingly rare opportunity to secure a premium foothold in tightly held Tranmere. Occupying a substantial 19.47m frontage allotment in an established streetscape, it offers the flexibility to restore the existing residence, undertake a thoughtful renovation, or create an architecturally designed dream home from the ground up with potential for subdivision (subject to council consent). With quality homes surrounding and strong buyer demand underpinning the area, this is a property where vision and location come together. Whether you're a family seeking your forever address, a builder looking for your next project or an astute investor recognising the enduring appeal of blue-chip eastern suburbs living, the potential here is undeniable. Just moments from local cafes, shopping precincts, leafy reserves and highly regarded schools, you'll enjoy a lifestyle defined by everyday convenience and long-term value. Offering easy access to Norwood, Burnside, the Adelaide Hills and the CBD, this is an address that continues to stand the test of time. Opportunities of this calibre are increasingly difficult to secure. With its impressive frontage, development flexibility and prized eastern suburbs position, build your future in one of Adelaide's most desirable neighbourhoods and create something truly exceptional. FEATURES WE LOVE • Impressive 19.47m frontage allotment with potential to renovate, rebuild or subdivide (subject to council consent) • Premium landholding in a highly desirable eastern suburbs location • Wide appeal for builders, developers, investors and owner-occupiers alike • Established residential setting surrounded by quality homes • Exceptional scope to design and build your dream home (subject to council consent) • Valuable lifestyle location with strong long-term capital growth appeal • Moments from shopping, public transport and everyday conveniences • An exciting opportunity to secure your place in tightly held Tranmere LOCATION • Approximately 7km from the Adelaide CBD • Minutes to Firle Plaza and Glynburn Road shopping precinct • Close to The Parade, Norwood's vibrant cafés, dining and retail scene • Enjoy nearby reserves, walking trails and open green spaces including The Gums Reserve and Third Creek Linear Park • Zoned for East Torrens Primary School and Morialta Secondary College • Convenient access to leading private schools including Rostrevor College, St Ignatius' College and Pembroke School • Excellent public transport links via Magill Road and Glynburn Road • Easy access to the Adelaide Hills, Burnside Village and the city • Positioned within one of Adelaide's most sought-after and consistently high-performing eastern suburbs Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price. Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts. Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness. Norwood RLA 278530 Property Details: Council | CAMPBELLTOWN Zone | GN - General Neighbourhood Land | 712sqm(Approx.) Built | 1950 Council Rates | $2,647.60 pa Water | $273.31 pq ESL | $212.00 pa

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
712 m² lot size
House

Happy sellers in Tranmere

95%
95% of sellers in Tranmere reported that their sale price either exceeded or met their price expectations.

Tranmere stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Tranmere over the last 12 months.

Local market activity for 3 bedroom houses in Tranmere

In the last 12 months, 24 three-bedroom houses similar to 12 Reid Avenue, have been sold.

This represents a 50% increase in three-bedroom houses sales when compared to the previous 12 months.

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