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38 Phineas St

Virginia SA 5120

6
3
2
930 m²
House
Currently for sale - view listing

Overview

Three Residences. Two Street Frontages. One Incredible Opportunity.

Opportunities like this are few and far between. Recently refreshed and set on a substantial 930sqm (approx.) Torrens titled allotment with two street frontages, this remarkably versatile property offers something truly special: three separate living arrangements, six bedrooms, three bathrooms and a world of possibilities, all under one ownership. Whether you're a growing family seeking room for multiple generations, an astute investor exploring multiple income streams or a developer with an eye for future potential, this is a property that delivers flexibility in spades. The Main Residence Refreshed, Comfortable & Ready to Enjoy The original three-bedroom home has been thoughtfully updated to deliver comfortable, modern living. Freshly painted interiors, updated flooring and three split-system air conditioners complement a renovated kitchen, bathroom and toilet, while a separate lounge, dining area and updated laundry provide all the essentials for everyday family life. Outside, a covered pergola offers space to relax and entertain, with a storage shed adding practicality. The main residence enjoys its own enclosed outdoor area and gated access, creating a welcome sense of privacy. The Attached Flat A Little Independence Goes a Long Way Connected to the main home yet offering its own living facilities, the attached one-bedroom flat features a fully equipped kitchen, meals area and private bathroom. It's an ideal arrangement for extended family, adult children finding their feet, visiting guests or even a potential additional rental income stream. The flexibility is yours to explore. The Rear Granny Flat Income Potential with Added Flexibility Privately positioned at the rear, the two-bedroom granny flat takes independence a step further. Fully fenced and complete with its own automatic gate entry, it offers a kitchen, bathroom and separate living accommodation. For families, it could be the perfect solution for grandparents or grown-up children wanting to stay close while maintaining their independence. For investors, it's an opportunity to explore the property's broader income-generating potential. The Land Where the Real Opportunity Begins Beyond the three living arrangements lies something equally compelling: the land itself. With approximately 930sqm to work with, two street frontages (20.1m and 20.5m approx.), the allotment presents exciting possibilities for those thinking beyond today. Retain the existing improvements and enjoy the flexibility, explore further rental opportunities, or investigate the potential for future redevelopment (subject to the necessary planning and council consents). Property Highlights: - Recently refreshed throughout - Torrens titled allotment 930sqm (approx.) - Two street frontages 20.1m and 20.5m (approx.) - Six bedrooms and three bathrooms across three living arrangements - Three-bedroom main residence with renovated kitchen and bathroom - Attached one-bedroom flat with its own kitchen and bathroom - Separate two-bedroom rear granny flat with private fenced grounds and automatic gate access - Three split-system air conditioners to the main residence - Undercover carports on both sides of the home - Covered pergola, storage shed and gated access - Zoned for Virginia Primary School and Riverbanks College B12 (subject to confirmation) Contact Kedro Real Estate to discover the possibilities. All information contained herein has been obtained from sources that Kedro Real Estate believes to be reliable, and every effort has been made to ensure its accuracy. However, its accuracy cannot be guaranteed, and interested parties are encouraged to make their own enquiries or seek independent advice. Final vendor approval is required before any content from this document is used for marketing or publication. Kedro Real Estate accepts no responsibility for any errors, omissions, or changes that may occur.

Features

6 bedrooms
3 bathrooms
2 carspaces
930 m² lot size
House

Property history for 38 Phineas St

2022
Sold
$655,000
14 Oct 2022 by Mike Lao, of Edge Realty

Happy sellers in Virginia

85%
85% of sellers in Virginia reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 6 bedroom houses in Virginia

In the last 12 months, 2 six-bedroom houses similar to 38 Phineas St, have been sold.

This represents a 100% decrease in six-bedroom houses sales when compared to the previous 12 months.

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