Back 5 Lomond Avenue
Off Market

5 Lomond Avenue

Seacombe Heights SA 5047

3
1
2
1300 m²
House
Last sold for $920,000
Greg LewisGreg Lewis, last sold this property on 02 May 2024 after 59 days on market.

Overview

Explore the opportunity

First National Lewis Prior takes pride in presenting this property to the market.   This modest 1960's home holds pride of place on the high side of the road with potential to take advantage of over 1300m2 of land. The existing dwelling offers 3 bedrooms an upgraded kitchen, renovated bathroom with a second toilet plus a light bright and airy north facing lounge. It is an ideal rental proposition for now with potential to return $540- $560 per week whilst you investigate your options and plans to utilise this valuable piece of land. The property is zoned Hills Neighbourhood in the City of Marion and provides a frontage of approximately 17 metres. Recent consultation from the local council has provided potential changes (yet to be implemented) to development via the "Southern Suburbs Residential Code Amendment". Should these changes take effect land in the area will be highly sought after. Residents love the location for its convenience. Situated so close to all the public facilities you could need. Westfield Marion is only minutes away and with good primary and secondary schooling options nearby its ideal for growing families. A short drive down Seacombe Road will give access to the glorious beaches at Seacliff or Brighton. Easy access to the Flinders Medical Centre and University with good public transport options nearby. A great investment, first home or potential for development subject to standard approvals. Price Statement $880,000.   We welcome your enquiry and encourage you to make a personal appointment to inspect this property at a time that suits you. For more information on this property or to Find Out What Your Home Is Worth . . . FREE, please contact Greg Lewis Council Rates: $1,746.75 p.a SA Water: $175.51 p.q ESL: $317.15 p.a.

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
1300 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Seacombe Heights over the last 12 months, the estimated median property value of 5 Lomond Avenue is $995k.

Median value
$995k
Estimated value range
$725k - $1.25m
Median days on market
19
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Seacombe Heights. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Lomond Avenue

2024
Sold
$920,000
02 May 2024 by Greg Lewis, of First National Real Estate Lewis Prior - WARRADALE

Happy sellers in Seacombe Heights

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We have insufficient information to provide an overview of customer satisfaction for Seacombe Heights. Viewing the agent profiles, reviews and sales for Seacombe Heights can provide insights for this location.

Local market activity for 3 bedroom houses in Seacombe Heights

In the last 12 months, 15 three-bedroom houses similar to 5 Lomond Avenue, have been sold.

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

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