SoldDec 15, 2025

15 Park Terrace, Blakeview, SA, 5114

$420,000

2
1
1
115 m²
87 m²

House

21 days on the market

Sold: Dec 15, 2025

What's around 15 Park Terrace

Investor Alert: Buy Low, Fix Smart-Structural Issues Already Priced In

Located in a highly convenient part of Blakeview, this modern 2018-built 2-bedroom townhouse offers exceptional value for investors, builders and renovators looking for a project with strong future returns. Just moments from shops, schools, parks and public transport, the location alone makes this an attractive opportunity for those ready to take on repairs. Property Layout & Features: • 2 spacious bedrooms, both with carpet and built-in robes • Modern bathroom plus 2 separate toilets for added convenience • Family room upstairs with access to a balcony-ideal as an extra living zone or study • Open-plan kitchen and living area downstairs with stylish tiled flooring • Gas and electric cooking appliances, dishwasher and a modern, functional layout • Automatic garage with secure internal access • Built in 2018, offering contemporary design once restored Why This Property Is a Strong Investment: • Deep discount for the area-priced well below market value to reflect needed repairs • High ARV (After-Repair Value) potential based on comparable homes nearby • Ideal for fix-and-flip, buy-and-hold rental • Solid resale demand in the neighborhood Tenancy / Investment Details: • Currently under a 12-month tenancy agreement, providing immediate rental income • Ideal for investors seeking cash flow while planning renovations • Tenant in place; property will be sold AS-IS Ideal Buyer: • Experienced investors, contractors or cash buyers who understand structural repair needs and want a project with significant upside. Important Notes: • Cash buyers or those using renovation/rehab financing strongly preferred • Seller will not perform repairs • Buyers must perform their own due diligence and are encouraged to arrange their own independent report • Quick settlement available Neighbourhood Highlights: • Close to shopping, schools and public transportation • Strong rental demand • Established community • Increasing property values in surrounding area If you're looking for a high-potential, deep-value investment property, this is an excellent opportunity. With the right vision and renovation strategy, this home can become a standout asset in a strong market. Condition Disclosure: This property has structural issues and requires significant repairs. It is being sold AS-IS, with no repairs, credits or warranties. Buyers should be prepared to address foundation/structural repairs and any additional updates the home may require. Specifications - Title: 6173/893 Council: Playford Zoning: MPN - Master Planned Neighbourhood \ EAC - Emerging Activity Centre Area: 87msq (approx.) Built: 2018 Don't miss out on this incredible opportunity to make this home yours. Contact Matt Bunder on 0433 258 200 or Tegan Jamieson on 0487 077 874 for further information. We welcome your enquiry and look forward to hearing from you. Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment! Call Matt on 0433 258 200 or click on the following link https://raywhitegawler.com.au/agents/matt-bunder/13798 Ray White Gawler, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia. Disclaimer: Care is taken to verify the correctness of all details used in this advertisement. However no warranty is given as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error.

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