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5 Laurel Crescent,
Parafield Gardens 5107, South Australia

3 bedrooms
1 bathroom
1 car space
605m² land size
House

$602,000


Property details

Prime Investment Opportunity In Parafield Gardens!

Seize the day in Parafield Gardens with a spacious 605sqm (approx.) block with a 20.3 metre frontage (approx.) overflowing with possibilities. Offering a fantastic opportunity for subdivision or redevelopment (subject to necessary approvals), this property stands as a golden ticket for developers or investors keen on capitalising on its unbridled potential.

Enclosed within a gated perimeter, the well-sized land embraces a residence currently featuring three bedrooms with polished floorboards throughout. The expansive living room, suitable for family comforts, spans the entire width of the house and includes a split system air conditioner for optimal climate control.

Further enhancing the home's amenities, a second split system unit in the kitchen and combined dining space ensures culinary endeavours and dining are pursued in comfort. The standalone oven and stove anchor the U-shaped kitchen layout, providing a focal point for meal preparation and social interaction.

The residence is serviced by one bathroom, which includes a convenient shower and bathtub combined for household ease, accompanied by a separate toilet adjacent for added practical down time undisrupted.

Complementing the interior utility, a discrete laundry area presents efficient space, offering external access that guides you to the spacious backyard. A simple grassed oasis awaits behind the home, crowned with a side veranda area. Large double gates facilitate car access to the rear, hinting at the expandability of the outdoor surroundings.

Situated in lively Parafield Gardens, close to local amenities and within easy reach of Adelaide's city center, this plot presents an enviable blend of existing residential charm with the entrepreneurial promise of new endeavours. This property invites you to shape the future in a neighbourhood that thrives on growth and transformation.

Additional Features:
Nearby schools include: Endeavour College, Holy Family Catholic School, Parafield Gardens R-7 School, Parafield Gardens High School, Paralowie School, Riverdale Primary School, Salisbury High School, The Pines School, Thomas More College

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.

PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.

Explore the area


School catchments

  • Parafield Gardens Primary School Primary R-6 Government 0.32km
  • Holy Family Catholic School Primary R-6 Catholic 0.71km
  • Garden College Combined R-12 Independent 0.78km
  • Karrendi Primary School Primary R-6 Government 0.91km
  • Salisbury Downs Primary School Primary R-6 Government 1.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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