459 The Parade, Magill, SA 5072

Sold

Sold for $1,810,000 (Aug 05, 2025)

Unique development opportunity

Description

This outstanding allotment of land of some 1,114sqm boasts a 22.86m frontage and comes with land division consent for two Torrens title blocks and planning consent for building plans.

The allotment is situated in an outstanding position on The Parade, right on the suburb border of Magill & Kensington Gardens. You are only 7min from the City and have a plethora of shopping, cafe and general amenities close by at, Burnside Village, the Magill Village Shopping Centre and Norwood Parade shopping and restaurant precinct. You have public transport easily accessible on Magill Road for easy access to the CBD. You are zoned for Magill School and Norwood International Highschool. You are also close to the famous Penfold Winery, which has the world renown Magill Estate fine dining and also home to the exceptional Grange Hermitage.

Key Features

-A huge land allotment of 1,114sqm with a 22.86m frontage

-Land division consent for two Torrens Title Allotments

-Planning consent for building plans for two Torrens Title homes

-Top tier location only 7min from the CBD and in walking distance to The Parade, Norwood

Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent to review the certificate of title and local government details provided with the Form 1.

Director | Sales Agent | Auctioneer
Office Manager | PM Head

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Property Info:
  • Property ID: L34865801
  • Property Type: Land
  • Land Area: 1114.0 sqm
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R&H Suburb Profile: Magill

R&H Suburb Summary Houses
Number of sales 138
Average Price $1,148,739
Median Price $1,153,000
Median Rental Price $675 p.w.
Change in Rental Rate (5yr) 50 %
R&H Suburb Summary Units
Number of sales 38
Average Price $676,969
Median Price $695,050
Median Rental Price $533 p.w.
Change in Rental Rate (5yr) 66 %
Magill, SA - Median Trend
$1,153,000