Under Offer  •  House for Sale  •  200 days on Homely
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Bruce Woodberry
Bruce Woodberry
Harcourts Morphett Vale
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Under Contract - Unique Opportunity

27 Millswood Crescent, Millswood, SA 5034

5 bed2 bath0 car
Situated within easy access of all public transport, bus, train and tram, getting anywhere from this central, near City location, won't pose any issues at all. Whether it be a quick trip into the City, a duck around the corner to the shopping centre, a drive up the Freeway to the Hills or a cruise south, it's all so easy, right from the front doorstep.

This C1915 Villa has had a few alterations over the years and not all of them complimentary. Several of the larger rooms have been divided in half so as to create additional living spaces and bedrooms but that suited the current owner at the time as the property was used for student accommodation. In fact, the students who lived there really became friends of the owners as more of a family away from distant homes, than anything else. The "hobby" of housing students turned out to be quite profitable with an income of around $1000 a week, often generated. Perhaps you too can see the potential of this "little earner" and would like to do something similar? If you've ever dreamed of doing Student Housing, well here it is. Ready to go with nothing for you to do except start the process of moving the students in. And there's 26 solar panels to help with their power bills.

If it's a home you'd prefer to buy for a more traditional purpose, then it could really quite easily be converted back to its original floor plan. With the removal of the dividing walls, (not a difficult task according to the owners as they were installed with the view of being easily removed without damage to the original structure) and a bit of paint and patching up, I'm sure the home could be transformed into a really comfortable, character home in this highly sought after and prestigious suburb. (As at 28/5/19 the median price for Millswood was just over $1,000,000)

Come for a look. Use your imagination and think what a wise and astute investment, buying in this suburb, would be.

My instructions from the owners are very clear. They have purchased a new property and this one must be sold. Don't delay. There may not be another opportunity to buy such a home, in a location like this, for the amount we're asking.

Property location

Main details

Price:Contact AgentAddress:27 Millswood CrescentSuburb:MillswoodPost Code:5034Type:HouseBedrooms:5Bathrooms:2Floor Plans:ViewExternal Link:View

Land Details

Area:510 m²

Additional Features

Other Features:Property Type: House

Schools in and around Millswood

1.0km from propertyPrimary & SecondaryPrivateCatholic
1.3km from propertyPrimaryPublicNon-Denominational
1.8km from propertyPrimary & SecondaryPrivateAnglican
1.9km from propertyPrimary & SecondaryPrivateUniting