Home/Properties/Two Wells/3 Drew Street
3 Drew Street, Two Wells$749,000
Back to results
For Salehouse

3 Drew Street

Two Wells, SA 5501, Australia
$749,000
3 bed 1 bath 2 car306 m²

Compare with other listings

See it side-by-side · winner per row · AI verdict.

Image 1
Image 2
Image 3

Photos via the original listing. All photographs remain the property of their respective owners.

Maps & AI

Ask StMate AI

Loading map…

AI Property Assistant

Ask anything about this property

Hi! I'm your AI property assistant. Ask me anything about 3 Drew Street — pricing, schools, transport, investment potential, and more.

Approximate location shown. Contact agent for exact address.

Gallery

Property Photos

Listing description

About this property

Township Main Street Zoning | Flexible Use | Strategic Growth Corridor Location Rarely does a property offer the perfect combination of character, location, lifestyle, and genuine future commercial potential. Positioned within the highly sought-after Township Main Street (TMS) zoning in the heart of Two Wells, this charming circa 1800's cottage presents an outstanding opportunity for homeowners, investors, business operators, or developers seeking flexibility in one of South Australia's fastest-growing regional townships. Currently utilised as a comfortable residential home, the property offers immediate liveability while providing exceptional scope for future commercial conversion, mixed-use operation, business premises, or redevelopment opportunities (STCC). With extremely limited TMS-zoned properties available in Two Wells - and currently the only property of its kind on the market - this is a rare chance to secure a strategic township asset with long-term upside. Set just one site back from the main street on a busy and highly visible position, the property offers strong exposure and accessibility within Adelaide's expanding northern growth corridor. The character-filled cottage features three bedrooms and one bathroom, centred around a light-filled open-plan living, dining, and kitchen area. Timber French doors open to an undercover outdoor entertaining area, creating excellent indoor-outdoor flow ideal for both residential enjoyment and adaptable commercial use. Character features including original front sash windows blend beautifully with modern updates, while roller shutters throughout provide additional privacy, security, and year-round comfort. The updated kitchen combines functionality with timeless cottage charm. Outside, the picturesque cottage gardens are complemented by an automated watering system for easy maintenance, while the undercover entertaining area provides flexibility for client meetings, consulting space, hospitality-style use, or relaxed outdoor entertaining. A separate double garage offers secure parking, storage, or additional workspace potential. Approximately 306m² on title, with an adjoining area of approximately 83m² that has historically been occupied and utilised in conjunction with the property and could be the subject of an adverse possession claim. The flexibility of the Township Main Street zoning may suit a broad range of future uses (STCC), including: • Professional or consulting offices • Medical or allied health rooms • Boutique retail or studio space • Personal services or beauty business • Café or hospitality-style premises • Home-based business operation • Mixed residential and commercial use • Bed & Breakfast accommodation • Investment or future redevelopment opportunities Conveniently located within walking distance to schools, childcare, cafés, restaurants, sporting facilities, IGA, post office, and township services, the property offers both lifestyle convenience and outstanding commercial appeal. Offered for the first time in nearly three decades, this is an exceptionally rare opportunity to secure a versatile, character-filled property with immediate usability and significant future potential in the thriving township of Two Wells. A unique offering where charm, flexibility, exposure, and opportunity come together in one outstanding package (STCC). Zoning & Usage Notice: This property is situated within a Commercial Zone, offering significant potential for professional or business use (STCC). Buyers are encouraged to carry out their own investigations. Digital Representations: To demonstrate this potential, some images have been virtually staged to show how residential rooms can be transitioned into professional office suites. Furthermore, the front of the property has been digitally enhanced with business signage and landscaping for illustrative purposes. These images are artist's impressions; the cupboard in the lounge room has also been digitally modified to show a potential professional finish. Please refer to the original photos for the current residential condition. Prospective buyers should rely on their own enquiries and inspections regarding the property's current condition, dimensions, and suitability for intended use. Note: Any change of use or physical alterations may be subject to Council Consent. RLA332806

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
306 m²
Listed
3 months ago

Repayment calculator

$3,631/month
$1,816 /fortnight
Loan $599,200 at 6.10% over 30 years

Upfront costs

Deposit$149,800
Stamp duty$35,025
Conveyancing (est.)$2,000
Total upfront$186,825
Verify with SA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

Know what you can borrow

Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.

Inspections

Interested in inspecting this property?

Check the next open inspection time or request a private viewing on Domain.

Book inspection on Domain

Work at Urban & Rural Partners? Claim this listing to sync your ads with StMate.

Neighbourhood

Living in Two Wells

This 3-bedroom house in Two Wells, SA 5501 sits within reach of local shops and nearby schools. It is listed 35% below the $1.15m median of 20 comparable houseswithin 5 km.

Schools near Two Wells

  • Xavier College - Two Wells Campuscombined
  • Two Wells Primary Schoolprimary · R-6 · CoEd

What's nearby

  • Two Wells Prome Meats56 m away
  • Two Wells Village Green220 m away
  • Unnamed895 m away
  • Wildflower Park1.1 km away

Two Wells at a glance

Full suburb profile
Population
3,233
Median age
35
Household income
$1,906/wk
Median rent
$300/wk
Median mortgage
$1,700/mo

Source: ABS Census.

Generate Property Report

Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.

Takes 10-20 seconds Uses 1 report credit

Suburb market

Suburb price trend

Two Wells price trend

Median sold · House 3 bed

Compound growth +18.8% / yr over 4 yrs

$930kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Two Wells market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.

Within 5km

Nearby Properties

View all in Two Wells