5 Jacob Street
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About this property
MORE PROPERTIES WANTED! Call Ashley Williams 0450327772 IF YOU ARE THINKING OF SELLING or For a Free market update. Positioned on a generous allotment in high demand suburb, this property offers immediate rental return with outstanding future development potential (subject to council consent). Rare opportunity set in a tightly held and rapidly evolving location, 5 Jacob Street, Marion presents a chance to secure a substantial allotment with the potential to develop 2 or 3 new homes (STCC) and lifestyle amenities nearby. Set on a generous 800sqm (approx.) this is perfectly positioned for families, investors, or developers seeking premium location, lifestyle convenience, and future growth. With the potential to renovate or build (subject to council consent), this property offers immediate rental income while unlocking incredible long-term value. The existing three-bedroom, one-bathroom home features a large lounge, kitchen and dining area, garage, and tandem carport, providing practical living and holding potential while you plan your next move. What you will love: -800sqm (approx.) allotment with strong redevelopment scope -Potential for 2-3 new dwellings (STCC) -Currently tenanted - earn rental income immediately -Solid home ideal for holding, renovating, & subdivision! You decide. Some fruit trees. -High-demand suburb with ongoing infill development Lifestyle & Location Highlights: -Close to Westminster School and other quality schools -Minutes to Flinders University & Flinders Medical Centre -Quick access to the Adelaide CBD via major roads and public transport -Short drive to Westfield Marion Shopping Centre for shopping, dining, and entertainment -Near beaches of Brighton and popular Glenelg, parks, and family-friendly recreational facilities - Flinders University and Flinders Hospital Perfect balance of convenience, lifestyle, and growth potential Properties like this rarely come to market in Marion. Don't miss your chance to secure a tenanted home with immediate income and future development upside. To inspect or submit an offer before it's gone, call Ashley Williams today 0450327772 Disclaimer: All images are for illustration purposes only. All descriptions have been prepared in good faith. No warranty or representation is given as to the correctness of the information provided with neither the vendor or agent accepting responsibility or liability for any errors or omissions. Purchasers should seek independent advice or as otherwise necessary prior to purchase. RLA 280800
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 5
- Land Area
- 800 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Marion
This 3-bedroom house in Marion, SA 5043 sits within reach of public transport, local shops and nearby schools. It is listed 67% above the $827,000 median of 61 comparable houseswithin 5 km.
Schools near Marion
- Sunrise Christian School Marioncombined · R-9 · CoEd
- Westminster Schoolcombined · R-12 · CoEd
- Marion Primary Schoolprimary · R-6 · CoEd
What's nearby
- Stop 24 Marion Road - East side (bus) — 284 m away
- Foodland — 128 m away
- Peterson Avenue Reserve — 252 m away
- Unnamed — 300 m away
- Alison Avenue Reserve — 339 m away
Marion at a glance
Full suburb profile- Population
- 4,101
- Median age
- 43
- Household income
- $1,366/wk
- Median rent
- $355/wk
- Median mortgage
- $1,712/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Marion price trend
Median sold · House 3 bed
Compound growth +9.9% / yr over 4 yrs
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