Residential
Explore
Sold
22 Broughton Road,
Elizabeth Vale 5112, South Australia
$900,000
Property details
-
Agents
Development Opportunity - 917sqm Corner Allotment
Ray White Salisbury is proud to present 22 Broughton Road Elizabeth Vale.
Zoned for / as 'Strategic Innovation', this opportunity offers a beautiful home on an individual torrens titled corner allotment to form approximately 917m2 of prime land with two wide street frontages.
As part of Council re-zoning - to further establish the health precinct for the northern sector of Adelaide - this parcel of land is supremely located near brand new developments, with exposure to the Lyell McEwin Hospital.
The residence has been immaculately maintained and tastefully updated over time. If you wish to retain the home and use it as a rental, it has been rental appraised at $450 - $480 per week, which will help ease holding costs while you develop your next plan for the property. With recent sales in the area setting new benchmarks and standards for strategic innovation, the sellers have set realistic expectations for the properties.
Information about the development guidelines can be obtained from the City of Playford Planning department plan@playford.sa.gov.au
Some information about recent announcements can be found here:
https://www.architectureanddesign.com.au/news/northwest-playford-healthcare-precinct-upgrade
With more infrastructure being built and the daily amount of traffic increasing to the area, this parcel of land offers great exposure to large crowds over time and many businesses soon to come. If you are looking for a great development opportunity look no further!
Disclaimer: Photographs or images are for illustration purposes only. Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representation is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for errors or omissions. Prospective purchasers are advised to carry out their own investigation.
Zoned for / as 'Strategic Innovation', this opportunity offers a beautiful home on an individual torrens titled corner allotment to form approximately 917m2 of prime land with two wide street frontages.
As part of Council re-zoning - to further establish the health precinct for the northern sector of Adelaide - this parcel of land is supremely located near brand new developments, with exposure to the Lyell McEwin Hospital.
The residence has been immaculately maintained and tastefully updated over time. If you wish to retain the home and use it as a rental, it has been rental appraised at $450 - $480 per week, which will help ease holding costs while you develop your next plan for the property. With recent sales in the area setting new benchmarks and standards for strategic innovation, the sellers have set realistic expectations for the properties.
Information about the development guidelines can be obtained from the City of Playford Planning department plan@playford.sa.gov.au
Some information about recent announcements can be found here:
https://www.architectureanddesign.com.au/news/northwest-playford-healthcare-precinct-upgrade
With more infrastructure being built and the daily amount of traffic increasing to the area, this parcel of land offers great exposure to large crowds over time and many businesses soon to come. If you are looking for a great development opportunity look no further!
Disclaimer: Photographs or images are for illustration purposes only. Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representation is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for errors or omissions. Prospective purchasers are advised to carry out their own investigation.
Explore the area
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.