PRIME REDEVELOPMENT OPPORTUNITY, SUBSTANTIAL LAND HOLDING OF APPROX 984SQM (ZONED URBAN CORRIDOR - BOULEVARD)

** NEW AUCTION DATE - WEDNESDAY 28TH JULY AT 11:00AM ON SITE **

Perfectly positioned between the City and the Bay, this dual home property will suit a multitude of potential buyers. Presently boasting two 3 bedroom solid brick renovated maisonettes with 2 incomes and complete independent living, it would suit those looking for dual family accommodation requirements or investors looking for income return with an eye on future redevelopment.

Of particular importance to its future development opportunities is its Urban Corridor Boulevard Zoning which would allow for up to 8 storey constructs subject to usual council requirements.

The many options available to a variety of buyers, whilst enjoying the comfort of two well maintained and updated residences and returning valuable income streams will no doubt appeal to many.

The current return is $710 per week in rent, although this would go up as one tenant is moving out shortly. Both homes offer separate electrical and gas meters, with the SA water meter presently split into two separate readings.

Accommodation in each is very spacious, with modern/updated kitchens, 3 bedrooms, quality fittings & fixtures, 2 modern bathrooms, outdoor undercover alfresco verandas and substantial private lawned rear yards with valuable lock up solid brick garaging too.

For more information, please contact John Berno on 0417 800 061.

RLA 115192

Explore the area

School catchments

Plympton Primary School Primary R-6 Government 0.20km
Sports College South Australia - Glandore Recreation Centre Secondary Independent 0.74km
St John the Baptist Catholic School Primary R-6 Catholic 0.83km
Plympton International College Combined R-12 Government 0.94km
Emmaus Christian College Combined R-12 Independent 0.97km
Black Forest Primary School Primary R-6 Government 1.4km
St Anthony's School Primary R-6 Catholic 1.5km
Forbes Primary School Primary R-6 Government 1.8km
Sports College South Australia - Edwardstown Oval Secondary Independent 2.2km
Immanuel College Secondary 7-12 Independent 2.2km
Immanuel Primary School Primary R-6 Independent 2.3km
Richmond Primary School Primary R-6 Government 2.5km
Edwardstown Primary School Primary R-6 Government 2.6km
Tenison Woods Catholic Primary School Primary R-6 Catholic 2.6km
Cabra Dominican College Combined 7-12 Catholic 2.7km
Sports College South Australia - West Adelaide Football Club Secondary Independent 3.0km
Goodwood Primary School Primary R-6 Government 3.1km
Cowandilla Primary School Primary R-6 Government 3.2km
Ascot Park Primary School Primary R-6 Government 3.2km
Dara School Combined R-10 Independent 3.2km
Emmaus Christian College - Brooklyn Park Campus Combined Independent 3.7km
Sacred Heart College - Champagnat Campus Combined Catholic 3.7km
Hamilton Secondary College Secondary 7-12 Government 4.0km
Sports College South Australia - Mitchell Park Campus Secondary Independent 4.4km
Westminster School Combined R-12 Independent 4.4km
Sports College South Australia - Adelaide Comets Secondary Independent 4.5km
Springbank Secondary College Secondary 7-12 Government 4.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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