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15 Walters Street,
Tea Tree Gully 5091, South Australia

5 bedrooms
2 bathrooms
2,590m² land size
561m² building size
House

$1,275,000


Property details

Disused Solid Brick Mansion on 2590m² of Valuable Land

Wow! This 1 will really impress the experienced developer and astute entrepreneurs. Sited on a magnificent 2590m² allotment, this disused, rambling solid brick mansion is now ready for its next evolutionary phase and offers a rare and exciting opportunity for the seasoned investor and developer.

Neatly positioned in a prime location, the offering is ready for a new residential project and presents an opportunity to redevelop and sell off individual blocks, house and land packages or complete an extensive urban revitalisation project and construct your own new estate (STCC).

There are so many different possibilities available and keen developers are encouraged to explore the potential of this project within current zoning.

For keen renovators, homebuyers and upgraders the Spanish Mission style mansion offers approximately 12 main rooms. Extensive renovations and upgrades will be required to bring this one up to contemporary standards, but for the keen visionary it could be well worthwhile.

Get creative and do your maths, this is a very rare offering on a very large block and will suit the seasoned and experienced entrepreneur.

Briefly:
* Solid brick, Spanish mission style solid brick home
* Massive 2590m² allotment
* Potential to subdivide and rejuvenate (STCC)
* Subdivide and sell off individual blocks, or create house and land packages (STCC)
* Potential to create your own new entire estate (STCC)
* Existing large Home in need of upgrading and repair
* Home of approximately 12 main rooms including 5 bedrooms and 2 bathrooms
* Established fruit trees and rambling gardens
* Large north facing terrace
* Great investment opportunity for the astute developer

Perfectly located on the suburban fringe with easy access to Anstey Hill Recreation Park and plenty of recreational and sporting reserves and venues for your family relaxation. The Tea Tree Gully Netball, Football and Athletics Clubs are close by, as is the Tea Tree Gully Golf Club and Waterworld Aquatic Centre and The Modbury Soccer and Bowling Clubs.

St Agnes Shopping Centre will cater for your daily shopping requirements and Tea Tree Plaza Shopping & Cinema Complex will provide quality speciality shopping and entertainment.

The zoned Primary School for this address is Tea Tree Gully Primary School and the zoned secondary school is Banksia Park International High School.

Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.

Ray White Norwood/Grange are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.

Property Details:
Council | Tea Tree Gully
Zone | Township
Land | 2590sqm(Approx.)
House | 561sqm(Approx.)
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa

Explore the area


School catchments

  • Tea Tree Gully Primary School Primary R-6 Government 0.31km
  • Saint David's Parish School Primary R-6 Catholic 0.46km
  • Banksia Park School R-6 Primary R-6 Government 1.3km
  • St Agnes School P - 6 Primary R-6 Government 1.4km
  • Ridgehaven Primary School Primary R-6 Government 1.5km

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.


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.


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