Opportunities like this almost never hit the market. Sitting proudly on a huge 818sqm allotment with 20m frontage and prized rear lane access, this premium Fitzroy holding is one of the rarest offerings you’ll find.
Currently configured as two tenanted residences, each home offers three bedrooms, two bathrooms, a formal lounge, kitchen with meals area, and adjoining casual living space. Residence 1 has the benefits of a more modern refurbishment and an exclusive side courtyard, while both residences feature their own outdoor entertaining areas and garden sheds, plus a shared backyard that can easily be separated to suit. Together they provide a dual income stream with excellent flexibility.
At the rear, the shared private road leads to a four-car garage with side-by-side parking, a rare feature that adds immense flexibility and value to the property.
With its unbeatable location and impressive scale, this remarkable property is ideal to be adapted for multi-generational living or reimagined into a landmark family estate. This is a genuine once-in-a-lifetime chance to secure an impressive landholding in one of Adelaide’s most tightly held suburbs.
Invest, redevelop, or create a showpiece family estate (STPC). However you envision it, this is a genuine once-in-a-generation chance in one of Adelaide’s most desirable postcodes.
The rear yard tree has been identified as a Peppercorn Tree, listed on the Minister’s Notice List of Exempt Species, and not classified as significant under the Plan SA Planning & Design Code for the City of Prospect. Based on this, Plan SA is likely to support its removal, though professional advice is recommended.
Nearby schools include North Adelaide Primary, Prospect Primary, Rosary, Blackfriars, Prescott College, Wilderness, St Dominic’s, St Peters College, Christian Brothers College, & PAC
SPECIFICATIONS:
CT // 5536/133
Zone // Established Neighbourhood
Built // 1900
Land // 818sqm
Frontage // 20.73m
Council // City of Prospect
Council Rates // $3,910.64 per annum
SA Water // $289.25 per quarter + usage
ESL // $289.25 per annum
Tenancy // #1-Periodical @ $500pw #3-Periodical @ $580pw
Estimated Rent // Written assessment provided upon request
DB Philpott is proud to service the local area, and if you are considering selling, we invite you to contact the team for a free, no-obligation market opinion.
The property will be offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide. The agent is unable to guide or influence the market in terms of price, but recent sales data for the area is available upon request via email or at the open inspection.
The Vendor's Statement (Form 1), the Auction Contract, and the Conditions of Sale will be available for public inspection at the agent’s office for at least 3 consecutive business days before the auction, and at the auction venue for at least 30 minutes prior to the commencement of the auction.
Please note that any offers submitted prior to the auction will be under Auction conditions. It is the Purchaser's responsibility to seek independent legal advice and a Form 3 Cooling-Off Waiver.
If land size is quoted, it is an approximation only. You must verify the accuracy of this figure. DB Philpott does not guarantee the accuracy of these measurements. For any development enquiries or site requirements, please contact the local government authority.
Purchasers are encouraged to conduct their own due diligence, as any information provided here is a guide and should not be relied upon. Development is subject to all necessary consents.
We recommend assessing the suitability of any purchase based on your own needs and circumstances by seeking independent financial and legal advice.
RLA 46442
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