1 Mellor Street, West Beach SA 5024

Set on an elevated and valuable corner allotment of approximately 808sqm only 150m (approx.) access from the white sands of West Beach and nestled close to the Torrens River Linear Park. This unique rare and versatile property offers three residences on an outstanding coastal opportunity for the astute buyer looking for a diverse property project with abundant opportunities.

Comprising of a 3 bedroom main home and two 1 bedroom units which are presently on one Torrens Title. Offering a secure rental income from all three properties of approximately $825 per week combined and further development options for the investor or home occupier to Airbnb, develop, rent or renovate including:

• Subdivide the house and put the two units onto separate Community Titles (subject to council consent).The current owner have done the preliminary groundwork for you.
• Two street frontages and potential views across the city towards the hills provides potential for redevelopment opportunities (in accordance with the zoned western edge policy area 17, Charles Sturt Council).

The flexible floor plan of the main residence on the corner of Mellor and Clegowie Streets comprises of three large bedrooms, formal lounge with heating and adjoining split-level dining room with air conditioning. A practical kitchen including dishwasher and a separate laundry leading to internal access to garage with electronic door. Outdoors features a private courtyard and an expansive front garden capturing views of the city and hills beyond.

The pair of units each face Mellor Street and comprise of a large open-plan living area adjacent the kitchens, one generous bedroom with built in robes and a sizeable bathroom with laundry facilities. Unit two is above unit one and has recently been renovated throughout including a new kitchen, flooring and split air conditioning system. Each unit has its own carport and car parking for a second car, a shed each and recently paved courtyard space.

This property is all about location and a rare investment opportunity. The bustling social hub Henley Square is just down the road together with local shopping and nearby Harbour Town. There is convenient public transport to the CBD and the glorious beach at your doorstep. This is a sea change or investment with a difference – explore the many options today.

To be Auctioned as a whole on site Saturday 16th December at 11.30am (unless sold prior).