Auction Location: on site.
Turn one into two, for twice the opportunity.
Attention all developers looking for that next project, a single block big enough for two, in the right suburb! Here is your chance to secure a property close to the CBD in a location that will be sure to generate very strong buyer interest.
Here is a choice opportunity to purchase a very desirable parcel of land. In excess of 750sqm, with a 20+m frontage, this property will appeal to a range of developers. Many private buyers will also appreciate finding a substantial site which is flat, so perfectly positioned, an easy division, meeting development guidelines and ripe for redevelopment.
It presents a perfect solution for those looking to build their dream home, or provides an investment option to subdivide with a block to spare, to choose your neighbours or on-sell down the track. Also, it is a perfect scenario to set up family right next door!
Professional developers, it gives you the prime opportunity of a quiet street, in a popular growth area. In high demand, this sought after location is minutes from the CBD, a brisk walk to Magill Road eateries and lifestyle shopping, a minute by car to Norwood Parade and its buzz, a short drive to the retail Mecca of the eastern suburbs (Burnside Village) and with easy access to transport routes to the hills, northern wine regions and the outback beyond. The vendor says, "It truly is a remarkably convenient take-off point for wherever you are headed".
Sometimes, special opportunities come up when you, and the market, least expect it. Supposedly 'quiet' times can be the best opportunities. Time to seize the moment.
Auction: Friday, 21st August at 11am on site (unless sold prior)
($630,000)
OFFER FORM LINK
https://forms.gle/M8DBDF7abuW6MXgm9
CT: 5075/514
Council: Norwood, Payneham & St Peters
Council Rates: $1,306.57pa (approx)
Frontage: 20.73m (approx)
Length: 36.58m (approx)
Total Land Area: 758sqm (approx)
Zoned: Res3
Contact Gabrielle Overton to discuss as no property inspections will be held at the request of the vendor. The Art Deco style home is sadly in a state of disrepair and the sale will be an "as is" proposition, with existing fixtures to pass with the sale.
RLA 275279
