11 Sunnybrae Rd, Kilburn SA 5084

Auction Saturday 12 March 2015 at 12 NOON - ON SITE

Valuable corner allotment of some 830 sqm or thereabouts primed for redevelopment and located within the most flexible Comprehensive Development Zone (R PA55) of City of Port Adelaide Enfield.

Comprehensive Development Policy Area 55 - Subject to the subsequent Principle of Development Control, a dwelling should have a minimum site area (and in the case of residential flat buildings, an average site area per dwelling) and a frontage to a public road not less than: Detached 300 minimum, Semi-detached 270 minimum, Group dwelling 250 minimum, Residential flat building 250 average, and Row dwelling 250 minimum – please consult development plan.

Currently situated on the allotment is a conventional timber frame home built in approx. 1956 – the home offers three bedrooms, large living area with split system a/c plus a decent sized kitchen and meals area. There is also an external games/rumpus/B4. The property has been previously rented in the $280 to $300 pw mark.

An excellent opportunity to buy today and rent out with the view to develop in the future or perhaps realise your profit and develop immediately - either way you will be buying a most substantial allotment within 10 KM to the city centre and in an area of significant gentrification. Look at what they have developed along the Churchill Road Corridor; Aldi, Coles, COSTCO, K-Mart, Bunnings plus a range of specialty stores. So many opportunities (STCC) – renovate or redevelop either way you are only moments from cosmopolitan cafes and shops, and within easy reach of North Adelaide, the iconic Adelaide Oval & City, and within minutes of some of Adelaide’s best schools & colleges, don’t miss this exciting opportunity!

ZONE: R PA55 – City of Port Adelaide Enfield

Don’t miss out this could be the one.

For all enquiries please call Beverley Philpott 0414 880 001 or David Philpott on 0414 422 889

If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority. Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. Development is subject to all necessary council consents.

DB Philpott is proud to service the local area and if you are thinking of selling you should give the team a phone call to arrange a free no obligation market opinion.

You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice - RLA 46442

The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public - at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences. RLA 46442

The following statistics apply to Houses in KILBURN
Change in Median Price (5yrs) is 16.2%
Annual Change in Median Price (10yrs) is 6.9%
Median Asking Rent for KILBURN is $345 per week
Average Days on Market is 49 days