127-129 Archer Street & 2 Walter Place, North Adelaide SA 5006

* $1.8m-$1.95m (whole); $785K - $865K Apartment; Shop 1 $595k-$625k; Shop 2 $575k-$610k *

Now available with 3 newly created separate Community Strata Titles, to be sold as a whole or individually!

Imposing & restored 2-storey Local Heritage Bluestone comprising 2 x Shops (currently Tenanted as one entity) plus on the upper level off Walter Place, an extremely spacious and luxuriously appointed 1st floor Apartment with huge balcony and verandah deck overlooking the beautiful tree-lined boulevard of Archer Street.

With a current Commercial lease to December 2023 + 5 year renewable option currently taking flexible advantage of both Shops 1 & 2, the opportunity is available to create a second tenancy and income from Shop 1.

Located in a superb position and so close to the fabulously cosmopolitan lifestyle blend of shops, restaurants, hotels & cafes on O'Connell Street and surrounds, no expense was spared in creating the ultimate luxe low maintenance North Adelaide residence. Private and secure with a superb outlook from the verandah and deck to the greenery that adorns Archer Street, with double French doors opening beautifully from each of the North Facing Queen sized bedrooms and the bright open plan living/dining room for superb indoor/outdoor entertaining. This would have to be one of the best currently on market within the city fringe to consider.

Rewired, replastered and replumbed by fastidious owners, with high ceilings, feature plaster & cornices, ornate lacework, leadlight windows, feature fireplace and timber work, the heritage and traditional elegance of this beautiful building is complemented by the clean and effective design elements of an integrated JAG kitchen and 2 modern ensuite bathrooms - 1 that incorporates a European style laundry. Fabulous storage throughout with walk through robes and extra cupboards that do not encroach upon the floor plan of 123sqm (approx.) of living space.

The Apartment was previously tenanted for an excellent $800 per week and more recently features on Air BnB and other short-term accommodation sites yielding rentals ranging from $180-$250 per night plus. The investment or lifestyle choice and flexibility is yours.

Luxurious, low maintenance living on one level in North Adelaide is hard to come by, add to that the location and outlook that this blue-chip residence offers at an attractive price, the lifestyle this home offers the discerning buyer is second to none. With so many seeking to buy into ever popular North Adelaide, this perfectly positioned bespoke residence will be not available for long!

In addition, the attractive consideration of 2 x Commercial Shop fronts with a commanding street frontage to Archer Street just metres from O'Connell Street, the combination option of an affordable blue chip Residential/Commercial opportunity in North Adelaide is simply too good to miss!

** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others' health. If you or others that you may have been in contact with, have returned from any interstate or overseas destination within the last 14 days or you are displaying any flu like symptoms please do not attend property viewings. **

Council: Adelaide City
CT: Volume 5120 Folio 708 (Parent Title)
Community Strata Plan: C41529
Council Rates: $1,497.50 per annum (Apartment)
$1,714.67 per annum (each - Shop 1 & 2)
SA Water: $1,057.28 per quarter (one meter)
ESL: $773.15 per annum
Land Size: 81sqm (approx..)
Year Built: 1880 (approx.)
Zoning: Main Street O'Connell