15 Sylvan Crescent, Surrey Downs SA 5126

This property presents a fantastic opportunity for investors and developers, with a prime North-Eastern location at the base of the foothills. Built in 1962, the home is positioned on a generous 724 sqm allotment with an 18.29-meter frontage, offering ample space for development (STPC). Zoned General Neighbourhood (GN), the property offers great flexibility for a range of future possibilities.

The BRIEF:

- 724sqm allotment
- Frontage of 18.29m & 39.62m deep
- Zoned General Neighbourhood
- Three bedrooms – master with built-in robe
- Large formal lounge with adjoining kitchen and meals
- Sizable outdoor entertaining area
- Secure garage plus additional shed

Currently, the home comprises three bedrooms, with a centrally located lounge room at the front of the property, flowing seamlessly through to the kitchen and meals area. The spacious design is complemented by a large outdoor entertaining area that overlooks the sizable backyard, offering a fantastic space for family gatherings or potential future development. Additional features include a single garage plus an extra shed for storage.

This property is perfectly positioned with convenient access to local amenities, including Surrey Downs Primary School, the popular Illyarrie playground, and the adjoining reserve. The Fairview Green Shopping Centre is also just a short drive away, providing easy access to retail and dining options.

Whether you're seeking a development project, a long-term investment, or simply a prime location to renovate and hold, this property is a rare find in a growing and highly desirable area

SPECIFICATIONS:

CT // 5573/46
Zoning // General Neighbourhood
Land // 724sqm
Frontage // 18.29m
Built // 1962
Council // City of Tea Tree Gully
Council Rates // $1,480.50 per annum
SA Water // $165.55 per quarter + usage
ESL // $116.60 per annum
Estimated Rent // Written assessment provided upon request
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.

The property is being offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide to the market. The agent is not able to guide the market or influence the market in terms of price instead providing recent sales data for the area which 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 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.

Please note that any offers submitted prior to Auction will be under Auction conditions. It is the Purchaser's responsibility to seek own legal advice and a Form 3 Cooling-Off Waiver.

If a land size is quoted it is an approximation only. You must make your own enquiries as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquiries 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 consents.

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