3 Street Frontages with 1,003 sqm in Poets' Corner.
Auction Sale: Saturday 24th April @ 10:30am On site
Price Guide: $870,000
On offer is this highly prized 'Poets' Corner' land opportunity with 3 street frontages on an elevated North South allotment of 1,003sqm with a wide 21.95m frontage to Yongala Street. The current 1963 one owner solid brick home raised a beautiful family and she's honestly presented showing all of her 58 years with some cracking and movement evident … but I challenge you to show me a 58 year old not showing signs of wear and tear!
We've all heard the catch cry Location, Location, Location and that certainly applies here, however, another catch cry to apply is Options, Options, Options and here are a few of them for you to consider.
For the Renovator …
Renovate and extend the existing home enhancing and adding to the current 3 bedrooms (2 with robes), lounge with gas heater and r/cycle air con, modernised kitchen with double dish drawer, updated fully tiled bathroom, updated laundry and wc with a rear verandah, double tandem garage accessed from Yongala Street , a freestanding double brick garage accessed from Peckham Street and brick garden storeroom.
For the New Home Builders …
With no easements, legislated or significant trees to consider, it's an ideal site for your new near city sanctuary with 1,003sqm to spread out your new home and pool. We continue to see sale prices in the high $1 millions to low $2 millions for large builds in this very popular suburb particularly those homes located in the 'Poets' Corner' precinct so there's little risk you'll over capitalise in this premium position.
Subdivision commentary ...
Currently, Campbelltown Council require a minimum 620sqm allotment with a 13 metre frontage to rubber stamp a subdivision, so as we speak, this site is 'non-conforming' and therefore you buy the property with that understanding and risk that Council would not approve a subdivision. However, in the block of homes that is bound by Glynburn Road, Yongala Street, Milton Avenue and Moore Street, there are only approx. 5 properties out of approx. 17 properties that have not been subdivided. Google map the location to see what we mean and of course speak to Council about the possibility of subdivision into two allotments.
Location, Location, Location …
Superbly positioned just a stone's throw to Third Creek, while 'The Gums' reserve with its towering trees, playground, public bbqs and seating spots will become a favourite spot to play, explore, socialise and to let Fido run wild. 'The Gums' is only a 5 minute stroll and this nature reserve is recognised as a highlight of the East. Abundant wildlife will become apart of everyday with a kaleidoscope of colour from bird life, resident koalas, even a kangaroo or two and the cutest echidnas foraging along the creek side for insects.
A short walk West will see you shop till you drop at Firle Plaza with Coles and Kmart as anchor tenants alongside a variety of smaller retail outlets.
Public bus transport can be caught along Glynburn Road and the City centre is an easy 10-15 minute drive.
You'll enjoy the boutique shopping and multicultural dining along Norwood Parade while Magill Road offers home wares, antique shopping and dining options.
Uni SA Magill campus and a myriad of highly regarded private schools are close by with government zoned schools including Magill Primary School and Norwood Morialta Middle and Senior Schools.
Helpful info ... all approximate
Council - Campbelltown
Zoning - Established Neighbourhood
Year Built - 1963
Land - 1,003 sqm (21.95m frontage)
Council Rates - $2,295.00 pa
SA Water/Sewer - $219.00 + usage pq
ESLevy - $126.00 pa
Alexander Zadow, 'Your A to Z of real estate' - 0413 700 631
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition, subdivision or development potential). Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at Harcourts Sheppard office for 3 consecutive business days immediately preceding the auction and at the auction location for 30 minutes before it starts.
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