2 Banks Street, Salisbury SA 5108

Price Indication $300,000

If you are a home renovator, then this property is likely to be your biggest challenge yet. It is a 2 bedroom Fibro in very poor condition and will need a complete makeover - probably not worthwhile in my opinion. If you are a builder / developer then it's a different story - a tremendous opportunity to demolish and subdivide / redevelop this valuable and good sized level allotment into 2 titles and residences - subject to consents. Some of the benefits and features of this allotment are:

• Rectangular (good sized - 678 m2) level allotment.
• Dimensions are 36.5 Metres Deep with an 18.6 Metre Frontage
• No registered Easements or Encumbrances
• May Respond to Renovation but More Likely Redevelopment
• Close to Salisbury Centre and All Facilities
• Close to Regular Bus Lines and the Train into the City
• Close to Shops and Schools

With premium and well located land currently in short supply and an unprecedented demand for the same by new home builders/buyers, developers and speculative builders, this offering is a terrific and timely opportunity to acquire a good level allotment for 2 new dwellings subject to consents.