31 Cator Street, Glenside SA 5065

Auction Location: On site

Nestled in the tree-lined tranquillity of Cator Street, the investment promise of this property is an unmissable opportunity for the discerning portfolio builder.

Resting on a generous 633sqm allotment with an impressive 17.5m frontage approx., the property offers boundless potential for the astute developer/investor.

This Torrens titled gem, comfortably tenanted until December 2024, represents a low-maintenance prospect with an underpinning growth narrative driven by the prestigious eastern suburbs locale.
Envision a demolition and rebuilding the dream, or renovation that could transform the existing 2 bedroom abode, capitalising on the existing living area, or envision a contemporary extension (subject to necessary consents) to enhance value and appeal. The substantial rear garden presents a blank canvas for imaginative landscaping or future development endeavours.
The property's investment appeal is significantly enhanced by its zoning for the highly sought-after Glenunga International High School and Linden Park Primary School. These institutions, renowned for their academic excellence, future-proof the property's desirability for families and ensure consistent rental demand.
The current architectural footprint, includes a dedicated lounge, dining room, and functional kitchen. Complemented by inviting bedrooms and a main bathroom equipped with essential amenities.
Located just moments from Burnside Village and a short drive to Adelaide CBD, Glenside offers an unmatched blend of suburban serenity and urban convenience. Offering a gateway to enduring capital growth and a testament to strategic asset selection in a suburb brimming with potential and prosperity.

Local council: Burnside
Council rates: $1,745.80pa approx.
SA Water rates: $231.54pq approx.
Year built: 1954
Land size: 633 sqm approx.
Frontage: 17.53 m approx.