38 Red Cedar Drive, Reynella SA 5161

PRICE GUIDE $430,000

UNIQUE DEVELOPMENT OPPORTUNITY

This fabulous regular shaped Torrens Title allotment of about 715sqm offers huge potential for investors, renovators and developers.

With a frontage of about 21.3 metres there is potential for subdivision or a major renovation to transform it into your dream home, subject to Council Consents.

Currently set up as a 2 bedroom home with 2 living areas and large garage and carport it could be converted back into a 3 bedroom home, or more.

Ideally located across the road from a large oval and within 400 metres of the Southern Expressway entrance, buses on Sherriffs Road and 850 metres to Southgate Shopping Plaza.

The astute investor will be able to make use of these good bones to do some upgrades, for a reasonable cost, and then rent until their plans come together.

Zoning as 'Housing Diversity Neighbourhood' gives the potential to subdivide into multiple properties but you will need to check with the City of Onkaparinga to see exactly what is possible.

No Easements.

See the inspection times above or contact the agent to arrange another time.

Disclaimer:
RLA Number 191034