5 & 7 Arkaba Street, Taperoo SA 5017

***Regarding price. The property is being offered to the market by way of Auction. The vendors are not releasing a price guide to the market. The agent is not able to guide 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***

Nick Psarros & Kirsten Shulver of Ray White Port Adelaide are pleased to present to the market this outstanding development opportunity nestled in the popular seaside suburb of Taperoo. Boasting a corner positioning sited on a generous 1,116m2 (approx) allotment - endless development opportunities await you! (Subject to planning consent).

Two separate dwellings all on one title both with income streams and tenancies in place. Invest while you design your next development and reap the rewards in a suburb popular amongst families, first buyers, downsizers and investors has to offer! (Subject to planning consent).

MORE TO LOVE:

*Huge 32m (approx) frontage
*Huge allotment of 1,116m2 (approx)
*Suitable for a 4x allotment development (Subject to planning consent)
*5 Arkaba tenanted at $290 per week until Dec 23
*7 Arkaba tenanted at $260 per week until Dec 23
*Total rental yield of $28,600 per annum
*Both properties boasting three bedrooms, 1 bathroom, formal lounge area &le open car parking

Surrounded by local parks & walking trails and just minutes to the sandy Shores of Taperoo beach, minutes to The North Haven Marina with a plethora of restaurants, North Haven Shopping centre, Ocean View High School & Primary School, Our Lady of Visitation Primary School, North Haven Primary School, The South Australian Yacht Club, The Cruising Yacht club and the convenience of easy access to shopping at close Port Adelaide Plaza, the newly constructed Hendon Shopping Precinct, St Clair Shopping Hub, West Lakes Mall and nearby cosmopolitan beachside Semaphore.

A location that truly has it all - please register your interest with Nick Psarros on 0400 506 555 or Kirsten Shulver on 0431 444 464 prior to the auction to avoid missing out!

"The vendor statement may be inspected at 129 Port Road, Queenstown for 3 consecutive days preceding the auction and at the auction for 30 minutes before it starts."

Specifications:
CT / 5853/996
Council / City of Port Adelaide Enfield
Zoning / GN - General Neighbourhood
Built / 1964
Land / 1116m2
Council Rates / $952.55 & $954.40pa
SA Water / $146.65 & $146.65pq
ES Levy / $135.00 & $146.25pa

Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.