5 Apalie Drive, Modbury SA 5092

Fantastic opportunity to purchase a 3 bedroom home situated on a large allotment in the heart of Modbury, suitable for a renovator, developer, or an investor.

As it stands, the property features 3 bedrooms - the master bedroom with BIR's, spacious living area, main bathroom with separate toilet and a kitchen that boasts electric stove top, oven, ample bench space and overhead cupboards.

The property is tenanted at $580 per fortnight until April 2021, that gives you a little lead in time to get plans organised and seek the adequate council approvals.

Valuable land is right at hand, sited on a sizeable corner allotment with a 38.7m* depth, 18.288 width this 703sqm* allotment can pave the way for a desirable redevelopment.

Situated within the Residential Growth Policy area 11, the opportunities are endless. With the scope of subdivision to build multiple dwellings up to 3 storeys high (STCC), opportunities like this don't come around often so don't let this one pass you by!

All major amenities within close proximity, local cafes and major shopping districts are abundant.

What you'll love:
Sizeable 703sqm* corner allotment
Located within Residential Growth Policy area 11
3 spacious bedrooms
large shed/workshop
Evaporative air conditioning throughout
Currently tenanted at $580 per fortnight until April 2021
Potential to subdivide and build multiple dwellings (STCC)
Potential to build up to 3-storeys high (STCC)
No easements on the land

* approximate

** 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). Interested parties should make their own enquiries and obtain their own legal advice.

RLA 61345 RLA 282965 RLA 231015

Disclaimer:
**HELP PREVENT the spread of COVID-19. LJ Hooker AdelaideCity/StPeters/Glynde have implemented extra precautions to our inspections and auctions. We respectfully ask if you are feeling unwell, have travelled overseas in the past 14 days or been in contact with a confirmed case of COVID-19 in the last 14 days, please contact our sales consultant to discuss alternative ways to view the property. If in the event that you feel unwell in the 14 days following an inspection, we request that you contact our office immediately.**