51 Symonds Place, Adelaide SA 5000

Best Offers by Mon 28th June 12:00pm (USP)

An amazing property with unparalleled potential. With street frontage to Symonds Place of approx. 8.53 metres, and on the northern side and western side at the rear, public road access. This provides the ability for the new owner to fulfill the potential of this property. The character filled detached bungalow is set to the front of the property with verandahs on 2 sides almost reaching to the fenceline and a walkway and fenceline on the southern side separating the neighbouring home. The property has a courtyard area separating the home from a large 2 storey studio/warehouse/garage. Possibly predating the bungalow, it is said to have been the stables for the neighbouring property before the land was subdivided from that property. It features original timbers and construction and would suit repair and renovation to convert it into a whole range of uses limited only by your imagination, and subject to obtaining all necessary consents.

The property is in the area zoned by the council for 4 storey development. The property is not registered on either the State Heritage list or local council heritage list. The residential code has not affected this zoning, however the council has indicated that any application for development will need to take into consideration overshadowing of neighbouring properties among the myriad of development and planning requirements. Any purchaser considering development should make all necessary independent enquiries to satisfy their due diligence. The agent takes no responsibility for any decision made, based on content here.

Very rarely does such an exciting opportunity in the very heart of the Adelaide business district, approximately 150 metres from King William St and approximately 150 metres to South Terrace, on approximately 214 square metres of land come to the market that has such incredible potential. Live, play, work, entertain, throw away the keys to your car, when did such an incredible opportunity last come to the market in such a fantastic location? When will the next property with such potential come to the market again? With no heritage listing, this home can possibly be the key to your long term future, just as it has been for the current owner.

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. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the offices of Tanner real estate for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
The Vendor's Statement (Form 1) will be available for perusal by members of the public:
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction.

Specifications:

CT / 5814 / 746
Council / City of Adelaide
Zoning / CL - City Living\MHI - Medium-High Intensity\
Built / 1910
Land / 213m2 (Approx.)
Council Rates / $TBC
ES Levy / $TBC
S.A. Water / $67.85 p.q.
Sewer / $TBC p.q.