572 Prospect Road, Kilburn SA 5084

Rare opportunity to purchase an inner-city corner development site with passing income to long term tenant.

The land area is approx. 603 sqm and is positioned on the corner of Marmion Ave and Prospect Road. Facing Marmion Ave is approximately 36-metres of frontage. Subject to consents and approvals this site may suit subdivision/development as it sits in the Urban Renewal Neighbourhood Zone.

Currently the property is a 1952 ex-housing trust maisonette. The property is disposed as three bedrooms, formal living, open plan kitchen and meals with wet areas located to the rear.

The extensive redevelopment of this section of Kilburn along with Blair Athol is seeing these inner-city locations becoming a trendy cosmopolitan place to live. Ideally located with local schools, shops, public transport options and parks all within easy walking distance. A short and easy walk will take you directly to the ever-popular Churchill Centre. All this and only 9km (approximately) to the Adelaide CBD.

Both location and potential are on offer at 572 Prospect Road Kilburn.

Specifications:
CT Reference / 5396/268
Council / City of Port Adelaide Enfield
Zone / Urban Renewal Neighbourhood
Year Built / 1952
Land Size / 603m² approx
Council Rates / $921.70 per annum
SA Water Rates / $142.10 per quarter + usage
ESL / $104.75 per annum
Rental / $220 pw to Sept. 2022
DB Philpott is proud to service the local area and if you are thinking of selling you should give the team a phone call to arrange a free no obligation market opinion.
The property is being offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide to the market. The agent is not able to guide the market 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
The Vendor’s Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public - at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.
Please note that any offers submitted prior to Auction will be under Auction conditions. It is the Purchaser’s responsibility to seek own legal advice and a Form 3 Cooling-Off Waiver.
If a land size is quoted it is an approximation only. You must make your own enquiries as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.
Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. Development is subject to all necessary consents.
You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.
COVID-19
We respectfully request the following attendees do not enter the home:
Person (s) feeling unwell; Person (s) who have travelled internationally or domestically in the last 14 days (irrespective of point of origin) Person (s) who have been in contact with a confirmed case of COVID-19 in the last 14 day

Please Note all attendees of our opens will be required to wear masks, use SA Government QR Codes & appropriately social distance - Advice regarding Coronavirus (COVID-19) will change regularly. Keep up to date Visit health.gov.au
If you have answered yes to the above or are in self-isolation, we are able to perform a personal video tour via our video conferencing facilities. Ask us how

RLA 46442