Delightfully located only 4 km from the CBD, within easy walking distance to the Adelaide Parklands and the Aquatic Centre, this rare release opportunity features a delightful sandstone fronted villa and two 2 bedroom units all positioned on one generous Torrens Titled allotment of over 1178sqm.
Zoned 'Urban Corridor' the offering will provide prospective purchasers the peace of mind and security of future proof development opportunities (subject to current planning and Council consents) while offering an immediate 'mortgage relief' income from the 2 rear units.
The sandstone Villa features 8 main rooms with up to 4 generous bedrooms across a traditional design. High ceilings, decorative cornices, original skirting boards, character fireplaces, exquisite ceiling roses and original solid timber doors create an air of style and sophistication that flows throughout.
The home features 2 separate kitchens and 2 bathrooms, providing the potential to split the home into 2 separate 2 bedroom tenancies and take advantage of the increased revenue stream. An oversize single carport, handy storage shed and lawn covered side yard provide valuable outdoor spaces.
At the rear of the allotment, 2 contemporary duplex units both offer modern accommodation, ideal for the share house renter, younger family or middle-aged downscaler.
Generous lounge rooms provide ample area for your daily relaxation while combined kitchen/meals rooms provide comfortable dining and casual living facilities. Both bedrooms are of good proportion, while separate bathroom, toilet and laundry complete the interiors. Generous rear yards, wide lawn covered front yards and single carport spaces complete the units.
Take advantage of this rare earth opportunity to acquire a delightful character home and 2 duplex units. Live in one and enjoy the valuable income stream from the others or purchase as a wonderful multifaceted investment opportunity.
Briefly:
* Sandstone fronted villa + two 2 bedroom units
* Generous Torrens titled allotment of over 1178sqm
* Zoned 'Urban Corridor'
* Live in one and rent out the others
* Fantastic investment opportunity for astute entrepreneurs
Sandstone Villa features:
* 8 main rooms with up to 4 bedrooms
* 2 separate kitchen areas and 2 bathrooms
* Original character features throughout
* High ceilings, decorative cornices, original skirting boards, character fireplaces, exquisite ceiling roses and original solid timber doors
* Potential to divide into 2 separate tenancies
* Generous side yard and oversize single carport
2 Rear Units feature:
* 2 spacious bedrooms, both of good proportion
* Light filled living room
* Combined kitchen/dining areas
* Bright main bathrooms with separate bath and shower
* Separate toilet
* Walk-through laundry with exterior access
* Generous rear courtyard areas
* Wide lawn covered front yards
* Single carport spaces
*Unit 3 was tenanted for $290pw
*Unit 4 was tenanted for $295pw
Public transport is at your doorstep with the train and bus within easy walking distance. Enjoy the lifestyle convenience of living only 4 km from the CBD and within easy reach of with the vibrant Prospect Road restaurant and café precinct.
Quality shopping at the Churchill Centre includes Kmart, Coles and the new Costco, with Northpark Shopping Centre, Regency Plaza, Coles Prospect and Sefton Plaza at your doorstep.
The zoned Primary School is Prospect Primary School, while the teenagers will be happy with outstanding zoned education at Adelaide Botanic High or Adelaide High School. Local private education can be found at Our Lady of The Sacred Heart College, Prescott College or Blackfriars Priory.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Ray White Norwood/Grange are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | City of Prospect
Zone | Urban Corridor (Boulevard)
Land | 1178sqm(Approx.)
House | 258sqm(Approx.)
Units | 98sqm each (Approx.)
Built | 1915
Council Rates | $1,347.00pa/Per Property
Water | $236.05pq
ESL | $500pa
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