69-71 LeHunte Avenue, Prospect SA 5082

To finalise a deceased estate

An outstanding development opportunity in this thriving city-fringe location, superbly located less than 7km from the CBD and within easy reach of some of Adelaide's coolest dining experiences and coffee haunts at North Adelaide and nearby Prospect Road.

Opportunity knocks in a tree-lined street, prized for its wealth of renovated character, proximity to buses, trains and road infrastructure, and digital-ready like no other suburb, with the NBN fully rolled out. Held in the same family since 1939 and now offered as a whole, we need hardly point out just what a fabulous prize this is!

On offer:
Superb residential site of approximately 1251m² over 2 Certificates of Title
Significant 37.25m frontage to Le Hunte Avenue
Bonus North-facing frontal aspect
Zoned Residential Policy Area 350

Existing:
A vacant allotment of approximately 612m² (18.28m x 33.53m)
A well-maintained 3-bedroom symmetrical villa C1910 on approximately 639m² (18.97m front/19.14m rear x 33.53m)
Your options:
Demolish and build 4 attached dwellings STCC
Renovate and reinstate the tennis court on the second Title
Rent out and develop the second Title STCC
Retain the existing home and on-sell the second Title

Note: The home is still very liveable and could be leased to offset some of the holding costs. With many of the original features preserved and the reassurance of annual termite inspections, there's no shortage of charm or space in an extended floor plan offering 3 queen-sized bedrooms, large lounge, kitchen/dine with electric appliances, rumpus, functional full bathroom, separate toilet, laundry, ducted reverse-cycle aircon and a security alarm, together with a variety of useful sheds.

When an opportunity like this knocks, go for it, because it's unlikely the sun will ever rise on another!