Investors, developers (Subject To Council Consents), and owner-occupiers-this is a unique opportunity in the sought-after suburb of Northfield! Two self-contained residences on one title offer endless possibilities, whether you're looking for a high-yield investment, a multi-generational living solution, or a property with strong future potential.
The main residence boasts two spacious bedrooms, a well-equipped kitchen, a light-filled living area, a bathroom, and a separate laundry. The second residence offers another two bedrooms, a bathroom, a kitchen, and a comfortable living space, creating the perfect setup for extended family, tenants, or guests.
** Previously Approved for subdivision in 2021, although it has lapsed it was previously approved. Application number 040/1100/21 **
Set on a generous 698m² (approx.) allotment with a wide 16.46m (approx.) frontage, this property offers an excellent rental return, with long-term tenants in place at $650 per week until June 2025. Positioned in a thriving location with easy access to schools, shopping, transport, and recreation, this is an opportunity that rarely comes to market.
Key Features:
• Two self-contained homes on one title
• Each residence includes: 2 bedrooms, 1 bathroom, a kitchen, and a living area
• Large 698m² block (approx.) with 16.46m frontage (approx.)
• Strong rental return - tenanted at $650 per week until June 2025
• Highly sought-after location close to shops, schools, parks, and public transport
Location & Lifestyle:
Northfield is a vibrant and convenient suburb, just 21 minutes from the Adelaide CBD. Surrounded by parks, quality schools, and public transport links, it offers an enviable balance of suburban charm and city accessibility. The nearby Northgate Shopping Centre provides excellent retail options, while local reserves and playgrounds make it ideal for families and active lifestyles.
Property Details:
• Style: House (Two Residences)
• House Size: 287m² (approx.)
• Built: 1960
• Block Size: 698m² (approx.)
• Frontage: 16.46m (approx.)
• Council Area: Port Adelaide Enfield
• Council Rates: $1203.40 pa (approx.)
• Water Rates: $176.97 pq (approx.)
• Strata Rates: N/A
• Tenancy: Tenanted at $650 per week
• Tenancy Expiry: 9th June 2025
Price Guide:
The property is being offered by way of public auction. No price guide will be given under the vendor's instruction; however, recent sales data will be provided upon request via email and at the open inspections.
Vendor's Statement:
The vendor's statement may be inspected at our office for three consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
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 St Peters RLA328740
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