7 Penfold Road, Magill SA 5072

On offer is a large corner residence of 612m2 - renovator's challenge or possible sub division / development site opportunity (STCC)

Ideally located in the ever popular Eastern Adelaide suburb of Magill (City of Burnside) in close proximity to 3 highly sought after local educational institutions:

* Zoned to Magill Primary School which is 200 metres away

* Zoned to Norwood Morialta High School which is 650 metres away

* University of South Australia Magill Campus which is 450 metres away

* An easy 7km drive / commute to the Adelaide CBD with a direct travel route down Magill Road.

* A quick 3km drive / commute / walk to all the dining, shopping and entertainment options that Norwood Parade has on offer.


Existing cottage-style house on property requires structural and cosmetic renovation with previous owners living in the home for almost 40 years. It offers 3 bedrooms, 2 bathrooms and 2 secure, covered parking spaces. Also features an existing large front office extension which could be ideal for operating as home business opportunity for new owners subject to council approval.

Vendor has realistic price expectations given condition of the free standing house but it's all about Location, Location, Location with this property. Able to be very flexible with settlement arrangements to suit new owner/renovator or developer.

If you can unlock this ugly duckling's potential - you will reap the rewards !

HELPFUL INFOMATION - all details provided are to be used as a guide only.
We accept no liability for any errors. All details are provided in good faith.

City of Burnside Council rates - $1,200 per annum

Water & Sewage charge - $239 per quarter plus usage charges

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.