848 North East Road, Modbury SA 5092

Welcome to 848 North East Road, Modbury. A multitude of options at your fingertips!

This is YOUR ONE STOP! No further looking is required! Long Term Investment with scope to develop, with division potential (STCC) later down the track once the time is right!

Here you will find a premium high precinct location worth the yield for your property portfolio. Buying for the future has never looked so good.

Set on a large 719sqm (approximate) allotment in the popular HIGH growth area of Modbury, this circa 1960’s home offers the new owner a multitude of options including: renovate and update, continue to rent out and reap the rewards or redevelop with mutiple dwellings (subject to council consent). Equally the size and dimensions of the land may well suit those buyers who have been looking for a site to build their dream home (subject to council consent). Astute buyers will surely be impressed with this large parcel of land and the potential to add value., now or in the future.

Features that make this home special:
- Large master bedroom
- Good sized bedroom 2 and 3
- Spacious lounge room
- Separate renovated kitchen and meals area, kitchen with plenty of cupboard space.
- Clean and tidy bathroom with separate bath and shower
- Separate spacious laundry
- Ducted cooling throughout
- Verandah, ideal for outdoor entertaining
- Huge fully fenced rear and front yard
- Oversize carport with drive through access to park several vehicles to secure single garage
- Currently rented to tenants until January 24’
- Scope to continue to rent

Zoned within a Policy Growth Area 11! Speak with City of Tea Tree Gully Council for your own due diligence. There may be scope to change this Residential to Commercial later down the track. Perfectly positioned within walking distance to Tea Tree Plaza, North East Modbury Medical & Dental Centre, Modbury Hospital, Civic Park, City of Tea Tree Gully Library and public transport options including the City via The O-Bahn Interchange. Excellent public and private school are only a short distance away. All this and less than 14km (approximately) from the Adelaide CBD.

Location is evident. The property is currently tenanted and inspections are set and scheduled with the agent in advance.

PLease note* we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice if they wish to proceed.

PLease enquire with Ilana De Palma on 0412 949 521
RLA 294439