Lot 50 Arthur Street, Auburn SA 5451

Where else in South Australia could you buy such a beautiful acre of land with a rural outlook and development potential, yet right in town for less than $150,000??

Three titles were combined to create a large 4,000 square metre (one acre) block in the heart of the historic town of Auburn. It has several possibilities - build a magnificent home with a wonderful garden and parkland space down to the river or develop the site for a tourism income, plus a home of your own.
Planning consent was granted by Council (lapsed) for two one bedroom holiday homes on the terraced site with provision still for another and a family home. A perfect business opportunity or fund your retirement on your own land.
All plans, soil and engineering reports for septic, and architectural drawings for the two holiday units, including plans for an off-grid electricity supply, will come with the purchase, saving more than than $15,000.
The block has SA Water connected, but also a 20m deep bore providing an endless supply for the gardens.
An established avenue of trees provides a lovely covered driveway into the property, while many other trees have been planted across the block.
It has a beautiful rural view to the north looking out beyond the Riesling Trail coming into Auburn, while it is only a 200 metre walk to the main street cafes, pub and services.
The land is situated along the banks of the Wakefield River and while the lower part is subject to 1-in-100 year flooding, more than half the site is above the flood line.
Plans include terracing the land to create a slightly higher level for the holiday units and then 75% of the land is above the flood level, making it even more attractive.
Inspect at any time, or by appointment if you would like further details.
Price dropped and serious offers now invited.

The Phone Code for this property is: 50886. Please quote this number when phoning or texting.

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.