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Auction
Auction On Site 25th November At 4:30pm
Ready & Ripe for Gentrification
Sited on a massive 1087sqm allotment with its wide 35.05 meter frontage is this extended and renovated solid brick residence which has been a fantastic family home for decades. Now is the time for gentrification, with the huge allotment becoming far too valuable to house only one residence, the time has come for the developers and investors to move in to redesign the allotment to suit the modern era.
A unique opportunity exists to subdivide a portion of the land without any impact on the current home (STCC), making this an attractive investment option for those who wish to live in or rent out the home while beginning the sub division process.
The current home is in good condition with 8 main rooms and a huge garage/ workshop providing ample space for the largest of families. An extra-large living room provides a central social hub, leading to a massive kitchen and dining area where a combustion heater creates a warm ambience to a solid timber kitchen. The ground floor is completed by 3 bedrooms, (2 with built-in robes), a functional bathroom, walk through laundry and 2 toilets.
A lower ground floor solid brick garage with automatic roller doors will provide vehicle accommodation for 3 cars with a handy workshop area plus a storeroom / future bathroom. Upstairs offers a study plus another bedroom, with split system air conditioner.
Lets not be mistaken though, despite the home being a grand family residence in good condition, the real value of this offering is the land, and the ability to generate 1 new allotment without any demolition (STCC), with the potential to create at least 3 new future allotments (STCC).
Do the research, get involved and get creative with this excellent opportunity to invest, develop and succeed. Investors, developers, and larger families will all find an opportunity here.
Briefly:
* 1087sqm allotment
* 35.05 meter frontage
* Solid Brick Home
* Sub-division potential (STCC)
* 8 Main rooms throughout
* Three car garage parking plus additional in driveway
* Workshop
* Four generous bedrooms
* Formal main living room
* Open plan kitchen and meals with combustion heater
* Family bathroom plus two toilets
* Split system air-conditioning
Sefton Plaza, Regency Plaza and Northfield Shopping Centres are all in the local area, along with specialty shopping and public transport on Main North Road. St. Gabriels School, Enfield Primary, Our Lady of the Sacred Heart and Northfield Primary Schools offer a range of educational facilities for the younger family, with the sporting amenities and local reserves of the Enfield area are all within easy reach.
An appealing multifaceted property that will catch the eye of a broad range of buyers, dont hesitate with this one as it surely wont be on the market long.
Property Details:
Council | Port Adelaide Enfield
Zone | Residential 64
Land | 1087sqm
House | 303sqm
Built | 1950
Council Rates | $1252.45pa
Water | $192.68pq
ESL | $280.25pa
249 Greenhill Road, Dulwich SA 5065
Call Jason Spagnuolo on
0422 090 001
Call Nick Borrelli on
0432270893
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