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Auction
$499,000 - $549,000
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Quietly nestled on the high side of the road with a desirable northern aspect, this 1950s constructed, Austerity residence is sited on a massive 840m² allotment and offers unique opportunity for home buyers, investors and developers to secure the valuable allotment and either rent out or demolish and rebuild.
The home is in fair condition and offers 4 bedrooms, across a 6 main room design. All 4 bedrooms are of generous proportion. A generous L-shaped living/dining room provides the everyday relaxation space while an adjacent kitchen with the original cabinetry offers a generous cooking area.
Separate wet areas include laundry, toilet and bathroom, all providing functional amenities. A generous carport and garage will accommodate the family cars.
The home will make an ideal investment for those wishing to add to their property portfolio and is currently rented to reliable tenants.
The real value here though is in the land, with a generous allotment offering a unique opportunity for urban renewal. Get creative and do the maths because this block has potential to accommodate at least 2 new residences, (subject to council permissions & zoning approval).
Briefly:
* 1950s constructed, solid brick residence on large allotment
* Block size of 840m², with potential demolish and redevelop (STCC)
* Great location with northerly aspect, on the high side of the road
* Excellent opportunity for investors and developers
* Existing home of 6 main rooms
* 4 bedrooms, all of good proportion
* L shaped living/dining room
* Functional kitchen with original cabinetry
* Separate laundry, toilet and bathroom
* Single carport plus lock-up garage
* Large rear yard with 2 garden sheds
Allotment Features:
* Land Size: 840sqm
* Frontage: 18.90m
* Depth: 44.32m
Perfectly located close to Sefton Plaza, Regency Plaza and Northpark Shopping Centres and with St Gabriel's School, Enfield Primary, Northfield Primary and Prospect North Primary Schools all in the local area. Public transport is a short walk away to Main North Road and the parks and reserves of Enfield are available for all recreational pursuits.
Be sure to inspect this "value for money" offering at your earliest convenience
Ray White Norwood are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Vendors Statement: The vendor's statement may be inspected at 249 Greenhill Road, Dulwich for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 278530
Property Details:
Council | Port Adelaide Enfield
Zone | R - Residential64 - Residential East
Land | 840 sqm(Approx.)
House | 175 sqm(Approx.)
Built |1954
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pq
249 Greenhill Road, Dulwich SA 5065
Call Tristian Kennedy on
0432 898 363
Call Alex Diamond on
0407 443 857
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