Auction
Sold
IMPORTANT NOTICE: The property is currently zoned and used as commercial. However, it can be utilised for future residential development opportunity (S.T.C.C.).
On offer for the first time in 26 years, the corner block is ideally located on a prime and high exposure position on the corner of Cross Road and Marion Road the property offers an outstanding opportunity to purchase a strategic land holding on a busy intersection. The property boats some 1,353 sqm of land area with vehicle access off both roads.
The property is currently tenanted to a Natural Therapy Centre and will have holding income and is permitted for mixed use of residential and commercial.
The property features the following key characteristics:
- 1,353 sqm Land Area*
- 224 sqm Gross Building Area*
- High exposure
- Zoned Housing Diversity Neighbourhood
- Suitable for a range of uses or development potential (STCC)
- On-site parking for up to 12 car parks with room to expand
- Holding income of $50,000
- Approved for duel commercial and residential use, can be used as purely commercial or residential (STCC)
- Scope for mixed use redevelopment up to 3 storeys*
FOR SALE BY PUBLIC AUCTION FRIDAY 11TH NOVEMBER 2022 AT 12:00 P.M. ONSITE.
Contact Justin Li 0422 221 162 or Mark Tettis 0433 139 892 for more information.
*Approximate
** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 61345 RLA 282965 RLA 231015
Disclaimer:
**HELP PREVENT the spread of COVID-19. LJ Hooker Adelaide Metro have implemented extra precautions to our inspections and auctions. We respectfully ask if you are feeling unwell, have travelled overseas in the past 14 days or been in contact with a confirmed case of COVID-19 in the last 14 days, please contact our sales consultant to discuss alternative ways to view the property. If in the event that you feel unwell in the 14 days following an inspection, we request that you contact our office immediately.**
2A Portrush Road, Payneham SA 5070
(08) 8362 8008
JUSTIN LI
0422 221 162
