1 Myrtle Grove, CLOVELLY PARK SA 5042

This 955sqm (approx) corner allotment of land is situated in Policy Area 16 (City of Marion) and has the potential for high density development (student accomodation /units / townhouses) or more traditional development with new single storey dwellings (subject to all usual council consents). This is a rare offering to the market that would suit those looking to maximise on the current and ongoing demand for student accommodation in this hot spot which is situated close to Flinders Univeristy and the hospital and with the exciting future development proposals put forward by the government for the South Road corridor. The existing house is in excellent condition and would be a perfect rental whilst plans are being approved. The current owners would consider a long settlement or rent back option. For further information please contact Scott Robinson on 0412 775 449 or Lisa O'Connor on 0406 020 224.