Sited on a generous 734sqm allotment with wide 21.34 meter frontage and current planning and development approval to subdivide into two allotments, this 1956 timber frame home offers a great opportunity for investors, developers and entrepreneurs to purchase and take advantage of current approvals to sub-divide, build and enjoy the success.
The existing home is currently tenanted at $280per week on a periodic lease and presents a unique opportunity to continue renting while you get creative and explore the future design potential of this rare earth. There are 6 main rooms with 3 bedrooms, living, kitchen /dining and a large rumpus room at the rear. The home is in need of general repair but will certainly enjoy its last few month's maintenance free.
Go on! Take the plunge and enjoy the reward. This is truly a unique renewal opportunity!
Features:
* Planning approval and development approval for two allotments
* 734sqm allotment (approx)
* 21.34 meter frontage (approx)
* Potential to demolish, sub-divide, build and prosper
* Existing timber frame home (6 main rooms)
* Currently tenanted on a periodic lease
* Close proximity to inner city amenities and lifestyle
Ideally situated close to all amenities including schools, parks and transport. There is a reserve just down the road with sporting and entertainment facilities including a gazebo and playground, perfect for your exercise and leisure. St Gabriel's School is a short walk away, with Enfield Folland Park Kindergarten, Enfield Primary, Our Lady of the Sacred Heart, Prospect North Primary and Northfield Primary Schools within easy reach for the young family. Main North Road is easily accessible for public transport and shopping is at your doorstep, with Northgate Village, Sefton Plaza Regency Plaza and Northpark Shopping Centres in the local area.
Act fast to secure this rare earth offering!
Council | Port Adelaide Enfield
Zone | Residential 64
Land | 730 sqm
House | 195 sqm
Built | 1956
Coucil Rates | TBC
Water | TBC
ESL | TBC