In the ever popular eastern suburbs properties of this size are rare to come to market, and with a land size of 1,120sqm (approx), this is where development dreams can quickly become a reality.
Wonderfully located in the quiet and leafy pocket of Evandale between Portrush and Payneham roads, Evandale is undeniably an inner east blue-chip location with arguably one of the most sought-after locations. The perfect blend of character neighbourhood with close proximity to all your lifestyle needs.
With the CBD less than 10 minutes drive, public transport options a plenty, and a variety of shopping precincts at your finger tips - including the iconic Parade, Norwood - there is good reason for this development opportunity to pique your interest.
As they currently stand, these charming original character homes are in well-maintained original condition and currently tenanted for a yearly return of $25,000 p/a.
That said, the main attraction here is an unmissable investment opportunity as the design and rebuild offerings here are vast - from large modern contemporary family homes to subdivisions with multiple townhouse options (STCC) - there is plenty to consider here!
Features you'll love:
- Huge land size of 1,120sqm (approx)
- Highly desirable inner Eastern suburbs location
- Options to significantly renovate and extend
- Options to redevelop or subdivide (STCC)
- Surrounded by clean and quiet leafy streets
- Walking distance to parks and primary schools
- Close to boutique shopping, cafés and restaurants of The Parade Norwood
- Close to the city and eastern parklands with plenty of public transport options
For more information, please contact Jodie Watson on 0412 706 663.
RLA 115192
