An exceptionally rare opportunity on one of the Premiere streets in Henley Beach, this 908m2 block faces onto Main Street and directly up towards the Jetty. It is not often an allotment of this size and proximity to the beach is available. Surrounded by an assortment of Beautiful Character Homes & Recently Built Masterpieces, be the envy of all your friends and family.
AUCTION THIS SATURDAY 31ST AUGUST AT 3PM. REGISTRATIONS ONSITE FROM 2.30PM --
Zoned Residential Character R-79 (Can Renovate, Rebuild, Subdivide)
Currently there are 2 properties on 2 community titles (80 & 80A) that can be converted back to 1 title if desired (STCC). There is endless potential with this prime land such as demolishing and building your dream home, redeveloping 2 brand new hammerhead dwellings with a common drive way, or keeping the 2 existing dwellings with a combined projected rental return of $950pw. If you are looking to secure the site for a long term investment this is a incredibly healthy rental return of approximately $49,000 per annum.
The 2 seperate properties include the following -
80 East Terrace - Character Home of Yesteryear - 292m2 (approx)
A solid brick home with high ornate ceilings and parquetry flooring
- 3 bedrooms (bedroom 1 with BIR)
- Lounge room with gas heater
- Dining room with S/S RC air-conditioner
- Sunroom overlooking East Tce can be used as Childs playroom or small rumpus room
- Kitchen with S/S appliances such as gas cooktop/ oven and dishwasher. Plenty of cupboard storage with timber cabinetry
- Central bathroom with bath and shower
- Seperate toilet
- Outdoor entertaining area under a pergola with a ceiling fan perfect for summer entertaining
- Laundry
- Another car spacing at the front of the property
- Rental projection = $450-$470 (approx)
-- Between the two properties is common parking suitable for multiple cars --
80A East Terrace -
Built in 1998 this custom built Troppo Architect designed home combines comfort and style - 344m2 (approx)
- 3 Spacious bedrooms (Bedroom 1 with WIR & S/S RC air - conditioner, Bedroom 2 & 3 with BIR & S/S RC air - conditioner )
- Study or another family room with S/S RC air conditioner. Architecturally designed raised ceilings with an abundance of natural lighting, 2 ceiling fans & S/S R/C air conditioner
- Kitchen with S/S appliances such as dishwasher and gas cooktop, plenty of cupboard storage
- Bathroom with shower and bath
- Adjoining raised deck outside perfect for entertaining
- Seperate toilet
- Polished timber floors
- Laundry
- 2 Garden sheds at rear
- Plenty of fruit trees and landscaped gardens
- Rental projection = $490-$520 (approx)
What a fantastic opportunity awaits the prospective purchaser in a high growth suburb only meters from The Henley Square and the pearly white sands of Henley Beach.
Local attractions within close proximity include quality private and public schools (Henley High School Zone), the Henley Beach and Grange beaches, Henley Square', Classy Caf's and Restaurants, public transport and much more!
Take advantage! You're sure to be impressed!'
PLEASE NOTE THAT THE FORM 1 - VENDOR'S STATEMENT (SECTION 7) LAND AND BUSINESS (SALE AND CONVEYANCING) ACT 1994 WILL BE MADE AVAILABLE TO THE PUBLIC AT RAY WHITE HENLEY BEACH 206A MILITARY ROAD HENLEY BEACH SA FOR 3 CLEAR BUSINESS DAYS PRIOR TO THE AUCTION DATE.
RLA 183205
