Sited on a generous traditional rectangular allotment of 745m2, this 1960's constructed timber frame home offers functional accommodation across a 3 bedroom, living and eat-in kitchen design. A great location only 6km from the city and within walking distance to the Klemzig Interchange, The River Torrens Linear Reserve and Klemzig Primary School makes this one hot property for home buyers, investors and developers.
Get ready for the next life phase of this stylish example of post war budget architecture, with the real value of the offering being the potential to subdivide the level allotment (STCC). Get creative and do the math. Design, develop and succeed, as many of the neighbouring allotments have!
Currently rented to reliable and happy tenants of 2 years, on a periodic agreement, the home is in good overall condition and will require minimal maintenance in the near future, so enjoy the income stream while you plan your dream home or profitable development of two new residences (STCC).
Be quick to inspect! This one is a rare opportunity with grand future growth potential!
Briefly:
* 1960's constructed timber frame home
* Large rectangular allotment of 745m2
* Desirable street frontage of 16.3 metres (approx.)
* Great location close to schools, transport, reserves and shopping
* Potential to subdivide and renew (STCC)
* Currently rented at $290pw on a periodic lease
* Existing home in good repair
* 3 bedrooms of a generous size
* Generous living room with split system air conditioner
* Eat in kitchen
* Bathroom with bath and separate shower
* Single drive through carport
* Galvanised iron single garage
Perfectly located close to all desirable amenities. For the younger family, Klemzig Primary School is just around the corner, with other local educational facilities including Vale Park Primary, Hillcrest Primary and St Pius X School along with Windsor Gardens Secondary, Cedar College and Heritage College.
There are many parks and reserves close by for your recreation, leisure and exercise including Klemzig Reserve with the Gaza Sports and Community Club, TK Shutter Reserve and the River Torrens Linear Park.
Greenacres Shopping Centre is just up the road for your weekly shopping along with the speciality shops of OG Road and North East Road. Public transport is readily available with a bus route on Fourth Avenue and OG Road plus The Obahn Klemzig Interchange within walking distance.
Property Details:
Council | Port Adelaide Enfield
Zone | R-Residential/64-Residential East
Land | 745sqm (Approx.)
House | 135sqm (Approx.)
Built | 1960
Council Rates | $1,221.35 Per Annum
Water Rates | $188.93 Per Quarter
ESL Rates | $290.70 Per Annum
