1000sqm + 18M Frontage

Secure your wealth with 1008sqm approx of land complete with updated solid brick residence and approval for 2 new build homes to the rear.<br/><br/>Consult your broker, run your numbers this property is here for the taking.<br/>1950's solid brick 3 bedroom home fronting May Terrace currently tenanted periodically at $410.00 per week.<br/><br/>A durable investment property or first home to the front and an opportunity to construct and capitalize on the land holding and approvals in place.<br/><br/>2 new homes are approved to be built to the rear of the property which is a tremendous value add in area on the move.<br/><br/>Experiencing an 5.09% annual change in Median Price over the last 10 years and a median rental price per week of $420.00 per week, the future is looking bright some 12km from the CBD and a short commute to popular Port Adelaide and Semaphore precincts.<br/><br/>To be sold at Auction on the 24th September at 10:00am, make your enquiries now and get organized immediately.<br/><br/>Secure your wealth now and reap the rewards.<br/><br/>Contact Anthony DeMarco 0408 778 744 for further information.<br/><br/><br/>Approvals in place for 2, 3 bedroom residences to the rear.<br/><br/><br/>*If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. Harcourts Smith (Kate Eliza Real Estate Pty Ltd) does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.<br/><br/>*Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon.<br/><br/>*The vendor's statement may be inspected at 77 Semaphore Road, Semaphore for 3 consecutive business days immediately preceding the auction; and at the auction; for 30 minutes before it starts.<br/><br/>RLA 242793<br/>