Blue Ribbon, Urban Corridor, Prospect, Prime Development Opportunity

415 and 417 to be sold as one for future townhouse development. <br/><br/>• Close to Cosmopolitan Prospect Road equipped with cafes, restaurants and local shopping<br/>• A rare and unique blue-chip property with investment security and unprecedented upside in one of Adelaide’s most exclusive locations <br/>• Close by Quality schools, public transport<br/>• Offering a huge 1519sqm allotment, 36.6m frontage<br/><br/>Potential annual income on the two properties, $40,000*<br/><br/>Rarely does an opportunity like this present to purchase two properties already council approved for 13 townhouses. Outstanding land holding of 1519sqm, huge frontage 36.60m.<br/><br/>Pro-Spectrum<br/>Dwellings; All thirteen three storey townhouses, 3x Bed, 3x Bath and 2x Car-space.<br/><br/> Set in the Urban Corridor, Transit Living Zone a prime opportunity exists to build a multi-storey structure or large townhouse development (s.t.c.c.) Both properties are in good condition offering the option to rent now and develop in your own time frame. <br/><br/>417 REGENCY RD, PROSPECT. <br/>- Set on 995sqm of land, (frontage 21.36m depth 46.63m)<br/>- Three bedrooms<br/>- Timber Flooring<br/>- Vast grounds<br/><br/>415 REGENCY RD, PROSPECT. <br/>- Set on 524sqm of land (frontage 15.24m x depth 34.44m)<br/>- Three bedrooms, plus rumpus room (potential fourth bedroom)<br/>- Updated kitchen, stone bench tops<br/>- Ducted heating and cooling<br/>- Updated bathroom and laundry<br/>- Security shutters<br/><br/>Act now or miss out on this incredible opportunity in such a sought after, near-city suburb!<br/><br/>RLA244395