Corner Residential Site 7300m2

For Sale by, 'Expressions of Interest' is this established home with the added benefit of potential current and future residential development opportunities. Most recently our clients have successfully negotiated the sale of a portion of their site to a commercial child care facility. It is our expectation that the construction of this child care will commence in 2021.

With a child centre facility being built next door, this site will become a standout location for growing families with a demand for quality housing and quality family homes. It is and has been an ever-growing community.

Situated on approximately 7300m2, you can be creative with the layout and potentially create a further 10 – 12 residential blocks whilst retaining this gorgeous corner allotment home. (Subjet to planning and council conditions.)

Rarely do opportunities arise where you have the best of both world, there is no need to rush this development, as the home is very liveable, alternatively you can make it income generating whistled the wheels of development and change turn quietly in the background.

As of this date, Adelaide Property Network's rental return appraisal for the home should be in the vicinity of $450 - $485 per week. That is approximately $23,000 return for the year.

Be it a home for you and your family or the next emerging opportunity this property is worth your consideration. With respects to the homeowners, we are conducting inspection via appointment only.

I hope to see you guys and look forward to chatting soon.

The Home
- Very generous 4 Bedrooms
- 30m2 of Formal Dining
- 2 expansive family living areas
- Double brink quality homestead
- Over 170m2 of secure gabled verandah entertainment
- Multiple storages and shedding options.
- Fully connected and upgraded to the main sewer and water lines

Patrick Nhim
[email protected]
Letter of Offer: https://bit.ly/2SNlyn9

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Information contained on any marketing material, website or other portal has been obtained from sources we believe to be accurate. We accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). You should make your own enquiries and seek your own independent advice with respect to any property advertised.