Inner Metro Development Site

Anthony Fonovic and Tim Morris Real Estate are excited to present this rare opportunity to secure an incredible parcel of prime land situated in an ultra-convenient location of Morphettville only 8.6km to the city and 2.8km to the beach.<br/><br/>Presenting with a 20.42m (approx) frontage and 38.1m (approx) depth, this 778m2 (approx) allotment zoned Housing Diversity Neighbourhood (Z2404) is extremely rare and will suit a multitude of residential and non-residential developments (STC).<br/><br/>Opportunities to obtain a large land holding allotment of this size in such a prime location don't come up very often so don't delay.<br/><br/>The old residence built on this block in 1955 which is almost uninhabitable & in need of demolition is still generating a rental return of $350 per week ($18,200 per annum) so whilst you're finalising your approvals, the rental income can assist with reducing your holding costs.<br/><br/>This opportunity is scheduled to be auctioned at 4.30pm on Saturday 26 march 2022 (unless sold prior) so call Anthony Fonovic now on 0411 513 352 or email [email protected] for further details.<br/><br/>Specifications:-<br/><br/>CT: 5409/198<br/>Council: City Of Marion<br/>Zoning: Housing Diversity Neighbourhood (Z2404) - HDN<br/>Frontage: 20.42m (approx)<br/>Depth: 38.1m (approx)<br/>Land Size: 778m2 (approx)<br/><br/>The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.<br/><br/>RLA 274675