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Rick Schultz and Nick Psarros of Ray White Port Adelaide are pleased to present to the market this character property on a massive allotment with many options!
Letter of offer Form: shorturl.at/isyFS
Opportunities like this are hard to come by. This property has been in the same family for over 40 years and it is now time for the next chapter. Currently split into two separate homes, both on periodic leases, returning $387.5 per week together. This makes the ideal situation to buy and receive some immediate income while you plan your next move.
Development?
Zoned mixed use, it is best to speak with the Charles Sturt council as to what you can do here but there are many options.
Perhaps keep the house and build several dwellings in the back yard, maybe knock down the existing home and totally redevelop (there are several groups of townhouses on the same road). This property can even service as a commercial site, build an office and run a business (STCC).
Situated 8 kms from city and 7 kms to the seaside. Minutes to Westfield West Lakes with its Cinema complex, shopping. Close to Grange Golf Course, public transport and Queen Elizabeth Hospital making this a truly outstanding location.
In close proximity to public transport, shops and local schools including Woodville High and Whitefriars Catholic Primary School this is an opportunity for a perfectly balanced lifestyle with the added convenience of being only a 15 minute commute to both the CBD and Adelaide's finest beaches.
Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
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