Timber Framed Home on Large Traditional Allotment

Nestled on a large traditional allotment of 880m², this 1950s timber framed home is now ready to enter a new evolutionary phase and presents the perfect opportunity for developers and entrepreneurs with an eye for value, to purchase now, demolish and redevelop into up to 3 brand-new homes, (as has been done with neighbouring properties).

The home is in need of repair but offers functional accommodation and could be rented out while you are going through the planning process. A 5 main room configuration features 3 bedrooms, living room and kitchen. The living room offers a wall air-conditioner and ceiling fan while the kitchen provides the original cabinetry, wide sink and free standing electric stove.

All 3 bedrooms are of good proportion with bedrooms 1 and 2 both offering ceiling fans and built-in robes. Bedroom 3 features a window air-conditioner. Ducted evaporative cooling will keep the summer heat at bay while a 12 panel, 3.5 kW solar system ensures your energy bills are always manageable.

Outdoor improvements include a carport and return verandah with lock-up gates, a generous 3.7 × 10.7m galvanised iron workshop and adjacent verandah. A disused concrete swimming pool offers a limps into a vibrant past, but would need to be filled in before development.

Offering a rare opportunity for investors and developers to purchase at an entry-level cost, get creative, do the planning and revitalise into new quality housing.

Briefly:
* Timber framed home on large traditional allotment
* Land size of 880m²
* Opportunity for investors and developers to purchase at entry-level value
* Potential to demolish and build 2 or 3 new homes
* Surrounding neighbouring properties already developed
* Home of 5 main rooms including 3 bedrooms
* Opportunity to rent out now while you plan your new project
* Living room with ceiling fan and wall air-conditioner
* Kitchen with wide sink and free standing electric stove
* Upgraded bathroom - modern vanity
* Lock-up carport and return verandah
* Galvanised iron workshop 3.7 × 10.7m
* Disused concrete swimming pool
* 12 solar panels delivering 3.5 kW

Perfectly located amongst newer and older homes. Unzoned primary schools in the area include Northfield Primary School, Blair Athol North School B-7, Pooraka Primary School, Enfield Primary School & Hampstead Primary School. The zoned high school is Roma Mitchell Secondary College, just a short walk away. Quality private schools in the area include St Gabriel's School, Cedar College and Heritage College.

Public transport at your doorstep on Grand Junction Road. Local shopping is available at either The Churchill Centre, Ingle Farm Shopping Centre or Northgate Plaza, with the Gepps X Home HQ, markets and Lifestyle Precinct a short drive away. Local open spaces include the State Sports Park and Dry Creek Linear Reserve, with St Albans Reserve and the Clearview Bowling Club in the local area and other parks and reserves nearby in the new Northgate Development.

Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.

Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.

Property Details:
Council | Port Adelaide Enfield
Zone | R - Residential64 - Residential East
Land | 195sqm(Approx.)
House | 880sqm(Approx.)
Built | 1954
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pq