Here is a rare opportunity to secure an original 60s era home in a tightly held location, situated only a short walk to the Beach and the River Torrens Linear Park and Bikeway.
Comprising approximately 720sqm of land and generous frontage of 24.24m, this allotment will appeal to the keen developer (STCC) or the astute investor alike. The opportunity is yours to develop now and reap the benefits immediately, or reside in or tenant this property whilst the market continues to appreciate in this prime beachside location.
The opportunity and convenience afforded by this location cannot be overstated. Local shopping and public transport are on your door step and the Linear Park Bikeway offers the opportunity to safely cycle or walk to the Adelaide CBD or to pristine West & Henley Beaches.
A sub-division concept plan has been developed and is provided for your consideration. Development will ultimately be subject to council consent.
Auction Sunday 24th February at 11.30am (unless sold prior)
|R&H Suburb Summary||Houses|
|Number of sales||62|
|Median Rental Price||$470 p.w.|
|Change in Rental Rate (5yr)||11 %|
|R&H Suburb Summary||Units|
|Number of sales||22|
|Median Rental Price||$290 p.w.|
|Change in Rental Rate (5yr)||7 %|