Dual Income Now, Subdivision or Renovation Potential Later
Set on a generous 613m² allotment with an 18.29m frontage in the General Neighbourhood Zone, this dual-tenanted property gives investors, developers and renovators a flexible entry into the well-located Queenstown pocket.
Offering six bedrooms across the property and currently tenanted on two periodic leases, it lets you keep the income flowing while you plan your next move, or take the site in a new direction.
Hold and earn: keep the existing tenants and enjoy a return while you finalise your plans. Rental details are available to genuine buyers on request.
Renovate: the existing dwellings offer a solid base for a cosmetic update or full renovation to lift rent or resale value.
Subdivide or redevelop: with a wide 18.29m frontage and 613m² in the General Neighbourhood Zone, the site presents potential for subdivision or additional dwellings, subject to council approvals.
Property highlights:
613m² allotment with 18.29m frontage
General Neighbourhood Zone
Six bedrooms in total
Dual tenancies on periodic leases, giving the new owner flexibility
Whether you're after yield, a project for your builder or a value-add renovation, sites with this much flexibility are hard to find.
MORE PHOTOS TO COME SOON
Specifications:
CT / 5666/263
Council / Port Adelaide Enfield
Zoning / GN
Built / 1940
Land / 613m2 (approx)
Frontage / 18.29m
Council Rates / $1,339pa
Emergency Services Levy / $152.35pa
SA Water / $192.93pq
Rental Assessment Coming Soon
Nearby Schools / Alberton P.S, Pennington School R-6, Hendon P.S, Westport P.S, Woodville P.S, Le Fevre H.S, Seaton H.S, Woodville H.S
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and 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). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 343664
Features
6 bedrooms
2 bathrooms
directions_car1 carspace
crop_free613 m² lot size
cottageHouse
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