Income today, a compelling revision tomorrow. Rarely does a three-bedroom villa offer such a dynamic pathway - gifted with position and promise, moments from Fullarton Road and the artisan delights of Dulwich Village.
Comfortable enough to lease, modest enough to transform (subject to planning consent), and set on prized eastern soil its mere presence in this affluent character pocket makes a full-scale remodel not just viable, but worthwhile.
From the dual-entry portico comes a layout that naturally divides into two separate dwellings, presenting a dual income stream currently rented at $970 per week - with flexibility to evolve into something far more refined and family-focused.
As a character-led home on a Torrens titled allotment, the proverbial door is wide open for the eager investor, developer, or ambitious project buyer and further enhancing its appeal, is rear lane access plus a double carport.
A central hallway moves across polished timber floors to a front lounge - or oversized home office - before continuing to an eat-in kitchen with stainless steel appliances, updated bathroom, generous bedroom, and rear laundry.
Enter via the charming French doors, and the home's separate wing reveals a light-filled living and meals area beneath ornate ceilings. Two additional bedrooms, a basic second kitchen, and an almost identical bathroom (with laundry provisions) complete the adaptable yet easily reversible self-contained home.
With scope to give live-in parents or adult children their own independence, it'll flex and adapt as your life sees fit; and just 1km to Kensington Road, 2km to The Parade and 3km to Adelaide CBD its value is impossible to ignore.
A dawn run around Victoria Park, something freshly brewed or baked from The Corner Store or Commissary, dinner at ORSO, cocktails at Willmott's, with reputable schools and colleges just minutes from your daily city commute.
For its imminent lifestyle, proven income or future potential, the rewards are rich whichever path you take.
Take a closer look:
- Stone-fronted character in a prestigious heritage precinct
- Valuable rear lane access + double carport
- Polished timber floors
- Flexibility to lease out as 2 separate dwellings with a 1-bed + a 2-bed configuration
- Rewarding scope to renovate, extend or redevelop - subject to planning consent
- 2 basic kitchens and 2 upgraded bathrooms
- 2 separate gas hot water systems
- Multiple reverse-cycle split system units throughout
- Fully fenced and established backyard
- Walkable access to village lifestyle, cafes and boutique shopping
- Direct each-way connection to the CBD and the Adelaide Hills gateway
- Blue-chip inner-eastern location
- Zoned for Rose Park P.S. 700m, Marryatville H.S. 2.9km
- Close to Prince Alfred and St. Peter's Colleges
- Just 3km to the CBD.
Specifications:
CT / 5931/971
Council / Burnside
Zoning / EN
Built / 1900
Land / 512m2 (approx)
Frontage / 14.02m
Council Rates / $2,408.24pa
Emergency Services Levy / $235.35pa
SA Water / $285.11pq
Estimated rental assessment /$880 - $950 per week/ Written rental assessment can be provided upon request
Nearby Schools / Rose Park P.S, Parkside P.S, Norwood P.S, Linden Park P.S, Glen Osmond P.S, Marryatville H.S, Glenunga International H.S, Urrbrae Agricultural H.S, Adelaide Botanic H.S, Adelaide 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 | 226409
