42 L'Estrange Street

Glenside SA 5065

2229 m²

House

Currently for sale - view listing

Overview

Significant corner development opportunity in Glenside

Expression of Interest close | Tuesday 18th August, 5.00 pm. Held by the same families for generations, this exceptional offering presents a rare opportunity to secure an expansive 2,229sqm* corner landholding across three separate titles in one of Adelaide's most tightly held eastern suburbs. Comprising 38A, 40 & 42 L'Estrange Street, Glenside, the three titles combine to create a substantial corner landholding with approximately 94.5 metres* of street frontage, including 48.76 metres* to L'Estrange Street and 45.72 metres* to Cator Street. The scale, prominent corner position and triple-title configuration provide exceptional flexibility for future redevelopment (STCC).* The three titles are offered for sale as a single acquisition, presenting a rare opportunity to deliver a premium residential development (STCC), while the three existing character homes provide potential holding income as planning and approvals are pursued. Whether the vision is a boutique collection of luxury residences, an exclusive enclave of architecturally designed homes or an expansive family estate, the flexibility of this significant landholding provides scope for a variety of premium development outcomes (STCC). Property Highlights - Rare 2,229sqm* corner landholding across three separate titles in the City of Burnside - Approximately 48.76m* frontage to L'Estrange Street - Approximately 45.72m* frontage to Cator Street - Approximately 94.5m* of combined street frontage - Three existing character homes providing potential holding income - Significant residential redevelopment opportunity (STCC)- - Suburban Neighbourhood Zone - Approximately 5km* from the Adelaide CBD - Moments from Burnside Village, leading schools, parks and public transport - Exceptional opportunity for developers, investors and long-term landholders Why Glenside? Located just 5km* from the Adelaide CBD, Glenside is renowned for its tree-lined streets, established character and enduring buyer appeal. Residents enjoy convenient access to Burnside Village, Frewville Foodland, The Parade Norwood, Arkaba Village and the Adelaide CBD, providing an exceptional selection of shopping, dining and everyday amenities. The suburb is also surrounded by some of Adelaide's most highly regarded public and private schools, including Glenunga International High School, Pembroke School, Seymour College, Prince Alfred College, St Peter's College, St Peter's Girls' School, Scotch College and Mercedes College. Adding to its appeal is an abundance of parks, reserves and recreational facilities, including Victoria Park, Hazelwood Park, Tusmore Park, Glenside Community Park and the Glenunga Sporting Precinct, delivering an enviable lifestyle for families and professionals alike. Recent high-quality residential developments within the immediate precinct further demonstrate the area's continued evolution and the continued demand for premium new homes, reinforcing the site's redevelopment potential (STCC). *Dimensions approximate. Any proposed development is subject to the necessary planning and Council approvals (STCC). Please contact Jake Tidmarsh for Information Memorandum. All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.

Features

9 bedrooms

4 bathrooms

6 carspaces

2229 m² lot size

House

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