Premium Urban Corridor Redevelopment Opportunity..!
A Rare Opportunity to secure this property with attractive returns and future development potential..! [STNC]
Current Zoning: Urban Corridor (Boulevard) - typically allows for medium-density development
Current Use: Fully tenated - 4 townhouses on [ one title ] generating approximately $143,000 pa rental income
Current Status: "Suitable for redevelopment" (STNC)
Urban Corridor (Boulevard) Zoning Implications:
This zoning typically allows for:
-Higher density residential development (possibly 4-8 storeys depending on specific council requirements)
-Mixed-use potential (ground floor commercial with residential above)
-Greater floor area ratio than standard residential zoning
-Potential for increased building height
Wayville Context
-Position: Inner-south suburb of Adelaide, approximately 2km from CBD
-Demographic: Mix of established families, professionals, students (proximity to UniSA & Adelaide Uni)
-Transport: Excellent public transport including Greenhill Road bus corridor, proximity to tram line, and walkable to Adelaide Showgrounds Railway Station
Rose Terrace Specifics
-Character: Wide, tree-lined boulevard with mix of heritage homes and newer developments
-Traffic: Major arterial road connecting to city and foothills
Amenities:
-Wayville Shopping Centre (Coles), specialty shops on Goodwood Road
-Education: Close to Walford Anglican School for Girls, St Peters College, Unley High School
-Health: Adjacent to Ashford Hospital, proximity to St Andrews Hospital
-Recreation: Adelaide Showgrounds (Royal Adelaide Show, events), Heywood Park, Unley Swimming Centre.
Don't miss this amazing opportunity.!
FOR DEFINITE SALE....!
OPEN INSPECTIONS WILL ONLY BE CONDUCTED AT THE TENANTS
AVAILABILITY.
For more information call:
Larry Finis on 0400 600 422 or
Raffaele Spano on 0427 305 089
Neither agent or vendor accept any liability for any error or omission relating to this property. We apologize for any inconvenience this may cause however, we would like to thank you for your cooperation. RLA 288 738
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