Here lies a compelling opportunity for developers and investors seeking a strategic foothold in a suburb showing strong growth and revitalisation. Built in 1949, this three-bedroom home sits on a substantial 690sqm block within the Urban Renewal Neighbourhood zone, offering both immediate rental potential and long-term redevelopment opportunities (STPC).
Located in the heart of Blair Athol, the property is just moments from the cafes, shops, and vibrant culture along Prospect Road, providing convenience and lifestyle appeal for tenants or future residents. Investors can secure the property now and generate rental income, while developers can explore redevelopment possibilities, whether it's subdividing, building townhouses, or a contemporary project (STPC), you don't need to look far just to see the suburb rejuvenation.
With its generous land size, prime location, and flexible zoning, this property represents a sound investment in a suburb poised for growth. Why not take advantage of ongoing urban renewal to position yourself for future capital growth within 8kms of the CBD.
Nearby schools include St Paul Lutheran, St Brigid's School, Blair Athol North, Enfield Primary, St Gabriels, Our Lady of Sacred Heart, and Roma Mitchell Secondary College.
SPECIFICATIONS:
CT // 5706/967
Zone // Urban Renewal Neighbourhood
Built // 1949
Land // 690sqm
Frontage // 30.49m
Council // City of Port Adelaide Enfield
Council Rates // $1,398.30 per annum
SA Water // $200.30 per quarter + usage
ESL // $157.80 per annum
Estimated Rent // Written assessment provided upon request
DB Philpott is proud to service the local area, and if you are considering selling, we invite you to contact the team for a free, no-obligation market opinion.
The property will be offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide. The agent is unable to guide or influence the market in terms of price, but recent sales data for the area is available upon request via email or at the open inspection.
The Vendor's Statement (Form 1), the Auction Contract, and the Conditions of Sale will be available for public inspection at the agent's office for at least 3 consecutive business days before the auction, and at the auction venue for at least 30 minutes prior to the commencement of the auction.
Please note that any offers submitted prior to the auction will be under Auction conditions. It is the Purchaser's responsibility to seek independent legal advice and a Form 3 Cooling-Off Waiver.
If land size is quoted, it is an approximation only. You must verify the accuracy of this figure. DB Philpott does not guarantee the accuracy of these measurements. For any development enquiries or site requirements, please contact the local government authority.
Purchasers are encouraged to conduct their own due diligence, as any information provided here is a guide and should not be relied upon. Development is subject to all necessary consents.
We recommend assessing the suitability of any purchase based on your own needs and circumstances by seeking independent financial and legal advice.
RLA 46442
