Set on a substantial allotment of approximately 830sqm with an impressive frontage of around 18.29 metres, this tightly held property presents an outstanding opportunity for renovators, investors, developers and homebuyers looking to secure a prime parcel of land in a highly sought-after location.
Positioned opposite a beautiful reserve and surrounded by established homes, the property offers a solid foundation for those looking to renovate and modernise, while the generous land dimensions provide exciting future development potential, all subject to the necessary consents.
Whether your vision is to restore the existing residence, extend and enhance it for modern family living, or explore redevelopment opportunities, the choice is entirely yours.
The home itself offers a flexible floorplan comprising three bedrooms, spacious formal lounge, separate dining area, functional kitchen, central bathroom, separate laundry and WC, together with an additional family room overlooking the rear yard.
Character features including high ceilings and large room proportions provide excellent bones for a renovation project, while the extensive outdoor areas include undercover entertaining, established gardens, carport, garage and ample off-street parking.
The sheer size of the allotment is what truly sets this property apart.
Large landholdings of this scale are becoming increasingly difficult to secure, particularly in established suburbs where future growth and redevelopment opportunities continue to drive strong buyer demand.
Conveniently located within easy reach of quality schools, shopping facilities, public transport, recreational reserves and only a short commute to the Adelaide CBD, this is a rare opportunity to secure a property that offers immediate liveability together with significant long-term upside.
Bring your imagination, your renovation ideas and your vision for the future.
Opportunities combining substantial land, a solid existing residence and genuine development potential are becoming increasingly scarce.
A property where the value lies not only in what it is today, but in what it could become tomorrow.
Subject to the necessary consents, the possibilities are truly endless.
Inspect with John Lyrtzis ph 0411507930
SPECIFICATIONS:
CT // 5665/677
Zone // Housing Diversity Neighbourhood (Z2404) - HDN
Land // 830m2
Built // 1960's
Council // THE CITY OF NORWOOD PAYNEHAM AND ST PETERS
Council Rates // TBA
SA Water // TBA
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.
RLA46442
