Set on an expansive 728sqm (approx.) allotment with north-facing backyard, this Mitchell Park parcel presents a terrific opportunity for redevelopment.
Zoned Urban Renewal Neighbourhood High Density with a 17.1m frontage and the potential to redevelop with 4-5 dwellings (subject to council consents), this one will have unparalleled appeal for developers; its current tenancy of $595 per week until December 2025 offering some income security in the interim.
A wonderful spot backing onto a quiet council reserve, just moments from bus and train transport, with easy access to the Tonsley precinct, Flinders University, Marion Hotel & Cellars, schools and Pasadena and Westfield Marion Shopping Centres. Less than 12kms from the CBD and 6kms from the beautiful Brighton Beach make this a highly-sought spot that will hold you in good stead for the future.
Lots to love with lots of potential - a development opportunity not to be missed.
Specifications:
CT / 5362/ 223
Council / City of Marion
Zoning / URN- Urban Renewal Neighbourhood
Council Rates / $1,620.27 PA
SA Water Rates / $185.55 PQ
