Auction: Friday 2/12/2016 @ 11:00 am ($1,675,000)
'Kota Bharu' ... built circa 1880 & held by the current family for over 50 years, this iconic estate offers a once-in-a-lifetime land value opportunity in the heart of the Eastern Suburbs. The residence, which features a cellar & well, would require massive renovation. Alternatively, a fantastic site to build a magnificent new family home with tennis court & pool, or to redevelop in a number of ways, subject to Council consent. There is no Local or State Heritage listing on the property. This is a beauty! Under instructions from Public Trustee.
Location Notes
* close to the Marryatville shopping precinct, cinema & bus services; convenient to Burnside Village, Norwood Parade & the City
* located to Marryatville Primary School & Marryatville High School
* central to a number of private schools including Pembroke, Loreto, St Peters Girls, Seymour
* convenient to 'Hazelwood Park' & the Burnside Swimming Centre
General Information:
C/T: 5655 / 336
Council: Norwood Payneham St Peters
Zoning: RC - 15.3 Heathpool/Marryatville
Council Rates: $3426.28 pa
SA Water: $411.88 pqtr
ES Levy: $708.30 pa
Land size: approx 33.53m x 58.47m with corner cut-off (1950 m2)
Built: 1880 approx
Web ID = SPM4247
Auction Notice: The Vendor's statement may be inspected at Harcourts Platinum, 411 Portrush Road, Toorak Gardens SA for 3 consecutive business days immediately preceding the Auction and at the auction for 30 minutes before it starts.
