Auction | Saturday, 13th December at 1:30pm. Registrations from 1:00pm.
Perfectly positioned in Salisbury's tightly held and exclusive Dress Circle, this iconic Basket Range c.1960 residence stands proudly on an expansive "island" allotment of approximately 1,263sqm. Solid brick, beautifully original and rich with opportunity, the property presents outstanding scope to further upgrade, redevelop or subdivide (STCC) in one of Salisbury's most sought-after pockets.
Offering a unique and versatile floorplan, the home features four bedrooms, with the fourth enjoying its own private external access and dedicated bathroom - an ideal setup for rental income, extended family, guest accommodation or a home-based business. The home also offers excellent investment appeal, with an estimated rental return of $650 per week.
The expansive allotment provides exceptional flexibility for future enhancement. Create your dream family estate with space for a pool and coveted north-south tennis court, or pursue the subdivision opportunity and develop or sell an exclusive level allotment (STCC).
The existing Development Application proposes the subdivision of the current single Torrens Title allotment into two separate Torrens Title allotments (one with the exisitng dwelling retained), providing an immediate pathway for purchasers seeking to maximise the site's potential.
Superbly located, the property sits within easy reach of quality schools, leafy parks, shopping centres and convenient public transport links. Residents will appreciate the peaceful, established streetscape while still enjoying quick access to Salisbury's vibrant town centre, major amenities and key transport corridors.
A rare opportunity of scale, position and potential in a premier Salisbury setting - this is a once-in-a-generation chance to secure an iconic home with endless possibilities.
*All development is subject to the necessary council consents.
**The Vendor's Statement may be inspected at 685 Port Road, Woodville Park for 3 consecutive business days immediately preceding the Auction and at the Auction for 30 minutes before it commences.
