Perfect property development opportunity for up to 3 attached homes (STCC). Demolish and develop to reap the rewards.
To be auctioned (unless sold prior) - 13 Parker Street is perfect example of a housing development opportunity. Approx. 5 km from North Adelaide and the main roads leading to Adelaide CBD. House is currently unliveable and most definitely prime for demolition. Property will be sold as it currently presents.
Recent sales in the street and local area indicate a developed price of $2600/m2 (approx.) Council confirms that two detached homes or three attached homes could be built on the land (STCC).
Property 2 doors up from 13 Parker Street (880m2 approx.) has recently been developed with the following sales;
1. 9 Parker sold April 2023 for $710,000 (293m2)
https://www.***/property/9-parker-st-ferryden-park-sa-5010/
2. 9A Parker Street has a price estimate of $679,000 (294m2 approx.)
https://www.***/property/9a-parker-st-ferryden-park-sa-5010/
3. 9B Parker Street sold Nov 2023 for $711,500 (293m2)
https://www.***/property/9b-parker-st-ferryden-park-sa-5010/
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