Presenting an exciting opportunity for developers, builders and investors, this substantial corner site offers approved plans for subdivision into two Torrens titled allotments.
Positioned across approximately 637sqm with frontages to both Lynton Avenue and Castle Street, the approved division comprises proposed Allotment 101 at approximately 321sqm and proposed Allotment 102 at approximately 316sqm.
The existing three bedroom home is currently leased for $750 per week and presents a great investment opportunity with scope to renovate or redevelop (STCC).
Conveniently positioned between the Adelaide CBD and the coast, the property is close to tram services, local reserves, schools and everyday shopping at Castle Plaza.
Features
Approved subdivision for two Torrens titled allotments
Valuable corner position with multiple options
29.34m frontage (Castle Street)
Lifestyle
Footsteps to bus, tram & train stops
Close to Castle Plaza for shopping and everyday conveniences
Easy access to local parks and reserves
Positioned between Adelaide CBD and the coast
Zoned for Plympton International College & Hamilton Secondary College
Close proximity to Emmaus Christian College & Forbes Primary
Just 5km from both the CBD & Jetty Road Glenelg
Rates
Allotment 101: 321sqm
Allotment 102: 316sqm
City of Marion
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