After nearly 60 years in the tight grasp of one family, this C1910 symmetrical villa emerges on 1,099sqm of prime Payneham land with a frontage of 21.34m, posing the question to astute buyers: what can you create here?
Under the current zoning, the answer is most likely three dwellings (STCC) - making this one very valuable proposition before you even consider reimagining the existing dwelling.
The bones are strong, the rooms are big, the ceilings are high, the floorplan is flexible and a cosmetic renovation will a rewarding undertaking for a home that would also welcome a bold rear extension.
With heating/cooling provisions, a fully-functional timber eat-in kitchen and extensive shedding and off-street parking, there's also the scope to set and forget tenants while you plot that next move.
All just a stroll from Payneham Oval and public transport, tennis courts, Marden Shopping Centre and public transport that will teleport you to the CBD in 15 minutes from the second you hail, the real question is: why would you want to be anywhere else?
⁃ A rare chance to secure a huge, sub-dividable (STCC) piece of a tightly held suburb
⁃ Ideally placed on one of Payneham's most most beautiful tree-lined streets
⁃ Prime development potential: scope for up to three dwellings (STCC)
⁃ Solid original structure with high ceilings, generous room proportions, and a flexible floorplan
⁃ Opportunity for cosmetic renovation or bold architectural extension
⁃ Split r/c
⁃ Separate laundry
⁃ Extensive shedding and off-street parking
⁃ Strong rental prospects while planning future redevelopment
⁃ Wide frontage and deep allotment offer design flexibility
⁃ Just metres from Payneham Oval and local tennis courts
⁃ Close to Marden Shopping Centre and surrounding retail precincts
⁃ Zoned for Felxistow Primary and Marryatville High Schools
⁃ A short drive to The Parade, Norwood
⁃ Positioned within a well-established, tightly-held residential pocket of Payneham
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 275403
