Situated on a substantial corner allotment of approximately 900sqm, 4 Madge Street presents one of the best development opportunities in Blair Athol. With its generous dual frontages and prized position within the Urban Renewal Zone, the site offers immense potential to subdivide and build multiple dwellings thanks to its Urban Renewal zoning (STCC). Investors and developers alike will appreciate the scope of this opportunity, with the existing home able to be rented out while plans are finalised and approvals are obtained.
The residence itself features three spacious bedrooms, a large light-filled living room, and an updated U-shaped kitchen with ample storage and functionality. The bathroom includes a separate toilet for added convenience, while outside, a wide verandah overlooks a sizeable backyard complete with two large sheds, providing valuable additional storage or workspace.
Location is another standout feature of this property. Nestled in the ever-popular suburb of Blair Athol, residents are only a 10-minute drive from vibrant North Adelaide and the Adelaide CBD. Everyday shopping is a breeze with Northpark Shopping Centre just 5 minutes away, while outdoor leisure is close at hand with Blair Athol Reserve only a short 3-minute stroll. For those commuting, Kilburn Train Station is just 6 minutes away, and Stop 22 on Main North Road is only 4 minutes on foot. Families will also appreciate the excellent schooling options nearby, including Enfield Primary School, St Brigid's School, and Our Lady of the Sacred Heart School, all within a 5-minute drive.
Whether you are seeking a prime development site, an astute investment, or a property with long-term growth potential, 4 Madge Street offers a rare opportunity in a thriving and well-connected location.
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 322799
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | PORT ADELAIDE ENFIELD
Zone | URN - Urban Renewal Neighbourhood
Land | 900sqm(Approx.)
House |228sqm(Approx.)
Built | 1949
Council Rates | $1660.45 pa
Water | $222.43 pq
ESL | $178.05 pa
