Big Block. Big Potential. Big Project.
Best Offers by Monday 1st September @1pm - To be sold under instructions by the Administrator of the Estate with a reserve set at $1,025,000.
All offers received at this price or above with the most favourable conditions will be considered.
Roll up your sleeves, call your tradie mates, and bring your vision goggles - because this one is not for the faint-hearted.
Sitting on a whopping 1,011m² (approx) with 18.28m frontage in the heart of Ascot Park, this tired old family home (plus its little "granny flat" with its own bathroom) is in need of… well… everything. Yes, the termites have had a nibble/feast. Yes, it's been lived in by a dedicated collector. And yes, the kitchen is as dated as they come - think retro without the cool.
But here's the magic:
• 3 bedrooms in the main home, plus the separate little granny flat/family room with bathroom.
• General Neighbourhood Zone in the City of Marion - prime for redevelopment (STCC). Refer to this link for more info - https://code.plan.sa.gov.au/home/property-details?type=valuation&sid=1006405003
• Zoning + size = development goldmine - surrounded by hammerhead and 3-site allotments.
• Scarce opportunity - blocks this size with genuine redevelopment potential are few and far between… most have already been carved up.
• Perfect challenge/project for the die-hard renovators who see charm in the chaos.
• Separate living space for extended families, teenagers, or future rental income.
• Plenty of shedding & carporting for tools, toys… or treasures.
• Location! 12-15km from the CBD, minutes to local shopping centres, and a 5 minute stroll to the train station for direct access to Flinders Uni, Flinders Medical, and/or the CBD.
• Close to Sacred Heart, Westminster, Hamilton College & local primaries
Whether you bulldoze, subdivide, or revive and bravely resurrect it, this is your chance to secure one of the last few big blocks in a suburb on the rise.