Under Instructions from the Public Trustee
Tucked away in a superb location lies a generous allotment of some 759 sqm. This property is an exciting opportunity for the astute developer to create something special that will command attention once completed (Subject to Planning Consents).
Currently on the site is an old home in very poor condition. It is not habitable and will most likely be knocked down. However, for those keen and up for a challenge, it comprises five main rooms: three bedrooms, a lounge room, a kitchen/meals area, and a bathroom. The property likely has plumbing and electrical issues, as well as some rotten floorboards and structural cracking. If you are looking to renovate, this would not be for the faint-hearted.
With the dwelling's current state and being zoned as Suburban Neighbourhood, we believe the best possible use for the property is to knock it down and rebuild your dream family home. With a generous frontage of 22.62 sqm and a depth of 33.57m, this will allow for a double garage and give you flexibility in your design plans. For a copy of the title or any further information, please do not hesitate to call Martin Betts on 0402 560 533.
Perfectly positioned with a north facing rear yard in one of Adelaide's premier blue-chip suburbs, properties like this with redevelopment potential are few and far between (STPP). Don't miss out!
CT / 5704/753
Year Built / 1950's
Land Size / 759 sqm (approx.)
Equivalent Building Area / 120 sqm
Council / City of Mitcham
Council Rates / $1,689.55 p.a.
Water & Sewer / $193.67 p.q.
ESL / $108.00 p.a.
Zoning / Suburban Neighbourhood
Title / Torrens title
Speak to TURNER Property Management about managing this property
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RLA 62639
