### For sale in conjunction with Salvan Real Estate RLA 276 287
Please call Natalie on 0402 387 660 ###
The house needs some work but is an outstanding property for either renovation or redevelopment with possible subdivision opportunity!
Total land 822 SQM approximately with a Frontage of 18.29 m!!
Positioned in the highly sought-after suburb of Felixstow, this property presents a fantastic opportunity for renovators, developers, or savvy investors looking to unlock its full potential.
Set on a generous allotment, the home offers the perfect canvas to renovate and create your dream residence, or explore the exciting subdivision potential (subject to consents and approvals). With strong demand for new homes in this thriving eastern suburb, the possibilities here are truly rewarding.
The existing home provides a solid foundation for those looking to modernise and add value, while the substantial land size opens the door for redevelopment or future investment.
Ideally located just minutes from the CBD and close to shopping, schools, parks, and public transport, this is a rare chance to secure a property with flexibility and long-term upside.
Things we love about this home:
5 good sized bedrooms or 4 plus office/study
2 modern bathrooms ( 1 is an ensuite )
Massive open plan lounge/dining room
Adjacent separate kitchen with ample storage and bench space
Solar panels and Tesla battery
Large carport and wrap around rear verandah - great for entertaining
Large storage shed
Built in 1962
RATES:
City of Norwood, Payneham & St Peters Council $ 2084.62 per annum
Emergency Services Levy $422.20 per annum
SA Water supply charges $244.55 per quarter
assignmentLooking for more information on 16 Reid Avenue?
Explore comparables, sales history and growth for this property.
