Attention Investors and Developers - Large 993m² Land Holding (Approx)
This is an ideal opportunity for investors and developers to secure a dual income property with the scope to redevelop at a later date (STCC). Located on one single title with 993sqm and a 29.25 metre frontage (approx), these attached maisonettes may even be the last of the old school buildings in a street with newer buildings and development already occurring.
The homes are currently rented to stable tenants and offer the buyer a generous combined income while you plan your future (STCC). Both homes offer 3 bedrooms, one bathroom, living and kitchen/ meals area and are in sound condition, but of course the temptation is the land. Most of the neighbouring properties are developed leaving the purchaser in the enviable position of finalising the contemporary footprint of the street.
* Two attached maisonettes on one title
* Regeneration zone of Playford Alive
* Both homes 3 bedrooms, 1 bath, kitchen / meals
* 993sqm allotment (approx)
* 29.25m frontage (approx)
* Solid brick construction
* Two current rental incomes from stable tenants
* Fantastic opportunity to develop (STCC)
* Surrounded by new buildings
* Close to schools, shops and transport
* Buy now and hold with rental income
* Property 21 recently updated internally to include new carpets, vinyl floors and re-painted
Internal images relate to property 21.
Playford Alive is an exciting new development that's revitalising the northern Adelaide suburbs. Conveniently close to Main North Road and the Northern Expressway, the project features improved and expanded transport services along with a new town centre and GP super clinic. Public transport is available just a short walk to either Davoren Road or Peachy Road. The John McVeity Centre is a great community based health and well-being facility just around the corner, ideal for your exercise and recreation, or take a walk along the Smith Creek linear Park or one of the two new parks and their dedicated bike trails.
Local schools include John Hartley School straight across the road and Inbarendi College Smithfield Plains Campus just around the corner, with Mark Oliphant College, Elizabeth North, Elizabeth Downs and Blakeview Primary Schools also available. Munno Para Shopping City is just down the road for all your consumer needs.
A unique opportunity to acquire now and receive a dual income while you plan your future development. Be swift to act this window of opportunity will surely close quickly!
Aaron DrogemullerThis was a fantastic experience, in an industry that has so many cowboys I am so lucky to have come across Jason and the team at Ray White. Jason is a good communicator with a great knowledge of the property market. I’d have no problems recommending him to friends, family and anyone else looking for excellent customer service.