OPEN INSPECTION
Saturday 27th of July 2019 from 11:30am to 12:15pm.

1417M2 Low-Medium Density Land

RARE TO FIND WHOLE UNIT BLOCKS FOR SALE.
1 BLOCK OF LAND; 1 COUNCIL RATES; 4 INCOMES

Land: Low – Medium Density 1417m2 with 2/3 in use. Length 70.3m Width 20m

Acceptable Future Outcomes include: High Density Residential and a range of commercial options with council approval.

Dwellings: (Refer to Plan Photo)
Front Duplex. 2 x 1 Bedroom units, one with enclosed front verandah.

Middle Townhouses: 2 x 2 Bedrooms with living upstairs. Laundry, garage and further optional living space downstairs.

Vacant land at the rear of the property providing one of many future development options.

Position: Directly opposite the Queensland State Rose Garden, which has been developed in recent months to twice its size. This is part of the 30 area (12 hectare) Newtown Park, which includes a rose wedding venue, sports ovals, cricket pitches, croquet lawns, children’s playgrounds and family barbeque areas.

The CBD and the major Grand Central Plaza Shopping Centre is only 1.7klms away. The property is situated between two major shopping centres Clifford Gardens and Whyalla Plaza (each 1.2 klms from 106) and surrounded by public and private schools, including The Glennie School, St Ursula’s and St Mary’s less than and around a kilometre away.

Property Income and Improvements:
Leased current weekly income is $950
Excellent Professional Tenants.

Recent Improvements Include:
* New Concrete Driveway
* Full Roof Renovation and Painting – both buildings
* Full External Painting including balconies, paths etc.
* New Security Screens
* New Air-conditioning and fans
* Some internal refresh painting and new carpets.