A Unique and Rare Opportunity for the Entrepreneurial Builder, Renovator or Developer. EOI by 9th December 2014.
1A Crystal Avenue St Marys. Expressions Of Interest Closing on Tuesday 9th of December at 11.00 am.
A Big and Beautiful 2,940m 2 approx presenting a unique opportunity to renovate or redevelop into a residential infill site in a convenient location. S.T.C.C
Buy both 1 and 1A Crystal Avenue and combine the sites for a total of 3,750 sqm approximately on 2 titles and therefore increasing your options for
creating house and land packages or allotments for sale. S.T.C.C
This site is currently made up of a church with meeting rooms, classrooms and offices; plus a hard stand / basketball court and a group of 4 one bedroom units.
Representing an ideal scenario, a perfect storm of options if you like; the units could be renovated and possibly even be reconfigured into 2 bedroom units by utilising the dining room in each as a second bedroom.
With all the buildings sitting on the 1 title, the opportunity exits to create a strata or community group of units and on selling them after the upgrading of each for a nice profit; or create for yourself a portfolio of cash flow positive units. S.T.C.C
The Church and the adjoining rooms could possibly be redeveloped into student accommodation; again after taking into account the usual council rules and consents.
Or alternatively take advantage of the corner site with north facing orientation of the back yards and create a multiple dwelling development site, zoned Residential CP PA 10 you have a choice of options.
Brilliantly located within 10 kilometres of the city, close to Flinders Medical Centre and Flinders Uni; public transport and close to the Tonsley Park Redevelopment.
Local shopping and services available at Castle Plaza shopping centre, Pasadena Green shopping centre, Stratco hardware store, Jett’s 24hr fitness on South Rd and a 24 Fit’ fitness centre at Pasadena Green, The Tonsley Hotel, St Marys Park football ground, St Marys Catholic Parish and School, Pasadena High School.
Westfield Marion and The State Swim Centre, Bunnings and Event Cinemas, the nearby Marion Hotel and Warradale Hotels are just some more conveniences of modern life and all within a 5 minute drive.
The new precinct at Tonsley Park is revitalising the area and bringing with it new and exciting opportunities with the Tafe College and shopping mall to be constructed; along with a new train station at Tonsley Park to be linked with the Sturt line and pick up the stops at Flinders.
Well served by schools colleges and parks some of these include Hamilton College, Sacred Heart College Middle School and Clovelly Park Primary School as well as Mitchell Park Reserve and football club / Step into Life Gym great choices for education and sporting pursuits.
FACTS:
TITLE
Allotment 84 in Deposited Plan No. 12978 in the area named St Marys, Hundred of Adelaide, Certificate of Title Register Book Volume 5816 Folio 123.
ZONE
City of Mitcham Council Central Plains Policy Area 10
LAND
The land is approximately rectangular and 2,940 m2 in size. It has 2 street frontages with the main frontage to Crystal Avenue and the side frontage on Bailey Street.
Call the team from Tanner today to find out more or to make an appointment to inspect this site.