Four oversized units, of solid brick construction; on a single title are on offer for
refurbishment, redevelopment or investment. Situated on approximately 740 square
metres of land, this block of units presents an opportunity to unlock some serious
potential.

Currently, disposed of as two and three bedroom residences over two levels with off street parking and ample common grounds. Unit 4 has been completely renovated throughout and Unit 1 has been semi-renovated. Units 2 and 3 still in their original condition, ripe and ready for refurbishment. Three of the four units are currently under a periodic lease allowing for an income stream during the planning process. The photos displayed are of the renovated unit only and is not a representation of the remaining three.

The draw card here is the large individual floor space when compared with others on the market. Each residence features spacious lounge rooms with separate kitchen/meals area, bathroom with bath and shower and a separate laundry. A very solid base to work with.

Located within striking distance of to a number of schools, including TAFE SA,
Regency Campus, International College of Hotel Management and Le Cordon Bleu,
Adelaide, Australia; eateries and shopping, the leasing or resale potential is highly
desirable.

Upper Level
Unit 4: 3 bedrooms, 79 square metres plus balcony
Unit 3: 2 bedrooms, 69 square metres plus balcony

Lower Level
Unit 1: 3 bedrooms, 79 square metres
Unit 2: 2 bedrooms, 69 square metres

In addition to the above there are Common areas and some storage. All measurements above are approximate.

Group tours of the building will be conducted by appointment.

Contact the Agent for an information memorandum and relevant documentation.

Expressions of interest close noon Thursday 14 December (unless sold prior).

RLA 275279