Are you looking to establish yourself in a convenient BEACHSIDE locality, with the great LIFESTYLE such offers? LOOK NO FURTHER, just read on.
Ideally located only approx. 100M from Military Road, and so convenient to this magnificent ICONIC METROPOLITAN BEACH.
I can’t think of anything better than living close to the beach, Adelaide offers so much with our fantastic coastline and so convenient to the CBD.
The home comprises 3 bedrooms, L-shape lounge/dining, and a large family/ sun-room with a lovely Northerly aspect. It has a front garage, and a bonus detached room at the rear, which could be utilised as a home office / games room / teenage retreat / hobby room etc. This room also has its own private toilet / shower.
The property has been occupied by the present owner for over fifty years, whereby it is very comfortable, there is the opportunity to update/refurbish for the lucky new owner.
But the real opportunity that this property enjoys is likely the possible DEVELOPMENT POTENTIAL of the land Subject To Council Consent (STCC).
The property is in the Charles Sturt Council’s Residential Zone Mid suburban Policy Area 16. The Principles of Development Control (PODC) currently indicate that for DETACHED dwellings a minimum site area (for corner properties) is 350m2 (and minimum frontage of 10M per allotment).
The allotment is approximately 797m2.
So what are some of the potential scenarios?
*Live in and enjoy as is.
*Rent out / land-bank for any future development (STCC)
*Subdivide and create a second lot,- sell one allotment, and use the sale proceeds to fund a dwelling on other allotment (STCC).
*Subdivide and build two dwellings (STCC), live in one, keep other as investment/wealth creation vehicle? Or sell both?
DON’T LET THIS OPPORTUNITY PASS.
THE PROPERTY IS FOR VERY GENUINE SALE.
NOTE: The Agent has some draft indicative designs reflecting options re: a single and two storey design. These have been priced by the Builder.
If you would like a draft information package to view including Builder pricing, or you have any general questions, please call.
Adam 0437 700 888.
General Real Estate and Special Projects Specialist.