On the corner of Oakham Street & Encounter terrace this almost beach front property offers excellent development potential. The block is approx. 820m2 and provides the opportunity to subdivide the block, keep the existing solid 3 bedroom home sell off the newly created block or build the home of your choice on the new block. Alternatively you can remove the existing property and subject to council approval build a small unit development. The current home includes an open plan kitchen living area, 3 bedrooms and a combined bathroom laundry. There is a separate garage under the main roof and large garage. The City of Victor Harbor zoning category is Residential Policy Area 6.
http://www.dpti.sa.gov.au/__data/assets/pdf_file/0016/250018/Victor_Harbor_Council_Development_Plan.pdf
Whether you are a first time or long term investor you need to look at this.
The property is being offered by Auction at 11am on 8th April 2017 on the property. For more information or to arrange an inspection please contact John Mowling on 08 8552 1944 or 0407 311 976 RLA47423