Land or project, mixed use CBD opportunity!

Price guide: $220,000 – $240,000

Expressions of interest with offers closing Thursday 2nd September 2010, at 5pm, unless sold prior.

Please contact Alex Ouwens or Martin Wylie for more details and see open times when posted below.

This one bedroom 1880 colonial cottage really is a ‘renovate or detonate’ residential or commercial opportunity. Land in mixed use zoning in this West End precinct does not come to the market very often; this property has been held by one family for many years and now must be sold to finalise an estate.

Extra benefits include:

* Real options: residential or commercial development (see below zoning description)
* Potential taxation benefits due to mixed usage (consult your accountant)

Take advantage of the rare land in this precinct and build new, or chose to take on a renovation project. Both choices come with the opportunity to add value at a bargain basement price.

NB: the house has been declared sub-standard under the Housing Improvement Act.

For up to 30 more photos of this property please go to our website. www.alexouwens.brockharcourts.com.au

This property is proudly marketed by Alexander Ouwens & Martin Wylie from Brock Harcourts Adelaide. Please call us on 0433 599 343 or email on mwylie@brockharcourts.com.au to arrange an inspection of this home, we will be very happy to provide additional information as required as well as local information on local schools, amenities and the lifestyle you can expect when you purchase your new property. Our experience from both living and working around the area is your key to obtaining the right advice needed to make your move or to purchase your investment

Alexander Ouwens & Martin Wylie, the CBD real estate team and your guarantors of quality service & premier marketing.

General Information:
C/T = LT X/29
Built = 1880
Land Area = 96sqm approx
Council = Adelaide
Zone Code = MU19 – Mixed Use West End Policy Area – providing for service industries, wholesaling, retailing, showroom, educational, medical, hospitality,
cultural and a diverse range of other commercial, residential and community uses
encouraging a supportive environment for creativity and business development.