Auction: Saturday 31st May 2014 @ 12:30pm.

Rebuild or Renovate on 836sqm with Northerly Rear.

Rare large land redevelopment opportunity in one of Magill’s best streets adjacent Young Park with leafy outlooks and Penfold Park plus Romalo Reserve also on your doorstep. The sundrenched North facing rear and 18.29m frontage of this ‘tree free’ allotment makes this an ideal site to build your large luxurious family home, or if you prefer, renovate the existing 50′s solid brick home of generous size disposed as 4 bedrooms, 2 living rooms, updated kitchen, ducted r/cycle a/con, carport and garage, currently tenanted to February 2015 @ $390 per week.

- One of Magill’s best streets with leafy outlooks and parks and reserves just steps away
- Several other impressive homes in the street under construction or major renovation
- Zoned for popular Magill Primary School and Norwood Morialta High School
- Very comfortable existing residence currently leased to great tenants, ideal whilst you have plans approved to build

House offers:
- 4 bedrooms 2 with robes
- Formal lounge with open fire plus separate dining area
- Northerly sundrenched family room and small study
- Updated kitchen with near new appliances including dishwasher
- Carport plus lock up garage
- Ducted reverse cycle air conditioning
- Excellent linen storage

This rare large land opportunity is just perfect for your brand new home in this popular leafy location just 10 minutes drive from the City and even closer to cosmopolitan Norwood Parade, Magill Road, Burnside Village and Marryatville Shopping Centres. Public transport is easily accessible too whilst some of Adelaide’s premier private and public educational facilities surround this foothills blue chip location.

Helpful info …

C/T Reference: 5274/736
Council: Burnside
Built: 1950 approx.
Land Size: 836sqm approx. with 18.29m frontage
Council Zoning: RR4 – Residential Area 4 Magill (Romalo)
Water/Sewer: $370.44 pq approx.
Council Rates: $1,028.70 pa approx.
ESLevy: $95.20 pa approx.

The Vendor’s Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.