A unique opportunity to purchase a Grand bungalow on a site area of 1,370sqm approx in sought after area of Payneham.

With approximately 1,370sqm of land with rear lane access off Rosella Street, this property can hold up to 4 brand new dwellings, subject to council approval.

The residence compromising of 3 bedrooms, polished timber floors, formal lounge and formal dining room,family room, reverse cycle air conditioning, gas heating, updated huge country style kitchen, separate laundry and second bathroom.

The property offers multiple uses including a granny flat with its own kitchen and entrance.

Lock up garage, undercover entertaining areas and storage sheds.

Without a doubt this property is a great investment and has much to offer with potential to subdivide (STCC).

Located in close proximity to private and public schools, shopping and dining precincts of Payneham, Norwood Parade and approx 10 minutes to Adelaide CBD.