Price reduced to $385,000…
1960s home on a block of some 664sqm (approximately) with the potential to be developed into 3 row townhouses with council approval now granted…. all the hard work has been done providing you with substantial cost savings.
The existing dwelling is currently tenanted until February 2012 returning $280pw and providing an income while the approval process takes place.
Mitchell Park is a popular suburb with its proximity to major shopping and Flinders Uni and the hospital.
Newly built homes attract first homebuyers and investors, and Egan Crescent is a preferred location in Mitchell Park with Egan Reserve at the end of the street and Mitchell Park Reserve a minute’s stroll away. Westminster and Hamilton Colleges are within a stone’s throw making this address prime real estate.
Located within Marion Council, zoned Residential Medium Density Policy Area 12.
For more information or to arrange a time to view more detailed plans in our office, please contact Scott Robinson on 0412 775 449.