UNDER CONTRACT

A large parcel of Flinders Park land becomes available to purchase by a smart investor.

Development plan consent granted for 3 substantial two storey dwellings each with 3 bedrooms, 3 living rooms and 2.5 bathrooms. Development and subdivision conditions apply.

The existing two bedroom bungalow is best described as modest. Home owners with renovation motivation may consider taking on a “The Block” type of project with classic Adelaide architecture as an appealing starting point.

Future owners children or grandchildren will love the recently developed park opposite this allotment with as new playground, tennis and basketball courts and barbeque facilities. Perfect for family gatherings.

Location is ideal being situated between the city and the coast. The 5km commute to the CBD is easy via bus stops on nearby Grange Rd.

The home is currently tenanted until March 2017 providing important cash flow while you obtain final approvals.

A property well suited to both experienced and first time developers with the approval process underway. First home buyers searching for a blank canvas project on a large allotment of 902 m2 approx. will also be keen to inspect.