Adapt and improve the existing home, gardens and shedding or subject to consents, consider a diverse range of development options ranging from residential to commercial.
Echoes of the 1960's resonates throughout the six spacious rooms of this fine triple fronted home with its handsome limestone façade.
Currently comprised as three excellent bedrooms, renovated kitchen/dining, large adjacent formal living room, an 11-metre-long rumpus room, separate laundry, wc and a brilliant original terrazzo floored bathroom.
This admirable home is beautifully surrounded by the well-established gardens with extensive veranda sheltered and tree shaded patio areas ideal for relaxing and entertaining.
For those who appreciate secure vehicle parking and storage you'll find three excellent iron shed/workshops, and other improvements totalling approximately 164sqm, which in combination enhance the overall value proposition.
While the existing improvements have merit and deserve to be retained and improved, the excellent location, generous land size, the advantages of two existing titles and its 44.5-meter-wide frontage, draw your attention to the possibilities of alternative uses:
Subject to necessary statutory consents these may include land division, a community title development, and the possibility of high a exposure commercial development. For the astute investor these all deserve investigation and represent a fantastic and increasingly rare opportunity to capitalise and profit. If you're looking to 'land bank' for development down the track, the existing potential rental income will assist you greatly or why not choose to sell the surplus title and retain the other.
All this world of opportunity is located vey near the town centre of Salisbury, its transport hub, commuter rail and bus options, schools etc.
Our client's high motivation to sell is reflected in the chosen method of sale (auction) and a modest price statement of $770,000.
Contact the agent to obtain titles, make your investigations early and put this one at the top of your list as one of the best opportunities to come onto the market for some time.
Adapt and improve the existing home, gardens and shedding or subject to consents, consider a diverse range of development options ranging from residential to commercial.
Echoes of the 1960's resonates throughout the six spacious rooms of this fine triple fronted home with its handsome limestone façade.
Currently comprised as three excellent bedrooms, renovated kitchen/dining, large adjacent formal living room, an 11-metre-long rumpus room, separate laundry, wc and a brilliant original terrazzo floored bathroom.
This admirable home is beautifully surrounded by the well-established gardens with extensive veranda sheltered and tree shaded patio areas ideal for relaxing and entertaining.
For those who appreciate secure vehicle parking and storage you'll find three excellent iron shed/workshops, and other improvements totalling approximately 164sqm, which in combination enhance the overall value proposition.
While the existing improvements have merit and deserve to be retained and improved, the excellent location, generous land size, the advantages of two existing titles and its 44.5-meter-wide frontage, draw your attention to the possibilities of alternative uses:
Subject to necessary statutory consents these may include land division, a community title development, and the possibility of high a exposure commercial development. For the astute investor these all deserve investigation and represent a fantastic and increasingly rare opportunity to capitalise and profit. If you're looking to 'land bank' for development down the track, the existing potential rental income will assist you greatly or why not choose to sell the surplus title and retain the other.
All this world of opportunity is located vey near the town centre of Salisbury, its transport hub, commuter rail and bus options, schools etc.
Our client's high motivation to sell is reflected in the chosen method of sale (auction) and a modest price statement of $770,000.
Contact the agent to obtain titles, make your investigations early and put this one at the top of your list as one of the best opportunities to come onto the market for some time.