DESCRIPTION
This is an outstanding opportunity to acquire this development opportunity with income in the heart of Brompton. For the investors, the property is currently utilised as a fitness studio with an excellent rental return. For the developers, Planning Approval is available for three two storey dwellings.
Excellent location only 4 kms from the city, and surrounded by local amenities on South Road and Port Road.
It could be Brunswick in inner-city Melbourne. Yet only this historic city fringe Brompton location brings you leafy reserves at regular intervals, Plant4 in your peripherals, lattes from The Loose Caboose, and the wine and dine cool crowd piling into Oddio, R!ot Wine Co, and Pizza Meccanica.
Key features:
- Torrens Titled
- Corner allotment with three street access
- Land is currently leased on a commercial basis
- Land size 366sqm (approx.)
- Planning Approval exists for three two story dwellings
- City of Charles Sturt
- Established Neighbourhood Zoning
- Adelaide or Adelaide Botanic High School
Block sizes and dimensions are approximates, all development opportunities are subject to authority conditions & consents. Independent research and advise should be conducted.
All information provided including, but not limited to, the property's land size, floorplan, floor size, building age and general property description has been obtained from sources deemed reliable. However, the agent and the vendor cannot guarantee the information is accurate and the agent, and the vendor, does not accept any liability for any errors or oversights. Interested parties should make their own independent enquiries and obtain their own advice regarding the property. Should this property be scheduled for Auction, the Vendor's Statement will be available for perusal by members of the public 3 business days prior to the Auction at the
Show Address, Torrensville and for 30 minutes prior to the Auction at the place which the Auction will be conducted. RLA 242629