Sold

VERSATILE OPPORTUNITY! INVEST OR RE-DEVELOP...

Take advantage of this versatile opportunity to purchase a modest 1960’s-built home set on a generous block boasting approximately 697sqm of valuable land.

Offering three bedrooms, generous lounge, good sized kitchen with dining room adjacent. The bathroom and laundry provide the basic amenities required to suit any occupant with minor upgrades seen over the years. The solid brick construction and polished timber floors create the perfect invitation to further improve the property which would most certainly increase capital value.

The property is located in a very popular part of the North Eastern suburbs conveniently close to Tea Tree Plaza, public transport and a short distance to local walking trails.

Alternatively, you have the lucrative opportunity to subdivide (SCC) and capitalize on the expanding Adelaide Real Estate market. With an 18.3m frontage, no easements and 38.1m of depth, a sub-division can be a wise investment for re-sale or development purposes.

Currently generating $330 per week until April 2022 and occupied by a very good tenant which would suit the astute investor.

For more information, please phone Mark Bailey on 0412 085 124 or Enes Mulalic on 0417 892 186.

 

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.

3 1 1 697 m2
Address 15 Alawa Ave, Modbury North
Price SOLD for $470,000
Property Type Residential
Property ID 1328
Category House
Land Area 697 m2
Floor Area 93 m2

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Agent Details

Mark Bailey photo

Mark Bailey

0412 085 124
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Dan Vanin photo

Dan Vanin

0417 373 719
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