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Attention Developers / Investors!! Land 1014 sqm approx!

25 Adelaide Street, Magill
$595k - $635k For Sale
Land
  • 1014 sq metres

Description

Quiet locatiion.

Exciting Opportunity to demolish and redevelop land to rebuild up to three houses - subject to necessary consents and approvals.

Land 15 m x 67.6 m.
Total land = 1014 sqm approx.

Note: Drawings available for viewing of three (3) proposed single story free-standing houses.
There is a written estimate for each house at $233k approx, including council planning, demolition, surveyor, architect, engineer, building, fences, paving and landscaping.

Existing house includes:
Three Bedrooms.
Sun Room.
Lounge.
Separate Kitchen.
Air-Conditioning.
Ceiling Fan.
Gas Heating.
Garage.

The property is currently let at $380 Per Week

The property is within walking distance to Magill Primary, Norwood Morialta and UNISA (Magill campus), restaurants, cafe's, shops and buses.

Rates:
Burnside Council: $924.45 Per Year 2010/11
SA Water: $172.05 Per Quarter
ESL: $95.20 Per Year