Sold
House

8 Daniel Street Elizabeth Park, SA 5113

Sold for $130,000 on 12 Apr 2018
  • 3 Beds
  • 1 Bath
Agents

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House in Elizabeth Park

Instant Returns with Plenty of Potential - Part 1!

  • 3 Beds
  • 1 Bath

Come one, come all and you will find this incredible opportunity to purchase one or BOTH semi detached homes, both on fixed leases for instant returns. Very rarely does the chance to purchase two adjoining semi's on over 1,000sqms of land with an easement only for Party Wall Rights come on the market providing amazing subdivision potential (STCC).

Currently tenanted on a fixed lease until 01/02/2018 for $185 per week for instant rental returns!

Built in 1960, this home features 3 good sized bedrooms, separate lounge, open plan kitchen and meals area for comfortable living and entertaining. The lounge features a wall unit air conditioner to appeal to a great range of tenants while a separate bathroom toilet and laundry at the rear completes this home.

Developers act fast to secure this great asset for the perfect project, offering instant income and a profitable divine development opportunity.

With 531sqm of land on 8 Daniel, the adjoining property at 10 Daniel Street boasts 528sqm for a combined land size of 1,059sqm (approx) on a rectangular allotment with a combined frontage of 23.16m total. Furthermore, the land is level and ripe for redevelopment (STCC). You can keep the existing duplex for instant rental returns or demolish and redevelop (STCC) the choice is yours.

Please find further information regarding the proposed plan below:
https://www.sa.gov.au/topics/planning-and-property/development-plans/greater-metropolitan-adelaide-development-plans/playford-council-development-plan
- Residential Zone (Pages 287 - 291)
- Residential Development (Pages 90 - 100)
- Land Division (Pages 58 - 63)

This premier investment opportunity offers unbeatable price, position and potential, ideally located close to the new CBD, Stretton Centre, Elizabeth Shopping Centre, New Tennis Centre and the Sports Precinct for exceptional rental appeal. Such a stand out investment, this home is a developer's dream where you can subdivide and conquer the market or the perfect pick for a landlord's portfolio, primed with possibilities. So do the numbers and put in an offer fast before it's gone forever.

For more information, call Mike Lao now on 0410 390 250.

Council /City of Playford
Built / 1960
Land / 531sqm (approx)
Internal / 79.9sqm (approx)
Currently rented at / $185pw fixed until 01/02/2018

Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment! Call Mike Lao now on 0410 390 250.
http://raywhitesalisbury.com.au/sell/property-appraisal/

Specialists in: Andrews Farm, Angle Vale, Blakeview, Burton, Craigmore, Davoren Park, Elizabeth, Gawler, Golden Grove, Greenwith, Gulfview Heights, Hillbank, Ingle Farm, Mawson Lakes, Modbury Heights, Munno Para West, One Tree Hill, Parafield Gardens, Para Hills, Para Hills West, Paralowie, Pooraka, Salisbury, Salisbury East, Salisbury North, Salisbury Plain, Salisbury Park, Salisbury Heights, Smithfield, Walkley Heights, Wynn Vale.

Ray White Salisbury, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.

Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.

Features:
  • Air Conditioning
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Formal Lounge
  • Secure Parking
Building:

79.9m²

Bedrooms:

3

Bathrooms:

1

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Suburb

Elizabeth Park

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