380 Morphett Road Warradale, SA

SOLD by Peter Hurcombe. Thinking of Selling? Call Peter Hurcombe 0402 084 910.

Where can you find a land holding of this proportion in inner metropolitan Adelaide. Never before released and held for over 40 years with the same family, this is an opportunity not likely to be available for some time into the future. You could drive pass this every day and never know its location, such is its private position in this ultra popular pocket of Warradale.

Offering approx 1 acre of land in the old terms and featuring 2 street access, it lends itself to a myriad of options and would suit Retirement Village operators, developers, investors, speculators, house & land packages. Set up a quality gated community for the future. Zoned Residential Northern Policy Area 13 with the City of Marion and currently comprising 6, 2 bedroom units on a portion of this land, returning approximately $70,000 per annum. Use this income to assist with cash flow why you plan the "big picture". The following developments under this policy area are envisaged to include affordable housing, detached, group, residential flat, row, semi-detached or supported accommodation. All developments would be subject to normal council consents.

If you are not aware of what's currently on offer with this position, then be prepared to be impressed. This pocket of Warradale is close to a major rejuvenation of the whole area with the following activity happening, world class SA Aquatic and Leisure Centre, recently completed, Oaklands Park Railway Station upgraded with electric rail planned in the future, the Warradale Hotel, currently being extensively renovated, Domain multi-level Medical Centre just completed and Westfield Marion Shopping Centre, all within 5 - 10 minutes walk. Add a Coles supermarket close by as well as Flinders Medical Centre, Glenelg, the beach, Airport, bus transport and a host of recreational facilities a little further and this gives you a hub of facilities you will be hard pressed to better. If its land you are after then don't miss an opportunity like this. A really special offering.

For further information please contact Peter Hurcombe 0402 084 910.

Visit www.glenelgpropertyguide.com.au to view other LJ Hooker Glenelg listings.
RLA 182909

RLA 182909