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Corner of Glengyle Avenue and Loch Lomond Drive, Modbury SA 5092

Sold for $1,750,000 on 17 April 2018

  • 3320m2
  • 3
  • 1

Once in a Lifetime Opportunity!

A combined corner location of 3,320sqm (approximately) is on offer in the Residential Growth Policy Area 11 of Modbury for the astute Investor/Developer/Builder!

Arguably the most significant development opportunity to become available within the new R11 Policy Area in the City of Tea Tree Gully.

These 4 properties are on individual Titles and offers can be made to purchase one, two, three or all four allotments:

- 2 Glengyle Avenue, Modbury - 740sqm (approximately)
- 4 Glengyle Avenue, Modbury - 950sqm (approximately)
- 27 Loch Lomond Drive, Modbury - 790sqm (approximately)
- 29 Loch Lomond Drive, Modbury - 740sqm (approximately)

Located only 20 minutes (approximately) to the city via the O'Bahn and only a short walk to all the shopping and entertainment that Tea Tree Plaza has to offer. In close proximity to the Modbury Hospital, restaurants and a variety of childcare, public and private primary and high schools.

2 Glengyle Avenue, Modbury - Periodic lease - $330 per week
4 Glengyle Avenue, Modbury - Fixed lease until July 2018 - $330 per week
27 Loch Lomond Drive, Modbury - Periodic lease - $400 per week - will be vacant on 25th June 2018
29 Loch Lomond Drive, Modbury - Periodic lease - $300 per week - will be vacant on 25th June 2018

Please email for information memorandum.

For further information please contact Annamaria Varelias on 0487 487 383 or 8269 7711 (office).

All development subject to council consent.

RLA 200591

If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. LJ Hooker does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govternment authority. Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. Development is subject to all necessary council consents.