Calling all Developers, Builders, and Visionaries!
Presenting an outstanding redevelopment opportunity at 6 Dunbar Street, Davoren Park. This expansive property spans a generous 680m² (approx.) allotment, free from encumbrances, offering an exceptional chance to shape the future of this versatile site. The freestanding structure provides a level of flexibility rarely afforded by attached properties, opening the door to innovative redevelopment or enhancement options tailored to meet modern standards (subject to council consents).
Whether you’re considering redevelopment, renovation to increase rental yields, or simply holding it for future appreciation, the opportunities here are substantial.
Please be aware this property has a HIA (Housing Industry Association) order. Further information can be obtained in the Form 1 Statement upon request.
The property is currently tenanted on a periodic lease, offering great flexibility for potential buyers. Due to the HIA order, the rent is currently controlled at $180.00 per week. However, post-renovation and once the HIA has approved the necessary updates, there is substantial opportunity to increase the rental income significantly.
If you have a flair for transformation and the vision to unlock potential, this is the project for you. Builders, investors, and visionaries alike will find this a rare opportunity to secure an asset with both immediate potential and promising future returns. Don’t miss your chance to explore the possibilities today.
Only a short drive to the shopping complex of Playford Alive including Woolworths, Adventure Park, Playford Family Medical and all the eateries on Curtis Road. Spoilt for choice, you are also only just minutes from Munno Para Shopping Centre while the John Hartley School and public transport is just around the corner on Davoren Road for absolute convenience.
The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public - (A) at our office located at 78-80 North East Road, Walkerville for at least 3 consecutive business days immediately preceding the auction; and (B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.
All information contained herewith, including but not limited to the general property description, price and the address, is provided to Boffo Real Estate by third parties. We have obtained this information from sources we believe to be reliable; however, we have not verified and do not guarantee its accuracy. The information contained should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
Looking to purchase this property as an investment? Speak to our Property Management team to see how we can assist.
RLA 313174
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