Land, Location & Future Potential on Chiselbury Road
Set on a generous allotment of approximately 783sqm, this Chiselbury Road property presents an opportunity for buyers who recognise the value of land and the potential to add value in an established area of Elizabeth Vale.
Built in 1962, the existing home offers three bedrooms and original floorboards. The property is in need of some modernisation, making it an option for buyers looking to renovate, invest or explore the possibilities offered by the sizeable allotment.
With development activity taking place throughout the surrounding area, the land is a key feature here. Investors, renovators and developers may see an opportunity to make the most of the 783sqm (approx.) site, whether by improving the existing home or investigating future development options. (subject to all necessary approvals).
The property includes evaporative cooling, a water tank, a fully fenced backyard and a handy shed. With a spacious 783sqm (approx.) allotment, there is plenty of room to enjoy the existing backyard while considering the property's future potential.
Located close to local schools, parks, shopping facilities and public transport, the property offers an established location with scope to add value.
Currently tenanted at $460 per week until May 2027, the property provides rental income for investors from day one, while offering the opportunity to explore its future potential.
All information displayed has been supplied to Boffo Real Estate by third parties. While considered reliable, its accuracy has not been verified, is not guaranteed and no liability is accepted for any errors or omissions. Interested parties must undertake their own investigations or enquiries and not rely on any warranty, representation or assurance from the Vendor or its Agent in respect of the land or any improvements.
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.
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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