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125-127 Churchill Road, Prospect SA 5082

Sold for $1,600,000 on 26 February 2024

  • 668m2
  • 1
  • 1
  • 1

Prime Potential for Development (STCC) in the Urban Corridor Zone!

The property will be EXEMPT from Stamp Duty and GST will not be applicable.

Valuable corner allotment offering laneway access at the rear.

Located in a highly sought-after area, this property holds immense potential for development (subject to planning consents). The Urban Corridor Zoning designation offers flexibility for various multi level development opportunities, allowing you to explore the possibilities of expanding or upgrading the existing property. (Subject to planning consents)

This prime location boasts excellent connectivity to nearby amenities, including shopping centres, schools, parks, and public transportation options. The area's growing popularity and strong rental demand makes this an enticing prospect for astute buyers seeking solid returns and future growth potential.

Don't miss out on this outstanding opportunity.

Please note: All potential development opportunities and current/proposed uses are subject to all the relevant council and planning consents and all potential buyers should conduct their own due diligence regarding the same.

Disclaimer: Current floorplan could accommodate one bedroom. The bathroom refers to the toilets and wash facilities within the property. Carparking refers to the expansive carpark at the rear of the property.

Land Use: 2312 - Restaurant – Licensed
Local Government Description: Commercial Shop
Vacant Possession

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.

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.

RLA 313174

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