170 Ridley Grove, Ferryden Park, SA 5010
Sold: $420,000 (05-30-2011)- hotel 3
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Enjoying a prime corner location, this large, level allotment of approximately 994sqm offers a rare and exciting investment/development opportunity with the potential to divide into 3 separate allotments or perhaps even 4 grouped dwellings, subject to council consent.
Whether your vision is to live in and reap the rewards later, build that ultimate family dream home, with room for a swimming pool and tennis court or perhaps divide and build a number of new properties, an enticing range of possibilities is available.
The original well presented timber framed family home built in 1957 has been held by the current owner for a number of years. Disposed as 3 bedrooms, lounge, kitchen/meals, laundry, updated bathroom, separate toilet and garage this property offers 93sqm of comfortable accommodation surrounded by huge gardens. With the potential to see a fantastic return to offset any holding costs during the planning and building consents period.
Zoned R/44 Residential Comprehensive Development and boasting a superb 23.6m street frontage to Ridley Grove and 23.6m to Trafford Road, Port Adelaide Enfield Council advises redevelopment potential.
Easily accessible to the CBD, close to excellent schools, TAFE, transport, shopping and fantastic reserves 170 Ridley Grove presents an attractive proposition for development in the highly sought after suburb of Ferryden Park.