18 & 20 Verdale Avenue, Linden Park, SA 5065
Sold: $550,000 (03-24-2012)- hotel 5
- hot_tub 2
- directions_car 3
Or individually, 18 Verdale (house & land) 703 sqm, 20 Verdale (land only) 693 sqm.
Offers close Monday 26th March 2012 at 5pm
Options galore and a fantastic opportunity to turn a profit in this delightfully quiet and leafy Eastern suburbs location, close to Burnside Village's power house of fashion and top schools including Linden Park Primary and Seymour College; also strolling distance to beautiful Tregenza Oval.
Known locally as "The Big House on the Corner", the solid Art Deco home with a self-contained unit and garaging for three cars sits cleanly on one Title of 702m2, with frontages to both Verdale Avenue and Hood Street. Be warned, it needs some TLC, or you could demolish it and start afresh.
The lion's share of its gardens makes up the second separate Title of 693m2 with a 21.03m frontage to Verdale Avenue.
One option would be to throw a bit of money at the house - four double bedrooms, lounge, kitchen/dine, functional bathroom, laundry and separate toilet with jarrah floorboards under the carpets - and live in it or rent it out while you build on the second Title.
Or, demolish the lot and use both blocks to build your dream home with a pool and court. Burnside Council has also indicated subdivision potential for three new dwellings STCC.
Whichever way you choose to go, you'll thank your lucky stars that you grabbed this amazing opportunity - a money-spinner if ever we saw one!