21 and 23 Lurline Avenue, Gilles Plains, SA 5086

An opportunity exists to purchase both 21 and 23 Lurline Avenue Gilles Plains as a whole.

Both properties measure at 18.28m frontage x 49.95m depth ? 913sqm each (approx), providing a total land area ripe for re-development (stcc) of 1826sqm (approx) with a total frontage of 36.56m (approx).

Both properties have existing dwellings on them and both are currently tenanted.

21 Lurline Avenue is currently tenanted at $900 a month on a periodic lease with 60 days notice required to vacate the tenants.

23 Lurline Avenue is currently tenanted at $300 a week until October 2015.

Both of the properties are situated in the Port Adelaide Enfield council area.

There are several possible options for the redevelopment (stcc), and we can provide you with concept plans of these upon request.

The current vendor had plans to develop the site (council approval was obtained, however this has now lapsed and a new application would need to be submitted) but now resides interstate and is selling the properties together as a whole. So this is a rare and exciting opportunity for a smart developer to profit from.

NOTE: The plans we can provide are concept plans only and approval has lapsed and would need to be re submitted to council for approval.
As Gilles Plains most active real estate agents, we can guide you with a recent sales list upon request and we know prices in the area better than anyone! If you want appraisals on the potential new dwellings, just ask.

Make sure you act fast, as the vendor no longer has use for the properties and has instructed us to get them sold. This is a rare opportunity and one you don?t want to miss.