25 Downtown Avenue, Salisbury North, SA 5108
Sold: $305,500 (11-03-2010)- hotel 6
- hot_tub 2
- directions_car 3
This delightful pair of masionettes is located in the heart of the Hawkesbury Park Development and is located on a prime allotment of 1,000 sqms of residential land and is surrounded by brand new villas.
Converted onto one title and into one dwelling, there is the potential for the astute and cunning investors to capitalise on this rare opportunity
Option 1: With minimal capital outlay, the potential exists to convert the maisonettes back into two separate dwellings and generate twice the income! This would require, amongst other things, the installation of a wall and a kitchen.
Option 2: With more investment, the potential exists to subdivide the property back into two separate titles by re-instating the services and this would again allow dual incomes as well as the flexibility of selling one of the maisonettes off to realise an immediate profit.
Options 3: With land in such high demand in the Hawkesbury Park Development, you can simply demolish, subdivide and rebuild (subject to council consent) Allow your imagination and creativity to run wild with 1,000sqms of prime land.
With so many options, this opportunity can't be missed! Pick one of the options or even do all three as your wealth, equity and time will allow!
This property is going to Auction on Friday 12th November 2010 at 12noon unless sold prior.
A copy of a recent building inspection report is also available upon request but it is still recommended that you perform your own independent enquiries as this is not to be relied upon.
For further information, please contact Mike Lao on 0410 390 250.
MAKE NO MISTAKE, THE PROPERTY HAS TO SELL!! NO IFS AND BUTS, THE PROPERTY MUST GO!!!
Other features: Polished floorboards, ducted evaporative cooling, gas hot water and cooking, large garage