3 Stewart Street, South Brighton, SA 5048

A commanding and elevated position with potential views down the coast to Glenelg and beyond.

This 1950’s timber framed residence is currently let on a periodic tenancy at $320pw, but the value is in the land. A large corner allotment of around 860sqm it can be subdivided to provide North/South or East/West orientation (subject to the normal consents).

There are lots of options here. Demolish, divide and sell the land, build one to live in and sell the other, single or double storey, or just buy and hold. Add it to your land bank.
The improvements include a 4 bedroom home in need of a little TLC plus a huge high quality tradesman garage (9x6m) with a high clearance roller door. The possibilities are endless.

Council: City of Holdfast Bay
Council Rates: $1018.90 pa
SA Water Rates: $187.30 pq
Land Size: 860 sqm approx
House Size: 115 sqm approx
Frontage: 28m approx