31 Claines Ave, Morphettville, SA 5043

WOW ... CHECK OUT THE LAND DEVELOPMENT OPTIONS!!

Hang on a minute!! Land development?? What's this all about?? THIS IS A MAISONETTE .... how can you develop here??

Yes, I'm sure these are your immediate thoughts, but exciting news ... THIS ONE HAS A VERY UNIQUE DIFFERENCE!!


Yes it's attached to another maisonette but both dwellings are 'Torrens Title' and early research with Council has determined there are possibilities this maisonette could be demolished (subject to necessary council consents and engineering reports). There has been evidence of this option being often taken up elsewhere in the district, giving remarkable transformations.


Going on the last few land sales around here, this is priced at near land value, giving you a HUGE BONUS of a 'free house' with the current tenant happy to stay on, giving you continuous income!


This 1950's 2BR maisonette has been home to many families over the years, it's been updated in parts to make comfortable & is now currently rented to a fabulous tenant for $255pw on a fixed lease till December 2013, however, as mentioned, she would dearly love to stay on!.


However, by demolishing this dwelling down the track, you will have a clear 484m2 allotment with 12m frontage ready for your new detached home with double garage (STCC).
The whole area is going through a renewal and redevelopment project with lots of new homes and development already evident. This pocket is becoming HOT property!!


Situated only 500 metres from local shops including new IGA, Post Office, great Chicken shop, Thai Takeaway, Morphett Arms and only minutes from Glenelg shopping or Westfield Marion. The bus to everything is at the end of the street and it's only a brisk 15min walk to the tram. The location is most convenient!


Okay, now that I've given you insight into the various options, I'm sure you can appreciate the value and potential!


So come & see what you think, but now that I've tabled such a valuable land option, I'm guessing the enquiry will be strong, so make sure you register your interest with me sooner than later.

Open by appt, call for times now!!