39 Dewer Avenue, Ridgehaven, SA 5097

One of the most opportunistic properties on the market today offering some 1099sqm in valuable land to subdivide, build or renovate as a buy and hold strategy.

Regardless of your intentions, this offering allows you to buy at entry level and profit through out the property cycle to reap the rewards.
Developers know these opportunities don't come around often enough and will be excited to review the land title information, crunch their numbers and realise this is a golden egg waiting to hatch.

Renovators too know the benefits to refurbish areas such as the kitchen and bathroom to increase your capital immediately - it could be your asset rich strategy to build wealth through your property portfolio, providing a strong rental return of approx. $360 per week and where you can generate huge potential in future capital return.

You could simply rent the property out in the current condition, and review the status in a few years time - easy!

Be quick though and make no mistake, this 3 bedroom home built in 1963 will be snapped up quickly. Offering an abundance of features and benefits at an affordable price, the home is in a great location only 25 minutes from the city, close to shopping centres, public transport and many local schools in the area.

It offers huge surrounding land of 1099sqm and is low maintenance throughout with a secure carport and double garage that's also suitable for convenient storage. Open plan living area is ideal adjacent the functional kitchen, with ducted reverse cycle air conditioning to keep you comfortable year round. Separate rumpus room, sunroom and outdoor entertaining pergola as just some of the added bonuses.

If you've got the foresight to develop and subdivide (STCC), make old things new again or add a touch of modern flair with a creative hand, then this is your dream project to give yourself that extra-big return in your pocket at the end.

See you at the open inspection this weekend - bring your measuring tape to start your plans today.

Ct / 5660/444
Council / City of Tea Tree Gully
Zoning / R'13
Built / 1963
Land / 1099m2
Frontage / 18.29m
Internal / 128m2
Council rates / $pa
Water / $pq
Es Levy / $pa