8 Glengyle Avenue, Modbury, SA 5092

Sited on a massive 930sqm near level allotment with wide 18.2 meter frontage set in Policy Area 11 is this 1965 constructed, brick veneer home. This is a great urban renewal opportunity for the wise developer or home renovator look to hold for the future. The allotment offers various sub-division possibilities, with possibilities of 4 homes on the site (STCC), enhanced by a wave of gentrification in the local area.

The existing home in is sound and fair condition with timber floors flowing throughout. Updated plantation shutters add sophistication to the main windows. A 3 bedroom, lounge, eat-in kitchen bath, toilet and laundry configuration provides a functional living space with scope to upgrade and repair. Ducted evaporative air conditioning and solar hot water are a bonus.

An in-ground near finished swimming pool of 7m x 5m is dwarfed by the enormity of the land holding, which represents the real purchase value of this offering.

Get creative and do the math, an opportunity to purchase, sub-divide and develop awaits!

Briefly:
* 930sqm allotment (approx.)
* Wide street frontage of 18.2 meters (approx.)
* Policy Area 11 zoning
* Great opportunity to sub-divide and develop
* Rectangular, near level allotment
* Brick veneer home
* 1965 construction with scope to renovate
* Current home of 3 bedrooms, lounge and kitchen
* Plantation shutters to main windows
* Ducted evaporative air conditioning
* Solar hot water service
* Dis used swimming pool, 7m x 5m
* Large rain water tank
* Genuine urban renewal opportunity

Perfectly located in a quiet street and within easy reach of desirable amenities. Modbury High School is a short walk away at the end of the street along with other local schools including Ardtomish Primary School and Modbury South Primary along with Torrens Valley Christian School, The Heights School, East Para Primary, Redwood Park Primary and Modbury West School. The Hope Valley Child Care Centre and St Agnes Preschool are also in the local area with TAFE SA Tea Tree Gully. World class shopping facilities can be found at Westfield Tea Tree Plaza within easy walking distance. Public transport is nearby on Reservoir Road and the Tea Tree Plaza Interchange, providing an express service to the city. There are bountiful parks and reserves in the local area idea for your sport and recreation.

A great opportunity to invest, divide and succeed!

Property Details:
Council | Tea Tree Gully
Zone | R 11 - Residential Growth
Land | 930sqm
House | 136sqm
Coucil Rates | TBC
Water | TBC
ESL | TBC