9 Barnes Avenue, Marleston, SA 5033

A rare, positively cash-flowed property with plans for an additional two townhouses (buy now and save thousands!)

$495,000 - $525,000 before planning approval
$525,000 - $545,000 after planning approval is granted.

With plans to keep the existing house and its potential positive cash flow whilst building 2 x two storey town houses at the rear of the block already drawn and now has planning approval, this incredibly positioned property represents a unique and rare opportunity for the investor, owner builder, aspiring developer or young couple/family wanting to get ahead in life.

Location Location Location

Location - Under 5km's to Adelaide's cbd, central market, entertainment and universities.
Location -?? Close to public transport, local shops,
doctors, dentist, police, service station,
schools etc.
Location -?? Short drive to Adelaide airport and
beautiful Adelaide beaches

Potential Potential Potential

Potential - Massive allotment of 15.54m x 61.44m
= 954m2
Potential -?? Up to $690pw rental with exceptional
cash flow
Potential - Planning consent granted for 2
additional townhouses at rear of the
block (S.T.C.C)

This Return Verandah Character Bungalow has it's own charm and stand-alone represents terrific buying. However, the true value of the property is it's location and potential.

Adelaide is considered one of the most liveable cities in the world. Marleston is ideally located with stunning new houses popping up everywhere and those wanting to avoid rising petrol costs and secure a rare piece of land close to the CBD, beaches, Adelaide markets, exceptional schools, shops, cafes and the jet-setter lifestyle should seriously seize this opportunity.

For the current owners it's time to pass on the baton. Having initially here themselves, they have now moved on but not before laying the foundations for the next owner to take advantage of the full potential of this wonderful property.

We would love to show you through and discuss this property with you.

Feel free to contact us to arrange an inspection.

Simon Tanner