Property ID: 6899117
139 Morphett Road Morphettville SA
Inner Metro Development Site
Anthony Fonovic and Tim Morris Real Estate are excited to present this rare opportunity to secure an incredible parcel of prime land situated in an ultra-convenient location of Morphettville only 8.6km to the city and 2.8km to the beach.
Presenting with a 20.42m (approx) frontage and 38.1m (approx) depth, this 778m2 (approx) allotment zoned Housing Diversity Neighbourhood (Z2404) is extremely rare and will suit a multitude of residential and non-residential developments (subject to Planning Consent).
Opportunities to obtain a large landholding of this size in such a prime location don't come up very often so don't delay.
The old residence built on this block in 1955 is almost uninhabitable and in need of demolition but is still generating a rental return of $350 per week ($18,200 per annum). So, while you're finalising your approvals the rental income can assist with reducing your holding costs.
This opportunity is scheduled to be auctioned at 4.30pm on Saturday 26 March 2022 (unless sold prior) so call Anthony Fonovic now on 0411 513 352 or email anthony@timmorrisre.com for further details.
Specifications:-
CT: 5409/198
Council: City Of Marion
Zoning: Housing Diversity Neighbourhood (Z2404) - HDN
Frontage: 20.42m (approx)
Depth: 38.1m (approx)
Land Size: 778m2 (approx)
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.
RLA 274675
Presenting with a 20.42m (approx) frontage and 38.1m (approx) depth, this 778m2 (approx) allotment zoned Housing Diversity Neighbourhood (Z2404) is extremely rare and will suit a multitude of residential and non-residential developments (subject to Planning Consent).
Opportunities to obtain a large landholding of this size in such a prime location don't come up very often so don't delay.
The old residence built on this block in 1955 is almost uninhabitable and in need of demolition but is still generating a rental return of $350 per week ($18,200 per annum). So, while you're finalising your approvals the rental income can assist with reducing your holding costs.
This opportunity is scheduled to be auctioned at 4.30pm on Saturday 26 March 2022 (unless sold prior) so call Anthony Fonovic now on 0411 513 352 or email anthony@timmorrisre.com for further details.
Specifications:-
CT: 5409/198
Council: City Of Marion
Zoning: Housing Diversity Neighbourhood (Z2404) - HDN
Frontage: 20.42m (approx)
Depth: 38.1m (approx)
Land Size: 778m2 (approx)
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.
RLA 274675
Features
- Close to Schools
- Close to Shops
- Close to Transport
