25 Old Belair Road MITCHAM SA 5062
Under Contract

DESCRIPTION

Auction Location: on site.

"Under Instructions from the Power of Attorney"

Rare corner site and ripe for cutting edge development (STCC).

Build on an interesting history here! The current 1960s solid brick home has been vacant for some time and during this period has unwittingly become somewhat of an icon and "decorated" with an eclectic range of graffiti designs. However, see the potential here on a seldom found corner site of 1,249sqm (approx) foothills land in magnificent Mitcham.

The 3-4 bedroom, 2 bathroom split level home is substantial in size but derelict in condition and would require either a very courageous and creative repair/renovation, or complete demolition.

Take inspiration from neighbouring new home builds, fit in with the brilliant surrounds on an elevated site enjoying city views and create a grand family home on an expansive corner block with room for an inground pool, gardens and easy access to your big double garage (subject to Council consents).

Alternatively, take advantage of the flexible second frontage and build the next state-of-the-art dual occupancy development and enjoy a rewarding return on your investment.

Situated next door to the Barr Reserve, just down the road from beautiful Mitcham Reserve and Sutton Gardens, only a 4 minute commute to the cinemas, cafes and great shopping at Mitcham Square Shopping Centre, within close proximity to the ground-breaking Pasadena Foodland, this site is also conveniently surrounded by highly regarded schools and colleges (Scotch College, Mercedes, Mitcham Primary and Unley High).

Enjoy the benefits of a north facing aspect, soak up the day long sunshine and create your own iconic showpiece! This site is now ready to play host to the next cutting edge development (STCC).

"Bring this land back to life!"

Auction Friday 26th March at 12:30pm on site. Please note this property will be going to auction, as per instructions. CONTRACTED AT AUCTION

OFFER FORM LINK
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The Vendor nor Agent give any warranty or guarantees. Please note the purchaser buys the property on an as is where is basis. We always advise to make your enquiries in all things.

CT: 5448/423
Council: Mitcham
Council Rates: $1,784.00pa (approx)
Water Rates: $191.60pq (approx)
Land Size: 1,249sqm (approx)

We welcome you to contact Andrew Welch to arrange a private viewing. Our office has implemented precautionary measures for the safety of our Vendors, you and our agents. Open inspections follow the relevant social distancing and capacity guidelines. We appreciate your patience and understanding.

LJ Hooker Kensington | Unley provide a service called Auction Pay which allows you to pay your deposit online, on the spot at Auction, rather than having the hassle of arranging payment by cheque. Please contact Andrew Welch to find out more about this service.

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

RLA 275279