1-3 George Street, Glenelg North, SA 5045

1-3 George Street, Glenelg North, SA 5045 8 Units - 2 Titles - 1 Owner

A once in a blue moon opportunity a stone's throw from Glenelg Marina.

This opportunity is perfect for those with a vision for property development and investment (STCC)

Key features:

? Location - Highly desirable suburb of Glenelg North

? Zoned urban neighbourhood

? Rental income approx $156,000 P.A

? Lot size - Approximately 1035m2 with approx 62m2 street frontage to George St

? 8 two-storey flats comprising of 6 - 1 bedroom units and 2 - 2 bedroom units

? 2 separate titles offered as a whole

? An exciting opportunity to renovate and customise each unit to modern standards or development potential(STCC)

Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.

RLA 322799

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Property Details:

Council | CITY OF HOLDFAST BAY

Zone | Urban Neighbourhood