1 Brinkworth Street, South Plympton, SA 5038

1 Brinkworth Street, South Plympton, SA 5038 Cashflow Or Development Potential, Multi-Generational Family Living, Dual Occupancy Investment

Fabulous investment opportunity for the rooming house operator, the student rental investor. The savvy investor would take advantage of the dual-occupancy rental potential to minimise the time and management efforts while taking advantage of the combined yields that this strategy affords.

The potential of 5 to 6 bedrooms, 3 bathrooms along with dual driveways and plenty of off-street parking provides several strategies to decide on as an investor or for the multi-generational family seeking a home that will provide a flexible option for their needs.

Buy now, get plans approved, obtain the Planning Consent & develop later - Subject to Consents (S.T.C.C) - enjoy cashflow whilst your future development plans are drawn up and approvals are sought, and the location continues to ensure long term capital growth.

Superb location for University Students with Tram Stop 9 South Plympton at the end of the street along with bus stop 182 at the southern end of Brinkworth Street on Cross Road.

The ample 20 Metre frontage provides scope for the developer to take advantage of the overall site size of 752 SQM and maximise the potential afforded by this blue chip inner western suburb. Offering proximity to the tram, the city and public transport to Glenelg to the West and through to Hindmarsh via Adelaide with a great choice of schools, shopping and services South Plympton is a strong performer.

A highly sought after suburb by those buying a family home or those folk downsizing; any future new developments at 1 Brinkworth Street would be very well received.

Property Details:

Certificate of Title: 5514 / 747

Zoning: GN General Neighbourhood

Council: City of Marion

Council Rates: $2,393 PA

SA Water Rates: $78.60 PQ

Sewer Rates: $146.17 PQ

ESL: $186.10 PA

Year Built: 1956

Frontage: 20M approximately

Site Size: 752SQM approximately

Mary Marchesan 0412617610 Kevin Radloff 0432375216 - Jump Property RLA 260752

Disclaimer: Neither the Agent nor the Vendor accepts any liability for any error or omission in this advertisement. Whilst ever care has been taken to verify facts and data, we rely also on 3rd party input and information. Please make your own investigations into the zoning and suitability of this property prior to purchasing.