Welcome to this extraordinary opportunity in the highly sought-after suburb of Highbury, widely considered to be the most desirable suburb in the Tea Tree Gully council zone. This remarkable property, situated on three separate titles with an impressively wide 63m frontage along Torrens Road, offers unparalleled potential and breath-taking views that will leave you in awe.
Prepare to be mesmerized by the stunning, panoramic views which can be enjoyed from all vantage points. The commanding, elevated setting overlooking the prestigious Highbury Dress Circle, boasts breath-taking views across the entire valley over Linear Park and Athelstone with the south-eastern hills beyond. You'll feel like you can reach out and almost touch Black Hill. And did we mention city views? The captivating views need to be seen in person to be truly appreciated.
This outstanding opportunity provides a multitude of development options and flexibility (STPC). In addition to previously approved plans for four luxury two-story homes, the possibilities include further subdivision to create up to seven allotments in a variety of configurations, commercial options, and renovation of the existing house which needs TLC but oozes potential (STPC).
As a bonus for developers, four water meters have already been connected saving you considerable time and cost.
2 Torrens Road - 359m2 (approx.)
2A-2B Torrens Road - 768m2 (approx.) - with existing house
2C Torrens Road - 384m2 (approx.)
For first home buyers purchasing either of the two vacant allotments (2 & 2C), you may be eligible for stamp duty relief on the land purchase and the First Home Owners Grant of up to $15,000 to build your new home (both subject to criteria), potentially saving you tens of thousands of dollars!
Don't miss this rare opportunity to secure a one-of-a-kind property in the heart of Highbury.
Whether you're an investor, developer, or looking for your dream home, this property offers unparalleled potential and an enviable lifestyle with easy access to amenities, schools, parks, and public transport.
For more information, contact Brijesh Mishra on 0430 140 905 or Monique Kingsada on 0402 041 637.
DISCLAIMER: We have in preparing this document using our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA 326547