***Regarding price. The property is being offered to the market by way of Auction. The vendors are not releasing a price guide to the market. The agent is not able to guide or influence the market in terms of price instead providing recent sales data for the area which is available upon request via email or at the open inspection***
Nick Psarros and Penny Papazis of Ray White Port Adelaide are pleased to present to the market this outstanding opportunity to secure this iconic Port Adelaide warehouse built in the 1930's on 530m2 approx. allotment with two street frontages offering a myriad of opportunity for the next owner.
The property can function as two separate residences or a single residence with commercial use from the other street frontage. Previously utilised as an art gallery on the upper level with artists studios on the lower level. Currently rated commercial with planning approvals to convert to residential use.
The current owners were in the process of developing an innovative "Loft Style" home with three large bedrooms, two bathrooms and a huge elevated open living area. There are two under cover carparks and extensive courtyard areas with the Todd Street frontage showcasing an intergenerational 8 bedroom dwelling with two kitchens/dining and living rooms, two bathrooms and two undercover car parks. Completely rewired with the ability to have 2 separate meters, all new gas connections plumbed throughout, allowing flexibility for the use of 2 separate dwellings, 6 gas outlets for up to 4 kitchens, hot water systems and multiple gas heaters and outdoor terrace BBQ's.
The property is on a single title but has been set up with separate services (water, gas and electricity) for each residence providing an an exceptional opportunity for someone with flair and imagination to finish the development of this "landmark" property in the very "HEART" of Port Adelaide's character zone.
Contact Nick Psarros for further details 0400 506 555.
The State Government's vision for Port Adelaide to become a 'living Port' is about revitalisation that celebrates the past and has hope and vision for the future. It will be a 'people place' and it is clearly shaping up to be a great place to live.
With Hart's Mill market now home to the Wild at Hart fresh food markets, LaneWay Festival, Heritage Building Works, Cycling and Walking Loop Path, the first residential release in the McLaren's Wharf Precinct and the State Government investing nearly $300m in projects now's the time to be a part of Port Adelaide's revival!
Specifications:
CT / 5688/417
Council / City of Port Adelaide Enfield
Zoning / UAC - Urban Activity Centre
Built / 1930's
Land / 530m2
Council Rates / $3,833.55pa
SA Water / $253.87pq
ES Levy / $348.05pa
"The vendor statement may be inspected at 129 Port Road, Queenstown for 3 consecutive days preceding the auction and at the auction for 30 minutes before it starts."
Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
