LJ Hooker St Peters, in conjunction with LJ Hooker Commercial Adelaide, are extremely proud to offer for sale by public Auction to be held on-site on the 21st of October at 2pm.
Built in 1956, the original residence which is currently zoned for 'Local Business' has been operating as 'John K Tailoring' for the past 20+ years. In 2003, with all necessary council consent and approvals, the 2 bedroom unit was added to the original home. Situated on a large allotment of 667m2*, this property offers great scope for renovation or redevelopment (STCC).
Ideally positioned in this tightly held, high profile location, 264a Magill Road presents an excellent opportunity to a business owner to operate their business at the front of the property whilst living in the rear 2 bedroom unit.
Just over 1km* to the cosmopolitan food, fashion and entertainment paradise of The Parade, Norwood and within 4km* of the CBD.
Do not miss this opportunity.
Residential Unit Features:
* Extension built in 2003 with Council Approval
* 2 generous sized bedrooms
* 2 bathrooms
* Modern open plan living and kitchen
* Storage shed/garage with room for 12 cars
* Excellent exposure to passing traffic
* Land Area: 667m2*
* Frontage: 15.51m*
* Depth: 43m*
* Building Area: 200m2
* Council: Burnside
* Zoning: Local Business
* Development Zone: Commercial
* Tenure Type: Vacant Possession
* Building: Whole
* Huge electricity savings: 20 x 5 kilowatt solar panels
Goods and Services Tax
The Owners are registered for GST therefore GST is payable on purchase.
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.
Contact Romualdo Cicchiello on 0412 710 348.
RLA 231015 / RLA 61345