Develop your dreams on a big block with a bright future near the CBD
If you are wondering what the future holds for this family home and the huge 789sqm block at its feet, then simply look next door…
Richmond is riding a worthy wave of growth, where first home buyers and investors alike are cashing in on its CBD proximity, big blocks and generous council regulations.
It’s why 9A Lane Street is now the proud host of a modern two storey home.
As for yours at number 11…well, it’s even better because, with council consent, this long block is primed for a hammerhead sub-division.
Thanks to the carport and rear drive-through access, your chances of keeping the existing 3-bedroom home and creating a title at the rear are pretty good (STCC).
And that means you have plenty of options…
You could sub-divide and sell both titles – current home included – for a quick windfall.
You could sub-divide and build on the rear title yourself. Sell it, live in it or rent it. Options, options, options.
If sub-dividing isn’t your thing and a dream home on a big block is, then you could knock down and build another ‘9A’…only this time, you can get that pool you’ve always wanted.
And, of course, there’s the option of simply renovating what is already there…
Structurally sound and configured to offer three separate living areas – including a big formal lounge and dining combo – the existing solid brick home should not be forgotten.
The question is…what’s your next move? Either way, you can’t lose.
More reasons why we love this home:
– Ideally positioned just 10 minutes’ drive from the CBD
– Walking distance from Tenison Woods Catholic School
– Just a short drive from Harbour Town, Ikea, Adelaide Airport and West Beach
– Large shed to rear yard
– Neatly presented interior with three big bedrooms
– Large eat-in kitchen
– And so many more!