38 Castle Street Modbury, SA 5092

A great location on an elevated corner allotment presents a unique opportunity for home buyers, investors and developers with this solid brick home sited on 732m² (approx) of prime real estate, overlooking a reserve and with the potential to redevelop into two new homes (STCC).

Two street frontages, including a wide and appealing street presence to Capulet Crescent, offer a great opportunity for the wise developer to utilise this desirable allotment, or for the keen homebuyer to purchase and improve to suit.

The home is of solid brick construction and is in good original condition, offering "solid bones", the perfect start for renovators with a creative architectural flair. The five main room configuration boasts a sunken living/dining room with kitchen adjacent and three good-sized bedrooms. Bedrooms 1 & 2 boast built in robes while bedroom 1 offers a ceiling fan. Functional wet areas include a walk-through laundry with exterior access plus separate bathroom and toilet.

Raked ceilings rise from 2.8 to 3.3m while a ceiling fan and a split system air-conditioner provide the climate control. The kitchen provides the original cabinetry with functional appliances, white sink with Pura Tap, glass cooktop and copper art extractor.

Extensive outdoor areas include a pergola with built-in barbecue, this carport space for up to 3 cars, a generous lock-up double garage, several shade houses, extensive rear lawns and garden areas plus rainwater tanks and established landscaping.

A great opportunity for renovators looking for a solid home on a large allotment to modernise and improve. An excellent incentive for developers desiring a large elevated rectangular allotment, perfect for subdivision (STCC), and a great "buy, hold and rent" for the astute investor with a forward thinking vision.

Briefly
* Cosy cottage on large elevated 732m² corner allotment (approx.)
* Dual street frontages with wide frontage to Capulet Crescent
* Perfect opportunity for investors, developers or renovators
* Solid brick home of five main rooms with extensive outdoor improvements
* Main bedroom with ceiling fan and built-in robe
* Bedroom 2 with built-in robe
* Original wet areas include separate bath, laundry and toilet
* Sunken lounge/dining with ceiling fan and split system air-conditioner
* Raked ceilings rise from 2.8 to 3.3m
* Original kitchen adjacent living/dining
* Kitchen offers original cabinetry with functional appliances, white sink with Pura Tap, glass cooktop and copper art extractor
* Secure carporting for up to 3 vehicles
* Lock-up double garage
* Pergola covered patio with built-in barbecue
* Extensive shade housing and garden sheds
* Generous yard space with established plants and gardens

Perfectly located in a quiet "low transit" street within easy reach of desirable amenities. There are plenty of local schools available including Modbury West School (just around the corner), Redwood Park, Para Vista and Ingle Farm Primary Schools, The Heights School, East Para Primary, Valley View Secondary, Golden Grove High and Gleeson College.

World class shopping facilities can be found at Westfield Tea Tree Plaza only a few minutes down the road, with Clovercrest village, Pelican Plaza and Golden Grove Village available for your everyday grocery shopping. There are bountiful parks and reserves in the local area idea for your sport and recreation, with numerous bike / walking trails providing access to both shopping centres and local schools. Public transport is nearby with bus routes readily available and the O'Bahn Busway Park & Ride' is only a short distance away.

The perfect offering for renovators, developers & home builders with a creative flair! Your inspection is recommended!

Vendors Statement: The vendor's statement may be inspected at 32 Halifax Street, Adelaide for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 27853

Property Details:
Council | Tea Tree Gully
Zone | Residential
Land | 732sqm (Approx)
House | 108sqm (Approx)
Built | 1972
Council Rates | TBC
Water | TBC
ESL | TBC