12 Morcomb Street

Positioned in one of Adelaide's most tightly held city-fringe locations, this grand circa 1900's character villa presents a rare opportunity to secure a substantial parcel of land with unlimited potential. Set on an impressive allotment and located just minutes from the CBD, the property offers the perfect combination of period charm, renovation scope and future development possibilities, all subject to the necessary consents. Behind the traditional stone façade and return verandah lies a home rich in character features, including soaring ceilings, polished timber floors, leadlight windows and a wide central hallway that immediately captures the elegance of a bygone era. The flexible floorplan provides up to four generous bedrooms, a formal lounge, family and meals area, kitchen, bathroom and laundry facilities. Many original features remain intact, providing an outstanding foundation for those looking to undertake a substantial renovation project. For developers and investors, the true value may lie in the land itself. The generous allotment, desirable dimensions and sought-after Stepney location create exciting opportunities for redevelopment or further enhancement, subject to planning approval. Located only moments from The Parade, local cafés, shopping, public transport and some of Adelaide's finest schools, this is a location that continues to experience strong buyer demand and long-term growth. Whether your vision is to restore a magnificent character residence to its former glory, create your dream family home, or explore the site's future development potential, this is a property that offers possibilities rarely found in today's market. A landmark opportunity to secure a piece of Stepney's history and shape its future. Inspection is essential. Phone John Lyrtzis 0411507930 SPECIFICATIONS: CT // 5135/549 Zone // Established Neighbourhood (Z1506) - EN Land // 494m2 Built // 1900 Council // THE CITY OF NORWOOD PAYNEHAM AND ST PETERS Council Rates // TBA SA Water // TBA Estimated Rent // Written assessment provided upon request DB Philpott is proud to service the local area, and if you are considering selling, we invite you to contact the team for a free, no-obligation market opinion. The property will be offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide. The agent is unable to guide or influence the market in terms of price, but recent sales data for the area is available upon request via email or at the open inspection. The Vendor's Statement (Form 1), the Auction Contract, and the Conditions of Sale will be available for public inspection at the agent's office for at least 3 consecutive business days before the auction, and at the auction venue for at least 30 minutes prior to the commencement of the auction. Please note that any offers submitted prior to the auction will be under Auction conditions. It is the Purchaser's responsibility to seek independent legal advice and a Form 3 Cooling-Off Waiver. If land size is quoted, it is an approximation only. You must verify the accuracy of this figure. DB Philpott does not guarantee the accuracy of these measurements. For any development enquiries or site requirements, please contact the local government authority. Purchasers are encouraged to conduct their own due diligence, as any information provided here is a guide and should not be relied upon. Development is subject to all necessary consents. We recommend assessing the suitability of any purchase based on your own needs and circumstances by seeking independent financial and legal advice. RLA46442