15 De Laine Avenue

CONTRACTED AT AUCTION BY JOSH EDGAR 0433233466 Positioned on an exceptionally large allotment of 1,042 sqm in the residential heart of Edwardstown, this tightly held property presents a rare opportunity to secure substantial land with immediate rental income and future potential. The existing 1950s residence offers three bedrooms, a bathroom, separate toilet, spacious lounge, dining area and original kitchen, with a practical rear lobby connecting through to the laundry and semi-enclosed rear verandah. The front bedroom includes built-in robes, ceiling fan and air conditioning, while the lounge also features a wall-mounted air conditioning unit. Outdoors, the north-facing rear yard is complemented by a substantial double side-by-side garage with mezzanine storage positioned toward the rear of the allotment. Boundary fencing has been partly updated, with a modern Zincalume fence running along most of the eastern boundary, while the western boundary combines updated and original galvanised iron sections. Currently leased at $490 per week on a periodic tenancy, with the tenants expressing a desire to continue the lease, the property provides flexibility for investors, renovators or those exploring future redevelopment potential (STCC). Ideally located within walking distance of the Edwardstown train station, Castle Plaza Shopping Centre and key arterial routes, with easy access to both the CBD and coastline. Year Built / 1956 Land Size / 1042 sqm approx. Council / City of Marion Council Rates / $2,245.23 p.a. Torrens Title Zoning / EN Speak to TURNER Property Management about managing this property #expectmore RLA 62639