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91-93 Days Road

Croydon Park, SA 5008, Australia
$3.01m
7 bed 5 bath 10 car

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Area Price Guide
$2.83m$3.19m

Indicative price guide range

🏘️
67
Comparable
📊
$969,000
Area median
⚖️
+210%
vs median
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Calling developers, land bankers, investors & builders Rarely does the opportunity exists for huge improvements and potential to subdivide and create new allotments at the same time the possibility of retaining the existing structures and dwellings creating a nice tenancy bank and or land bank for the future (STCC) 5 tenancies over the 2 allotments, ALL screaming for improvements. Ideally leased as a periodic lease only, which makes accessibility to the dwellings a simpler process. Features include Solid brick 2 bedroom home (91 Days) 2 x Large 2 bedroom upstairs units Plus a currently utilized 1 bedroom downstairs unit Plus a 100sqm commercial tenancy 2 Allotments totaling 1440sqm approximately Street Frontage width of 30m+ approximately to Days Rd Grey St depth of 45.72m approximately Consisting of 4 Residential Tenancies and a Commercial Tenancy. 91 Days Rd (Corner Allotment) currently features a 2 Bedroom Solid Brick House with significant shedding. 93 Days Rd currently consists of 2 x 2 Bedrooms upstairs units, currently utilized 1 bedroom downstairs unit and the popular Curry Lovers Indian restaurant plus a valuable carport & garage There may be potential to subdivide multiple allotments at the rear and retain the current residences (STCC) For those who dare to dream, dreams do come true – 1440sqm Approx. Corner Allotments Absolute sensational opportunity to further redevelop, renew and reinvest into these dynamic properties OPPORTUNITY TRULY KNOCKS! This lends itself to renew the existing rentals, to create an instant multiple rental portfolio, close to city location, further opportunity to subdivide multiple allotments to either continue improvement to build new homes or sell the land the choice is yours (STCC) Offerings of this nature are incredibly rare and for those seeking huge potential of further improvement of rolling up your sleeves and improving the units and shop to a standard to achieve maximum rents and create an instant rental portfolio, at the same time create multiple allotments via the rare double corner aspect (STCC) This screams HUGE improvement potential (STCC) All tenancies are periodic Rental Estimate Letter Available upon request. Another Quality Peter Doukas and Century 21 City Inner North Listing Looking for a property manager? We also offer award winning property management services! Auction to be held by Award Winning Auctioneer James Pedlar - DISCLAIMER: This advertisement includes information which is believed to be accurate based on Century 21 City Inner North resources and/ or inspections of the property before or at the time of advertising. Prospective Purchasers or other parties should make their own enquiries about the validity and accuracy of this information and view the property before making any purchasing decisions. You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice. The Vendor's Statement is available for perusal by members of the public at our office for at least 3 Consecutive business days immediately proceeding the auction. The Vendor's Statement is available for perusal at the property for 30 minutes immediately before the auction commences. All Reasonable steps are taken to give prospective purchasers notice of the times and places at which the vendors statement may be inspected before the auction.

Property Features

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    Repayment calculator

    $14,584/month
    $7,292 /fortnight
    Loan $2,406,600 at 6.10% over 30 years

    Upfront costs

    Deposit$601,650
    Stamp duty$159,284
    Conveyancing (est.)$2,000
    Total upfront$762,934
    Verify with SA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    7
    Bathrooms
    5
    Parking
    10
    Listed
    1 month ago

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