59 Davenport Terrace, Wayville SA 5034

SOLD at AUCTION by Josh Edgar 0433 233 466  

A rare gem on Davenport Terrace

First time offered to the market in 50 years, these larger parcels of land in prestigious suburbs are coming harder and harder to come by.

A single Torrens title currently used as 3 serviceable flats (all vacant), a large separate laundry and a rear garage (with another studio, kitchen and bathroom), this is the perfect passive income for the savvy investor who knows value. This circa 1900 symmetrical cottage on a sizable 919sqm parcel of land with valuable rear lane access also lends itself to a magical renovation and transformation to an enjoyable family home without compromising space.

Several sheds, carports, fruit trees, water tanks and watering systems are all valuable infrastructure already in place for the new owner to continue the sustainable lifestyle this suburban getaway offers.

Unit 1 Bed-sit flat with ceiling fan, eat-in kitchen with electric cooktop and oven, a bathroom with basin, WC and shower

Unit 2 Entrance via the main front door, single bedroom / lounge with air conditioner, long hallway, galley style kitchen with electric cooktop and oven, bathroom with basin, WC and shower

Unit 3 1 bedroom with ceiling fan, 1 living/dining room with air conditioner, galley style kitchen with electric cooktop and oven, bathroom with basin, WC and shower over bathtub.

Features I love about this home!
Large 919sqm parcel of land with commanding frontage of 15.24m
Established gardens and fruit trees
Multiple uses (leave 1 flat and convert and renovate the other 2 into 1?)
Rear lane access
Large garage with high roller door
Rear studio with kitchen and bathroom
Loads of storage
Beautiful location
Enduring character and architecture in great condition

Being sold in an AS IS manner, what is left at the property at the time of sale and settlement will make up the inclusions of contract.

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

CT / Vol 5361 Fol 383
Year built / 1900
Equivalent Building Area / 169sqm
Land Size / 919sqm
Council Rates / TBA
Water & Sewer / TBA
ESL / TBA
Torrens Title
Council / Unley
Zoning / Policy Area 9
Frontage / 15.24m
Depth / 60.35m

Speak to TURNER Property Management about managing this property
#expectmore


Josh Edgar 0433 233 466

Features include: Air conditioning,Fully fenced,Secure Parking