1-3 Elderslie Avenue, Fitzroy SA 5082

Property Details: • Type: House

• Bedrooms: 6 • Bathrooms: 4

Description: Opportunities like this almost never hit the market. Sitting proudly on a huge 818sqm allotment with 20m frontage and prized rear lane access, this premium Fitzroy holding is one of the rarest offerings you'll find. Currently configured as two tenanted residences, each home offers three bedrooms, two bathrooms, a formal lounge, kitchen with meals area, and adjoining casual living space. Residence 1 has the benefits of a more modern refurbishment and an exclusive side courtyard, while both residences feature their own outdoor entertaining areas and garden sheds, plus a shared backyard that can easily be separated to suit. Together they provide a dual income stream with excellent flexibility. At the rear, the shared private road leads to a four-car garage with side-by-side parking, a rare feature that adds immense flexibility and value to the property. With its unbeatable location and impressive scale, this remarkable property is ideal to be adapted for multi-generational living or reimagined into a landmark family estate. This is a genuine once-in-a-lifetime chance to secure an impressive landholding in one of Adelaide's most tightly held suburbs. Invest, redevelop, or create a showpiece family estate (STPC). However you envision it, this is a genuine once-in-a-generation chance in one of Adelaide's most desirable postcodes. The rear yard tree has been identified as a Peppercorn Tree, listed on the Minister's Notice List of Exempt Species, and not classified as significant under the Plan SA Planning & Design Code for the City of Prospect. Based on this, Plan SA is likely to support its removal, though professional advice is recommended. Nearby schools include North Adelaide Primary, Prospect Primary, Rosary, Blackfriars, Prescott College, Wilderness, St Dominic's, St Peters College, Christian Brothers College, & PAC SPECIFICATIONS: CT // 5536/133 Zone // Established Neighbourhood Built // 1900 Land // 818sqm Frontage // 20.73m Council // City of Prospect Council Rates // $3,910.64 per annum SA Water // $289.25 per quarter + usage ESL // $289.25 per annum Tenancy // #1-Periodical @ $500pw #3-Periodical @ $580pw Estimated Rent // Written assessment provided upon request DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion. If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority. Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. 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. RLA 46442