158-160 Salisbury Highway

Salisbury SA 5108

Subdivide and develop up to 5 homes while keeping the original or demolish and build 6 units/townhouses (STCC) similar to nearby developments.
With maximal street exposure there is also the possibility for a commercial enterprise to convert the block into either shops or offices with dual driveways and plenty of room for parking! (STCC)
The original homestead, built from brick and stone, lends to an unmatched character with the potential to renovate and create instant wealth. The house boasts three generous bedrooms, vintage style kitchen and dining room, lounge room, living room and sunroom. With a little restoration to the main home and some repairs to the back, you can easily restore this house to its former glory.
Ideally located on Salisbury Highway, which is a major arterial road of the northern suburbs, offering excellent street exposure, this property is abound with potential!. Situated in between Hollywood Plaza and Parabanks shopping centres and surrounded by home businesses and shops along the road, the commercial possibilities are clear. Being so close to Salisbury Downs Primary School, St Thomas More College, transport and numerous parks and sporting clubs, this is also high rental demand.
It truly is an estate where the possibilities are endless. Renovate to rent and watch land values appreciate or even sub divide and develop (STCC) utilising the huge 1827sqm allotment. Create your dream home or business. It's all up to you. This is a once in a lifetime opportunity to acquire large prime land with both position and potential. Don't sit back and watch this opportunity pass you by!
Phone Mike Lao now to inspect!