Norwood 1-8/56 Queen Street
How often does an opportunity arise to purchase a whole apartment block of 8 strata title units, on the very doorstep of Norwood Parade? Not very often.
As the privileged Agents, we are proud and excited to present this great, diversified and tangible investment opportunity.
Sited on a valuable large block of some 1,100sqm (approx.) and boasting a myriad of development opportunities to explore, whilst your land keeps appreciating.
With all eight units currently tenanted, potential developers/renovators will enjoy the good income it derives whilst considering all the many options available (subject to council consents).
Every good property portfolio ideally should have some Norwood exposure.
If the same opportunity to purchase (block of 8 units on 1,100sqm approx. of land) arose in North Adelaide, Hyde Park, Unley or Burnside, which do you believe will enjoy the most capital growth over the coming years?
Particularly a group that is only 70m off "The Parade", the most acclaimed shopping precinct strip in Adelaide's city fringe.
A short walk to the Hoyts cinema complex, Norwood Place shopping centre, a variety of restaurants and cafes (perfect for brunch or leisurely lunches on the weekends), and close to multiple public transport options.
A very sound land bank investment with enormous potentials now or down the track, your choice.
AGENT: Jamie Brown 0413 000 887
Sold Under Offer
- Land area approx 1100sqm