28-30 The Strand Colonel Light Gardens, SA 5041

Auction Saturday 23rd January at 11:30am (USP)

A highly unique and appealing opportunity to both investors, developers and owner-occupier businesses presents itself on a tree-lined street in the desirable sought after suburb of Colonel Light Gardens.

On offer, a mixture of two commercial shop fronts and a residential home at rear currently disposed as one shop and a three-bedroom house.

Promising strong capital appreciation and rental growth as well as the option to utilise existing improvements with huge scope for further redevelopment.

An ideal investment property positioned exclusively on The Strand alongside popular shops including Local Crowd Cafe, Ponder Posy Florist and Little Bohemian Gift Store, as well as walking distance to Mortlock Park, easy access to reputable schooling, public transport and various amenities on Goodwood Road.

Shop features:

• Currently used as a medical surgery
• Versatile floor plan suitable for multiple uses
• Disabled access and toilet facilities
• Highly sought after tenancy with a pre-qualified list of applicants waiting to occupy if needed
• Option to rent out the shop and house individually

House features:

• High rental return
• Three spacious bedrooms, two with built-in wardrobes
• Generous living area
• High ceilings and polished timber floorboards throughout
• Updated kitchen with Smeg appliances and ample storage space
• Light-filled dining area
• Large backyard with entertaining area
• Garage at the rear with automatic roller door
• Valuable rear lane access
• Option to reside in the house and operate a business from home
• Close to schools, shops and public transport in a family-friendly neighbourhood