Decisions, decisions. Warehouse gold or a developer's destiny?

Auction 27/10/18 at 12pm

27 Wood Avenue

Brompton SA 5007

Offices

FOR SALE

200m2

Wipe this lucrative allotment clean or continue its commercial office/warehouse venture - whichever way you sway, consider some 748sqm of north-facing corner land, near-city and North Adelaide position swept up in Brompton's urban rise.

The likes of its nature reserves, Hawker Street's café strip and the start of Charles Sturts' iconic stobie poles signal Brompton's surging urban replenishment mixed with high-density living.

Opportunity like this is what stirs investors to buy in, redevelop and reap those feel-good rewards.
The land's improvements are solid but basic - expect three main rooms, a plumbed utility zone and adjoining wet area with shower and WC, all in need of a revamp.

But its two adjoining commercial sheds/warehouses (added in 1978) totalling some 200sqm with a high-clearance roller door (approx. 14ft.) and up to six car off-street parking is business gold for the distributor or wholesaler.

Opportunity with a versatile future.

Its plot - zoned Residential 15 allows for three 250sqm dwellings to be built on its level site (STCC) within walking reach of Brompton Green, five minutes' drive to the Prospect Road precinct, Hindmarsh Stadium soccer games or Costco savings on Churchill Road.

A lifestyle spelling executive or family ease just two train stops to the city.

For warehouse inspiration, hit up Hawker Street's Pizza Meccanica (where pizza culture goes industrial retro) just for the meal or to discover their success story...

Commercial gold or a developer's destiny? The choice is yours.

More about this opportunity:
Rendered office/reception rooms
21.34m frontage to Wood Avenue
Corner 748sqm (approx.) north-facing allotment (joining Second Street)
Zoned: Residential R'15
Approx. 200sqm of warehouse space with approx. 14ft. roller door clearance
Used as a CCTV distributor & furniture wholesaler
Currently storing steel on site
Soil testing completed
5.8m wide concrete driveway plus an extra 3m (approx.) for storage
Access to the North-South Motorway & Port Road
Easy minutes to North Adelaide, Prospect & just 6kms to the city

** All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement (Form 1) will be available at the LJ Hooker St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.