100 Gorge Road Newton, SA 5074

Sold for $490,000 on 10 Apr 2018
  • 2 Beds
  • 1 Bath
  • 1 Car

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House in Newton

Serviceable Home on Urban Corridor Development Site

  • 2 Beds
  • 1 Bath
  • 1 Car

Located on a generous 689sqm allotment in the Campbelltown Council Regeneration Policy Area, this serviceable brick veneer home is now ready for the gentrification from old to new. The land has finally become more valuable due to changing zone regulations and now the allotment is in a prescribed high density urban corridor development zone and will certainly attract the attention of the shrewd investor/ developer looking for maximum return. NOTE: All above information is accurate to the agent's knowledge and should be independently confirmed with Campbelltown City Council.

Get creative and plan your dream development with multiple storey residences allowed. Built one for yourself and three to finance it, the options are endless. The existing home will be quite comfortable to rent out for a year while the planning and approval process is undertaken.

Comprising 2 bedrooms, lounge, dining and generous eat-in kitchen, the home offers serviceable accommodation and will appeal as a budget rental. Tidy wet areas include separate bath, toilet and laundry. A solid brick garage will house one vehicle and a long driveway will allow off street parking for several more. A solid brick shed, wide rear verandah, generous lawn area and scattered fruit trees complete the offering.

Spend some time in contemplation and examination, this gentrification regeneration could be your personal equation to a successful developmental transformation.

Features in brief:

  • 689sqm allotment (approx)
  • 20.57 meter frontage (approx)
  • Brick veneer home on generous allotment
  • Zoned for high density urban corridor development (to be independently confirmed with Campbelltown City Council)
  • Opportunity to build up to four residences (S.T.C.C)
  • Level and rectangular allotment
  • Serviceable existing house of 5 main rooms
  • 2 bedrooms, both of good size
  • Lounge, dining and eat-in kitchen
  • Tidy and functional wet areas
  • Solid brick garage and shed
  • Verandah overlooking rear yard
  • Great opportunity to develop within amended council guidelines

A great location for urban renewal. Centro Newton Shopping Centre is just down the road for your day to day shopping requirements. Local schools include Paradise Primary and Athelstone Primary along with St Francis of Assisi Primary and Thorndon Park Primary. St Ignatius College and Charles Campbell College are also in the local area. There is a multitude of reserves and parks at your disposal including the noted Thorndon Park Reserve with walking trails, playground and picnic areas, ideal for your recreation and exercise. Campbelltown City Soccer & Social Club, Black Hill Conservation Park and several other smaller reserves are only a short distance away.

A great opportunity to purchase, develop and succeed!

Property Details:
Council | Campbelltown
Zone | Residential 3 - Regeneration
Land | 689sqm (approx)
Frontage | 20.57 meters (approx)
Built | 1970
Council Rates | TBC
Water | TBC

  • Air Conditioning
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Formal Lounge
  • Garden
  • Secure Parking

1 garage space







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