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1 Ware Street Vale Park, SA 5081

Sold for $1,890,000 on 31 Jan 2022Floorplan
  • 2 Beds
  • 1 Bath
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1 Ware Street, Vale Park, SA 5081

House in Vale Park

Rare Release Residential Development Site

  • 2 Beds
  • 1 Bath

Exquisitely located on a massive, rectangular, corner allotment of 895m² nestled in the heart of the prestigious Vale Park, sits this original sandstone and red brick residence, now ready to enter its next urban evolutionary phase.

The home is in outstanding original condition and features 5 main rooms. Original character features include art deco style ceiling roses, cornices and mantles, high skirtings and some of the original carpets. The original bathroom and kitchen are preserved and offer excellent examples of mid century decor.

However the real value here is in the land, with a large rectangle allotment boasting a 2 street frontage totalling over 60m and a net area of approximately 895m².

Experienced and seasoned developers will find this rare offering an appealing and lucrative proposition. Current lenient council regulations will allow several new residences to be constructed on the site, similar to neighbouring developments. (Interested parties need to make their own independent enquiries).

Be prompt to act, as this is truly a very rare release in a highly valued area.

Briefly:

  • Original sandstone and red brick residence on large corner block
  • Allotment size of approximately 895m²
  • Potential to subdivide and build several homes (STCC)
  • Great location close to all amenities
  • Existing home in outstanding original condition
  • Original character features include art deco style ceiling roses, cornices and mantles & high skirtings
  • Original kitchen cabinetry and art deco bathroom layout
  • Land with 2 street frontage of over 60m
  • Great opportunity for seasoned developers
  • Desirable East- West aspect

Centrally located with local public transport within walking distance. Marden, Greenacres & Walkerville Shopping Centres are within easy reach and the popular shopping precinct of North Adelaide and Melbourne Street is only minutes away boasting cinemas, restaurants and cafes.

Abundant local parks and playgrounds, include the River Torrens Linear Reserve & Landsdowne Reserve, the perfect places for daily exercise or your general recreation.

The zoned primary school is Vale Park Primary School, while the zoned high schools are Norwood Morialta Middle & Senior School Campuses. Quality private education can be found locally at St Andrews, St Monikas, St Josephs, Wilderness School & Marden Senior College. Zoning information is obtained from www.education.sa.gov.au purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.

Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.

Property Details:
Council | Walkerville
Zone | TBC
Land | 895sqm(Approx.)
House | TBCsqm(Approx.)
Built | TBC
Council Rates | $ pa
Water | $220.29 pq
ESL | $451.40 pa

Land:

895m² / 0.22 acres

Bedrooms:

2

Bathrooms:

1