1 Colac Street, Greenacres, SA 5086

Seize the chance to own a full-sized allotment in this highly desirable neighbourhood, where such opportunities are becoming increasingly rare. The true allure of this property lies not only in the existing residence but also in the promise and potential of the land it occupies.

Proudly situated on a generous 738 sqm (approx) allotment, this property features a wide 66.4’ (20.23m) frontage and a depth of 120’ (36.57m), offering immense possibilities for development or subdivision (subject to planning consent). There is an easement that runs along the side and the back of the allotment being 3.65m from the western boundary and 4.57m in from the back fence. The frontage excluding the easement is 16.58m and the depth excluding the easement is 32m.

This well-maintained single-storey timber-framed home carries the charm of yesteryear in its décor, providing an excellent opportunity for those looking to rejuvenate and modernize, or even completely reimagine the space. With the flexibility of 2 to 3 bedrooms, the layout is both versatile and spacious. The front-facing living and meals area overlooks the garden and is complemented by a large sunroom, ideal for relaxation. The compact kitchen, while functional, offers a practical workspace for culinary endeavours.

Access to the backyard is convenient through the kitchen and laundry areas, leading to a full-length verandah on the side—perfect for outdoor entertaining.

Vehicle accommodation is catered for featuring a single carport along with the added convenience of a separate garage or workspace, plus a double driveway for easy access.

Located in a sought-after neighbourhood, this home is just minutes away from excellent shopping, dining, and entertainment options. It's close to Hampstead Primary School, St Martin's School, and Cedar College, with Greenacres Reserve nearby, providing playgrounds and open spaces for recreation.

Don’t miss this amazing opportunity to secure a generous land holding in a thriving community!

SPECIFICATIONS:

CT // 5660/609
Zoning // General Neighbourhood 
Land // 738sqm
Built // 1957
Council // City of Port Adelaide Enfield 
Council Rates // $1,298.90 per annum
SA Water // $241.88per quarter + usage
Easement // 3.65m in from the Western boundary and 4.57m in from the back fence
Estimated Rent // Written assessment provided upon request 

DB Philpott is proud to service the local area and if you are thinking of selling you should give the team a phone call to arrange a free no obligation market opinion.

The property is being offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide to the market. The agent is not able to guide the market or influence the market in terms of price instead providing recent sales data for the area which is available upon request via email or at the open inspection.

The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public - at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.

Please note that any offers submitted prior to Auction will be under Auction conditions. It is the Purchaser's responsibility to seek own legal advice and a Form 3 Cooling-Off Waiver.

If a land size is quoted it is an approximation only. You must make your own enquiries as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.

Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. Development is subject to all necessary consents.

You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.

RLA 46442