Development Opportunity – Capitalise on New Incentives!

Prime Development Opportunity in West Hindmarsh – Benefit from New SA Government Policy!

Are you searching for a prime development opportunity in a highly sought-after location? Look no further than 33 & 35 Young Avenue, West Hindmarsh. Positioned within the Plan SA - General Neighbourhood Zone, these expansive properties span 2,207 m² of land, within 5 km of the Adelaide CBD, presenting an enticing prospect for residential development. (Subject to Council Approval)

With the recent SA Government policy change, this is the perfect time to invest. The government has abolished stamp duty for all first home buyers who build or buy new homes in South Australia, and expanded the first homeowner grant eligibility. This policy shift means greater affordability and increased demand for new homes, making your development opportunity even more attractive to potential buyers.

Property Specifications:

Combined Land Size: 2207 m²
- 33 Young Avenue: 1129 m²
- 35 Young Avenue: 1078 m²

Combined Frontage: 30.48 m
- 33 Young Avenue: 15.24 m
- 35 Young Avenue: 15.24 m

Build Size:
- 33 Young Avenue: 120 m²
- 35 Young Avenue: 132 m²

Property Built:
- 33 Young Avenue: 1946
- 35 Young Avenue: 1964

Current Tenancies:
- 33 Young Avenue: Tenanted for $460 per week until June 1st
- 35 Young Avenue: Tenanted for $490 per week until August 1st

Zoning: Plan SA General Neighbourhood Zone
- Council: City of Charles Sturt

Local Amenities:

Schools:
- St Joseph’s School: 1.2 km away
- Immaculate Heart of Mary School: 1.8 km away
- Torrensville Primary School: 2.5 km away

Shopping Centres:
- Brickworks Shopping Centre: 1.3 km away
- Welland Shopping Centre: 1.6 km away

Other Facilities:
- Linear Park: 1.5 km away
- Entertainment Centre: 3.5 km away

Don’t Miss Out!

With the new SA Government policy providing significant financial incentives for first home buyers, the demand for new homes is set to rise. This makes 33 & 35 Young Avenue, West Hindmarsh a rare and lucrative opportunity for astute investors and developers alike. Act fast to secure your future and take advantage of these government incentives.

Contact Wilson Rossi – Real Estate today on 0481 391 041 or [email protected] to express your interest.

Wilson Rossi - Real Estate

RLA 320 080

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