201 Gilbert Street, Adelaide

Property ID: 1P3928

Price Guide - $850,000 U.S.P.
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Auction Date
Sat 20th of Jul
11:00 AM
Auction Venue
On Site
Building Size
257 sqm
Land Size
220 sqm
7.1 m
Car Spaces

Sold By Andrew Downing, The City Specialist!

What a unique opportunity is on offer with this gorgeous, Circa 1880 Victorian Terrace House. Currently disposed as two separate dwellings, 201a downstairs & 201b upstairs and a portion of land at the rear which could accommodate 3 car parks.

201a has recently been used as a Lawyers office utilising the shop front as the office and living at the rear returning $380.00 per week.

201b has recently been used as a residential property returning $420.00 per week.

This spectacular property has so many possibilities such as restoring back to its original glory and enjoying the charm of a Terrace home?

Maybe you could work from downstairs and live upstairs or just keep it as it is now, a high returning investment?

You could also subdivide the land at the back of the house for another dwelling or extend and beautify the existing home?

Last but not least you could demolish the existing property and design a new development in this thriving location?

Obviously all of these options are subject to the necessary council consents.

The Why To Buy :-)

Torrens Title

201a -

Large living/ office shop front

Stunning kitchen which was recognized with a design award

Under floor heating

Funky bathroom

1 Double bedroom with W.I.R

R/C A/C & Pot belly stove

Private side courtyard

201b -

Expansive living & dining with trendy exposed brick

Designer kitchen, dishwasher & island bench

Opulent bathroom with free standing bath

Large loft bedroom

Lovely North facing balcony with lawn feature

R/c a/c & Solar panels

Large private rear courtyard

Car parking for up to 3 Cars

This Stunning character house with funky upgrades is perfectly suited to take advantage of the eclectic South West corner of 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 may be inspected at any the office of City Realty, 43 Sturt Street Adelaide for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

For any further information please contact, Andrew Downing, The City Specialist 0404 882 311 or Chris Xu 0433 770 616