Property for sale

2 Ridge Avenue, Myrtle Bank

  • 0 bed
  • 0 bath
  • 0 car
  • $3,400,000

2 Ridge Avenue, Myrtle Bank.

An opportunity of genuine scale is being made available privately within one of Adelaide's most tightly held southern–eastern enclaves.

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Terms

I/we the Purchaser/s, as detailed below, wish to make the following offer to purchase the property detailed below upon the terms of the Society of Auctioneers and Appraisers (SA) Inc standard Contract for Purchase of Residential Land.

We acknowledge that if this offer is accepted and subject to the notice below I/we will be required to enter into and execute a contract in these terms. We acknowledge we may be one of several parties making offers to the Vendors to consider.

Note: This is not a contract of sale document. Both the purchaser and vendor must sign a contract of sale document before this offer becomes legally binding. An offer may be withdrawn at any time before signing a contract of sale document. Contracts of sale may also be subject to a 2 day cooling off period (exercisable by the purchaser) under section 5 of the Land and Business (Sale and Conveyancing) Act 1994.

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Details

A rare opportunity to secure a substantial 3,005sqm parcel within one of Adelaide's most tightly held southern–eastern precincts.

Positioned quietly within a cul-de-sac between Glen Osmond and Cross Roads, the allotment offers scale, depth and flexibility rarely encountered in this location. The parkland setting, incorporating a seasonal winter creek, creates both natural amenity and potential design differentiation for a well-considered future scheme.

The existing circa-1950s residence of approximately 249sqm provides holding income or interim accommodation if required; however, the underlying value is firmly in the land and its redevelopment capacity (subject to necessary consents).

Parcels of this magnitude, within established premium suburbs, offer long-term strategic upside in a market defined by limited supply.

Price guidance: $3,400,000 (aligned with Council valuation).

Property features

Bedrooms: 0
Bathrooms: 0
Parking: 0

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