5 Faye Avenue
Ridgehaven, SA 5097

Overview

5 Faye Avenue, Ridgehaven

Auction Location: 5 Faye Avenue, Ridgehaven SA 5097

Welcome to 5 Faye Avenue, Ridgehaven, a solidly built home originally constructed in 1962. This property has been tightly held and cherished by the original owners and is now being offered to the market for the first time in 64 years, presenting a unique opportunity for the next purchaser to bring their ideas and plans to life.

The home is situated on a favourable allotment of approximately 1,016 square metres, featuring a generous frontage of approximately 19.5 metres. It is positioned within the advantageous Housing Diversity Neighbourhood zoning under the City of Tea Tree Gully planning framework. This zoning broadens the potential for future development of multiple dwellings, subject to planning consent.

Key features of the property include:

• Three bedrooms within the main dwelling providing comfortable living spaces.
• A flexible floorplan that includes a detached retreat with an additional two bedrooms, a bathroom, and a living area, offering versatility for family or guests.
• A spacious kitchen equipped with ample bench space and storage, ideal for meal preparation and entertaining.
• A detached single garage providing secure off-street parking or additional storage options.
• A frontage of approximately 19.5 metres, enhancing the street presence and potential for landscaping or development.
• No registered easements or encumbrances on the title, ensuring clear ownership and use of the land.
• Zoned advantageously to the Housing Diversity Neighborhood (HDN), offering potential for future development opportunities.
• Conveniently located within walking distance to Westfield Tea Tree Plaza, providing access to major retailers and popular eateries.

The potential of this home and allotment is evident when observing neighbouring properties within the street. The location is perfectly positioned, surrounded by all essential amenities including local schools, Civic Park, Modbury Hospital, and excellent public transport options such as the O-Bahn, facilitating easy commuting to the Adelaide CBD.

This is a rare opportunity to secure a large allotment in a highly sought-after north-eastern pocket where such properties are in short supply. The property offers a solid foundation with significant potential for renovation, redevelopment, or investment.

All information provided has been obtained from sources believed to be accurate; however, accuracy cannot be guaranteed. Interested parties are encouraged to conduct their own enquiries and seek independent legal and financial advice. Should the property be scheduled for auction, the Vendor's Statement will be available for inspection at the local real estate office for three consecutive business days immediately preceding the auction and for 30 minutes prior to the auction commencement.

Location