8 Jolly Avenue
Northfield, SA 5085

This charming solid brick home is situated on a substantial 1,014 square meter block with an approximate frontage of 28.77 meters, offering a unique opportunity for families, investors, or developers. The property comes with subdivision plans, enhancing its potential for future development or investment.

Currently tenanted with a fixed lease generating $465 per week until October 12, 2024, this home provides immediate rental income. Upon entering, you are welcomed into a bright lounge area featuring classic pine floorboards that add warmth and character. The living space is enhanced by an oyster light, a gas heater, and a reverse cycle air conditioner, ensuring comfort throughout the year.

The combined kitchen and meals area is designed for casual dining and entertaining. The kitchen is equipped with a Euromaid freestanding gas cooktop and oven, complemented by ample storage including a built-in pantry and vinyl wrap cabinetry. Stone benchtops and a tiled splashback add a refined touch, while the pine floorboards continue to provide a cohesive aesthetic.

The home offers three well-sized bedrooms, each designed as a peaceful retreat. The master bedroom includes a mirrored built-in robe, vertical blinds, and ducted air conditioning for added comfort. The other bedrooms also feature ducted air conditioning and pine flooring, suitable for family members or guests. The family bathroom is functional with both a shower and bath, and a separate toilet adds convenience. The laundry includes built-in storage and external access, completing the practical layout.

Outside, the property boasts a double-width carport with roller doors, providing secure parking and storage. A workshop area is available for hobbies or DIY projects. The expansive backyard is a versatile space, ideal for children’s play, entertaining, or exploring subdivision possibilities. Two concrete patios offer inviting outdoor dining or relaxation areas.

Key features of this property include the large allotment with subdivision plans, Mitsubishi 4-zone ducted reverse cycle air conditioning, pine floorboards throughout, secure extra-wide double carport, Rinnai B16 instant gas hot water system, and NBN readiness.

The location offers a balanced lifestyle with nearby amenities such as LJ Lewis Reserve Playground and Dog Park, Stockade Botanical Garden, and shopping centers including Drakes Mini Walkley Heights, Northgate Shopping Centre, and Ingle Farm Plaza. Educational facilities like Roma Mitchell Secondary College, Northfield Primary School, and the Northfield Child Parent Centre are also conveniently close.

Additional details include an estimated rental return of $550 to $600 per week, council rates approximately $1,725 per annum, water rates around $874 per annum, and an estimated year of construction circa 1965. The property holds a Torrens Title and is free from easements and encumbrances. Construction is solid brick with mains sewerage and connected gas.

This property presents a rare opportunity to secure a comfortable family home with excellent investment or development potential in a sought-after location.