41 & 43 Ashbrook Avenue, Payneham SA 5070

41 Ashbrook Avenue Payneham
Repurpose - Redevelop

Authentic as it gets, this is real Retro, totally original. Step back in time, double brick and at 65 yrs old in need of a bit of love and attention. To finalise an estate, this home can spring into life, it's time. Either start slowly and renovate, it has good bones and the solid timber flooring would look brilliant if polished as it's in original condition. You can secure a home with potential, in this very hot suburb. Versatile, it would be so easy to turn into a contemporary, Open Plan concept, or reconfigure to suit your taste. Main lounge area with red hardwood timber flooring, feature a broad span of colonial, multi paned bay windows which floods the home with light. The original lighting is sure to appeal. Double doors lead to the formal dining room off the kitchen. Check out the storage and glass display unit filling an entire wall. Definitely 1950's and let the breezes flow through from the heavily forested rear yard - a gardeners challenge as it has been left uninterrupted for many years. Red laminate bench tops with baby blue cabinetry in the kitchen are over 60 years old and have the age spots to tell the tale. Spruce it up, the choice is yours and the same goes for the mid century pink and black terrazzo bathroom - original fittings and screen, it would cost a fortune to replicate.

Three good size bedrooms, the main with a floor to ceiling inbuilt robe of many doors and drawers. Most would dream of such storage capacity, pretty impressive. So to develop or refresh it and rent out while you design your dream home are both options and if you decided to go a step further , secure the adjoining property with a total over 1,100sqm (approx), opportunities are endless with possibility to divide and develop STCC.

Walk to Payneham Oval, parks and tennis courts, shopping at Marden Shopping Mall and within minutes of Norwood and Stepney. Every lifestyle service and amenity and only 15 minutes from the centre of the CBD, no wonder Payneham is such a sought after Eastern suburb address - miss this and there's no guarantee when the next opportunity will present with No. 41. frontage of 22.33m and No.43 26m approx. The property is sold on an "as is basis".

AUCTION: Friday, 17th February at 11am (USP) - CONTRACTED AT AUCTION
Please note: 43 Ashbrook Avenue Payneham to be auctioned first and 41 Ashbrook Avenue Payneham to be auctioned second.
($850,000)

OFFER FORM LINK
https://me.propps.com/agt_HBN9ZAxQ7TttITUH#propps:lst_oBCYrCdJSVLG
Please copy and paste the above link into your browser
*Please specify in the "Additional Comments" section which property you are submitting the offer for.
*If the offer is for both properties, please specify the amount offered on each property.

CT: Volume 5812 Folio 977
Council: Norwood Payneham & St Peters
Council rates: $1,352 per annum (approx)
Water rates: $184.82 per quarter (approx)
Land size: 578sqm (approx)
Frontage 22.33m (approx)
Year Built: 1959

43 Ashbrook Avenue Payneham
Prized corner position

Opposite the exceptional Payneham Oval with outstanding facilities on Rosella Street. This side access gives amazing opportunities as it has wide frontage to Ashbrook Avenue and great opportunity to upgrade, demolish or potential, to subdivide (subject to council consents). To finalise an estate, it comes to market with the adjoining home offering a chance to rent out till all your Plans and Approvals are in place. It's well maintained and easy to extended with contemporary flair and minimal expense. Create a very upmarket home in a central, location or seize the moment and develop a prime corner site with broad frontage . Purchase the adjoining property at No. 41, it's a rare opportunity to secure double street frontages to maximise your future.

An investment property for many years, it's ideal if you want an income while sorting out your plans and approvals. The home is currently disposed as a light filled lounge with double doors to adjoining dine in kitchen. The home is carpeted with vinyl in the kitchen area and a split system and original wall unit A/C. A large Blackwood kitchen gives a great gathering place at the centre of the home with room for a full sized dining table for great family and social get togethers. The main bedroom with large mirrored robe has a wide span of windows so it's light and bright with Venetian blinds and the other two bedrooms have room for built-ins if needed. An original, pink and black Terrazzo bathroom with full bath gives you a touch of yesteryear! Ripe for renovating or not as it's so trendy. A full laundry leads to a rear covered verandah and the side access allows for drive in and extra parking with a full single garage and a carport as well as on site. Garden is minimal and neat with established front and rear lawns.

This home has the potential to be whatever you want it to be - a very easy makeover or the very solid base for a repurposed home - could it be your forever home? You won't find much better with such a desirable suburb. If you want a home to suit you now and to become your future investment - consider the obvious, buy it now and watch it grow and down the track when you're set up and want to maximise the opportunity, then subdivide (subject to council consents) and you can have your cake and eat it too. One to live in, one for an investment to sell or hold. The property is sold on an "as is basis".

Top position - Shops - Transport - School Marryatville High.

AUCTION: Friday, 17th February at 11am (USP). - CONTRACTED AT AUCTION
Please note: 43 Ashbrook Avenue Payneham to be auctioned first and 41 Ashbrook Avenue Payneham to be auctioned second.
($895,000)

CT: Volume 5549 Folio 73
Council: Norwood Payneham & St Peters
Council rates: $1,523.18 per annum (approx)
Water rates: $184.82 per quarter (approx)
Land size: 579sqm (approx)
Frontage: irregular 24m (approx)
Year Built: 1958

OFFER FORM LINK
https://me.propps.com/agt_HBN9ZAxQ7TttITUH#propps:lst_oBCYrCdJSVLG
Please copy and paste the above link into your browser
*Please specify in the "Additional Comments" section which property you are submitting the offer for.
*If the offer is for both properties, please specify the amount offered on each property.

LJ Hooker Kensington | Unley provide a service called Auction Pay which allows you to pay your deposit online, on the spot at Auction, rather than having the hassle of arranging payment by cheque. Please contact Gabrielle Overton to find out more about this service.

The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.


RLA 275279