555 Magill Road Magill, SA

Opportunity abounds in this established dual use/dual fronted property. As rare as hens teeth, this property offers a commercial frontage on Magill Road and an aesthetically separate, yet physically connected residential frontage on Balmoral Avenue. The commercial property consists of approx 100sqm of retail/business space, is currently utilised as a physiotherapist and is leased at $22,000 pa (plus gst). On street car parking is available on Balmoral Avenue.

The attached solid brick home is presented in it's original design. A separate entry, living area, kitchen/meals and two bedrooms, with the ability to reconvert back into three bedrooms. The home has provision for access to the commercial frontage and is currently leased, with eleven months of tenancy remaining. Parking for the residential component is provided via a double garage, accessible via Balmoral Avenue.

This property is positioned to create great interest and is overflowing with opportunity for business minded purchasers.

FEATURES:
Corner block
Commercial frontage to Magill Road
Residential frontage to Balmoral Avenue
Three bedroom design (currently utilised as two bedrooms)
Double garage
Ducted air conditioning

ABOUT MAGILL
Magill is a suburb located approximately 6km from the Adelaide CBD in the eastern suburbs. Bordered by Tranmere, Rostrevor, Rosslyn Park and Wattle Park Magill has a population of 11,222, is home to one of Penfolds wineries, a shopping centre, UniSA Magill Campus and the historic Murray Park Estate.

LAND SIZE
659 sqm

APPROXIMATE DISTANCES
Norwood Parade 3.6km (6 minutes)
Rundle Street cafes 5.7km (10 minutes)
St Peters College 2.0km (6 minutes)
Adelaide Central Business District 4.5km (10 minutes)

EDUCATION
Jescott Montessori Pre-School 220m (1 minute)
St Joseph's School (Catholic Parish School R-7) 450m (1 minute)
Magill Primary/Junior Primary 800m (2 minutes)
Norwood Morialta High School 1.7km (3 minutes)
St Ignatius College 3.9km (6 minutes)
University of South Australia (Magill Campus) 450m (1 minute)

BIRTHPLACE OF RESIDENTS (MAGILL)
Australia 71%
United Kingdom6%
Italy6%
Malaysia 2%
Greece1%
Hong Kong1%

AGE OR RESIDENTS (MAGILL)
40 to 59 27%
20 to 39 26%
60+23%
5 to 1919%
0 to 4 5%

ZONING
LGA: Campbelltown City Council

RLA 61345

RLA 61345