18 Loch Street Stepney, SA 5069

Under Instructions from the Administrator

There's so much to love about this location! Nestled on 560sqm (approx) in a blue-chip pocket on a north-eastern corner surrounded by a streetscape rich with restored period beauty, this mostly original double-fronted Villa represents the opportunity to develop, design and deliver a bespoke family masterpiece (subject to Planning Consents) in a location sought for its peace, proximity and lifestyle rewards.

The existing home retains some period character with a traditional double-fronted facade, verandah, handsome timber front door, leadlight entry, high ceilings with arched hallway, deep skirtings, cornices and classic fireplaces. Six main rooms flow off the central passage with three bedrooms, dining room (or fourth bedroom), separate lounge and the current kitchen.

To the rear, there is an updated, fully-tiled bathroom with bath, separate shower, W.C., vanity and wall cabinet, together with an area where the old kitchen resided and lean-to (original laundry) extending out to the deep north-easterly garden.

The single garage with auto roller door as well as a second driveway is accessed from Olive Road, and this solid brick structure extends the width of the rear yard and comprises two individual former food drying rooms and an undercover storage area.

While renovation remains a possibility, the true value lies in creating a dream family residence or boutique townhouse development (STPC). With dimensions of approx 15.24m x 36.94m on a prized corner site, the possibilities for architectural excellence are endless. Whether your vision leans toward timeless elegance or bold contemporary design, this private expanse and sun drenched setting provide the perfect blank canvas.

From this tightly held address, you can stroll with ease to the Avenues Shopping Centre and public transport just down the road, it's mere moments from the eclectic mix of cafes and shops on Magill Road, and also the popular shopping and entertainment precinct on Norwood Parade. It also lies
within the heart of a coveted school belt - zoned for Adelaide High and Adelaide Botanic High Schools, and close to East Adelaide, Trinity Gardens and Norwood Primary Schools, St Josephs School, St Peters College and St Ignatius College Junior School.

Boasting a near City postcode and all the lifestyle draw-cards that make Stepney so sought-after, this property offers a compelling blend of location, scale and potential - ensuring lasting value for the years ahead.

It's a cracker!

Auction: Friday 10th October at 10:30am on site

CT: 5442/676
Council: City of Norwood, Payneham & St Peters
Council rates: $2,368.89pa (approx)
Water rates: $266.68pq (approx)

RLA 312012