22 Broughton Road, Elizabeth Vale, SA 5112

Ray White Salisbury is proud to present 22 Broughton Road Elizabeth Vale.

Zoned for / as 'Strategic Innovation', this opportunity offers a beautiful home on an individual torrens titled corner allotment to form approximately 917m2 of prime land with two wide street frontages.

As part of Council re-zoning - to further establish the health precinct for the northern sector of Adelaide - this parcel of land is supremely located near brand new developments, with exposure to the Lyell McEwin Hospital.

The residence has been immaculately maintained and tastefully updated over time. If you wish to retain the home and use it as a rental, it has been rental appraised at $450 - $480 per week, which will help ease holding costs while you develop your next plan for the property. With recent sales in the area setting new benchmarks and standards for strategic innovation, the sellers have set realistic expectations for the properties.

Information about the development guidelines can be obtained from the City of Playford Planning department [email protected]

Some information about recent announcements can be found here:
https://www.architectureanddesign.com.au/news/northwest-playford-healthcare-precinct-upgrade

With more infrastructure being built and the daily amount of traffic increasing to the area, this parcel of land offers great exposure to large crowds over time and many businesses soon to come. If you are looking for a great development opportunity look no further!

Disclaimer: Photographs or images are for illustration purposes only. Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representation is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for errors or omissions. Prospective purchasers are advised to carry out their own investigation.