Welcome to 20 Pegasi Ave, a beautiful old brick home located in the sought-after suburb of Hope Valley. Sitting on a generous 710m2 block, this property is the perfect opportunity for development, with plenty of space for extensions, renovations or even a brand-new build. This area is in high demand and continues to grow with other properties being developed into high quality housing complexes that continue to grow and evolve. If you are looking to develop, this home can be rented out whilst you do your due diligence. As you enter the home, you are greeted by an open plan kitchen and eat-in dining area, perfect for entertaining family and friends. The kitchen boasts ample storage and bench space, making meal preparation a breeze. The formal lounge is a great space to relax and unwind, with plenty of natural light and a comfortable atmosphere. The property features three bedrooms, offering ample space for a growing family or guests. The family bathroom is well-appointed with a bathtub, shower and vanity, and is conveniently located near the bedrooms. The secure garaging provides parking for one car, with additional off-street parking available. The large backyard is perfect for outdoor activities, providing a safe and secure space for children and pets to play. Located close to many amenities, including schools, shops, and public transport, this property is perfectly positioned for convenient living. Don't miss out on this fantastic opportunity to secure a spacious family home with development potential in a highly sought-after location. Contact us today for more information. Block size 19.8 metres wide by 35.6 metres deep approximately. Form 1s Avaliable to view at our office at 88 Murray Street, Gawler