RARE opportunity to secure this tightly held property that has only changed hands twice in the last 80 years! Situated on a massive 1121sqm allotment in a prime location less than 10 minutes to the Adelaide CBD, this sandstone fronted art deco inspired home was extremely well built circa 1945 and features 3-metre-high ceilings and original features throughout including gold chandeliers, leadlight doors, decorative ornamental ceilings and a fireplace in the formal lounge area at the front of the home. An extra-large 10.8 x 6.0 metre rear extension with raked ceilings was built onto the original home in the 1970s and provides a huge 2nd living area or rumpus room for entertaining which looks out to the well-established gardens and alfresco area. Part of the rumpus room could easily be converted into a 4th and 5th bedroom. The original timber kitchen features a skylight and could be opened up to the adjacent formal dining room. This property is a renovator's dream! The huge backyard area features a large garden shade house with fishpond, surrounding brick paved areas, established fruit trees including walnuts, apricots and almonds plus a massive 7x7 metre storage shed with a concrete slab in addition to the garage which has room for 2 cars. There is still plenty of space in the rear yard to install a large pool, tennis court or separate granny flat or you could simply convert the existing storage shed into self-contained accommodation. Allotments of this size rarely come on the market this close to the city and this property has so much potential and so many possibilities; you can renovate and extend, knockdown and start over or redevelop with potential for either a 2 or 3 lot subdivision (STC) given the extra-large 1121 sqm allotment. This property is being sold as part of deceased so must be sold. Please contact Peter Jarmer on 0423009843 for further information and to arrange an inspection.