This is a UNIQUE opportunity to purchase 3 adjacent homes on Anzac Highway in the new Policy 18 medium density zoning. It has a frontage of 61 metres and an overall area of 2760 sqm (approx) and also backs onto a Linear bikeway reserve. It should be suitable for at least 18 dwellings (up to 3 stories) subject to normal Council Consents. Current improvements include 3 very substantial solid brick 1950s and 1960s dwellings which could produce a good holding income in the short term. Two of the homes are currently leased and one has 2 separate tenancies. We can also offer a 4th adjacent residence if required for an even larger redevelopment project. The TOTAL AREA would then be 3650sqm. This large unique land holding is just 5 minutes to the Cosmopolitan Glenelg restaurant strip and 10 minutes to the CBD. There are numerous transport choices and great local schools all within easy walking distance. The Bay Tram, Morphettville Race Course, Immanuel College. What a great location.