Situated in one of Adelaide's most tightly held and sought after coastal locations, this exciting investment / development opportunity is one not to be missed. Currently housing two separate dwellings on the one title providing a dual rental income stream while you plan for the next chapter. Set on a generous 733sqm allotment with a whopping 33.64m frontage, offering a great re-development opportunity STCC. With new construction homes in the area now selling at record levels, take advantage of this prime land holding. Zoned 'General Neighbourhood' in the Charles Sturt Council. Features of the current dwellings include: Residence 4: - Two bedrooms both with built in robes. - Bathroom includes a bath and shower with a separate toilet. - Spacious open plan main living / dining room. - Galley kitchen features a freestanding oven with cooktop and plenty of storage. - Separate laundry. - Undercover carport. - Private rear yard with manicured lawn area and a small rear pergola. - Split system air con plus ceiling fans. Residence 4A: - One double sized bedroom with a built in robe. - Bathroom includes laundry facilities. - Open plan main living / dining room. - Kitchen features a freestanding oven with cooktop and plenty of storage. - Undercover carport with drive through access to the rear yard. - Private rear yard with manicured lawn area. - Small tool shed. Positioned approximately 500m back for the Henley foreshore, with the Henley hotel, local shops, parks, schools and public transport all within walking distance. Zoned for Henley High & Henley Beach Primary with excellent private schooling options also within close proximity. Contact Agents for further information. PLEASE NOTE THAT THE FORM 1 - VENDOR'S STATEMENT (SECTION 7) LAND AND BUSINESS (SALE AND CONVEYANCING) ACT 1994 WILL BE MADE AVAILABLE TO THE PUBLIC AT RAY WHITE HENLEY BEACH 206A MILITARY ROAD HENLEY BEACH SA FOR 3 CLEAR BUSINESS DAYS PRIOR TO THE AUCTION DATE. All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. RLA 183205