12 Loch Street, Stepney SA 5069

Finding potential in the blue-chip Eastern suburbs is hard enough. Buying it this close to The Parade, The Avenues Shopping Centre, and Magill Road in a tightly held Stepney pocket is rare.

If you're in line for a project to strip bare, start over, or to hold and lease out while you decide, this c1900 stone-fronted villa could be your value-adding ticket.

On 650sqm of land, with a 15.24m frontage, and a wide, tree-lined street host to a sprinkling of turn-of-last century homes, there's plenty of promise at play here, and on the green open space of Loch Street's Stanford Reserve.

And while the property is not heritage listed, it cannot be subdivided.
Its basic blank canvas opens to high ceilings, the versatile living room and three bedrooms off a central hallway, timber floors, decorative fireplaces and a north-facing rear aspect enjoyed by a simple eat-in rear kitchen and a retro bathroom.

Owned by the same family since 1978, it was cherished for its gardens, fruit trees, cool room/cellar downstairs for storing jars and sauces, and a backyard garage that entertained the kids.

Today, its prestigious radius is the catch.

Walk to The Nourish'd Kitchen on Ann Street, buses to St. Peter's and Prince Alfred Colleges, and a direct route citybound via Payneham Road for universities or zoned Adelaide and Adelaide Botanic High Schools.

With bricks and coin (and the usual council consents) your dream revision or brand new home could be next.

To be auctioned: 11:00am Saturday 4th May 2024.


HIGHLIGHTS:
C 1900 stone-fronted family villa
One family owner since 1978
Potential to renovate, extend or build a brand new dwelling – STCC.
Dimensions: 15.24m x 42.67m.
Land size approx. 650 sqm.
Desirable north-facing rear aspect
Split system R/C A/C to main bedroom
A clutch of prolific fruit trees remain
2-car carport with manual roller door | Up to 3 parks off-street
Property is not heritage listed
Properties on this street side can be demolished
Unsuitable for subdivision (400sqm of land per dwelling is required.)
Zoning: EN – Established Neighbourhood.
All measurements are approximate.


LIFESTYLE:
Brilliantly located in a quiet, tightly held tree-lined street
Walk to The Avenues Shopping Centre, The Parade, Norwood & Magill Road
Close to city bus routes via Payneham Road
Adjacent prestigious St. Peters & Walkerville
Zoned for East Adelaide Primary, Adelaide & Adelaide Botanic High Schools
Just 4kms East of the CBD