84-86 Barracks Rd, Hope Valley — a sprawling property in the midst of suburbia

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SET within the coronary heart of suburbia, and simply 15km from the CBD, a Mediterranean-style dwelling in Hope Valley not solely gives an expansive inside however sits on greater than 1.5ha of land that might now all be yours.

The foothills property at 84-86 Barracks Rd, Hope Valley, contains a two-storey resort-style villa with an inground pool and diving board — all on a sprawling 6300 sqm block which adjoins a picturesque reserve subsequent door.

Promoting agent Charles Clemente of LJ Hooker St Peters/Glynde/Adelaide Metropolis calls the property “a chief land holding” and the sale a “spectacular alternative”, topic to obligatory consents.

“It’s very uncommon to seek out one thing of this dimension. It’s uncommon for Hope Valley and anyplace actually,” Mr Clemente says.

Believed to have been constructed by a Greek gentleman within the eighties, the house owners have had the property for about 15 years and wish to downsize, therefore the sale, Mr Clemente says.

Simply new to the market, Mr Clemente says curiosity has been robust and are available from a broad vary of consumers.

“Persons are taking a look at upgrading the house, working companies with vehicles or vehicles, and others are taking a look at growing the location,” he says.

“The council says you are able to do 300sqm blocks, so that offers you 21 blocks however you then’d additionally want roadways and issues like that.

“Some individuals are additionally trying into subdividing the location into 10 to 14 blocks and holding the home, or two and three houses within the entrance part and holding the remainder of it.

“There are many concepts.”

Mr Clemente says curiosity has additionally come from so far as Victoria.

“I’ve acquired one purchaser coming down subsequent weekend, they’re taking a look at holding it for themselves after which growing the location afterward,” Mr Clemente says.

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The home itself, which has a retro really feel and is in want of upgrading, gives some 550sqm of residing area, and Mr Clemente says events have thought of chipping in with members of the family to purchase the property and residing collectively.

“Upstairs is a master suite with an ensuite, a walk-in wardrobe and a mother and father’ retreat,” he says.

“There are 4 residing areas, you could possibly simply have two to a few households residing there.”

The house additionally has one other three bedrooms on the decrease stage, a full-size rest room, a spacious kitchen overlooking a meals space and a big laundry with direct entry outdoors.

Dwelling areas comprise a eating space, a lounge with a built-in bar, a sunken lounge and a big rumpus.

Exterior is a pergola, an extra shade space, two garages (one with an workplace), and a bathroom.

“You’ll be able to actually unfold out on the land,” Mr Clemente says.

“One man on the open walked down the lengthy driveway and I stated to him ‘you’ve gotten a bonus with that as a result of you’ll be able to see who’s coming and have a espresso prepared and ready for them by the point they get to the home’.”

Positioned 15km from Adelaide CBD, and handy to high quality native colleges, close by Tea Tree Plaza, transport and different facilities, Mr Clemente describes the property as an “idyllic household way of life property.”

“This can be a as soon as in a lifetime alternative,” he says.

The property is being marketed with no worth information with an ‘Expressions of Curiosity’ marketing campaign closing on Tuesday, August 21, at midday.

“It’s too exhausting to provide a information, it’s price completely different quantities for what folks wish to do, everybody has completely different alternatives,” Mr Clemente says.

Hope Valley has a median home worth of $399,500, based on CoreLogic.

Supply hyperlink – https://www.information.com.au/finance/real-estate/adelaide-sa/heres-your-chance-to-live-large-in-the-heart-of-suburbia/news-story/58c11c2586b5183dcf004f60c89advert25c

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