Say hello to a St Morris offering that's anything but ordinary. Spanning two adjoining allotments and approximately 1,771.7 sqm* in total, 285 and 287 Glynburn Road are being offered together, combining a substantial character residence with four separately leased units to create a unique investment and landholding opportunity in Adelaide's tightly held eastern suburbs.
Sitting on approximately 890.75 sqm*, 285 Glynburn Road brings plenty of character to the equation. Behind its stone-fronted façade and wraparound verandah, the three-bedroom home retains an impressive collection of original features, from decorative ceilings and polished timber floors to stained glass, fireplaces and generous room proportions. The formal lounge makes an immediate statement, while a second living area, dining space and kitchen provide plenty of room to work with.
All three bedrooms are generously proportioned, with the main also featuring built-in storage. A central bathroom, separate laundry and additional WC complete the home's practical spaces, while outside, established gardens surround the residence and extensive off-street parking adds another layer of functionality.
Next door, 287 Glynburn Road occupies approximately 881 sqm* and comprises four self-contained two-bedroom units. Each follows a similar practical layout with two bedrooms, living area, kitchen and meals space, bathroom and laundry, creating four established residential tenancies within the one holding. All four units are currently secured by fixed-term leases, offering an existing income stream from day one.
Importantly, the carports servicing the units at 287 Glynburn Road are positioned within the 285 Glynburn Road allotment, with the two properties therefore being presented together as one combined sale.
Across both allotments, there's approximately 1,771.7 sqm* of land to work with, along with the versatility of an existing character home and four income-producing units. Whether viewed as a substantial addition to an investment portfolio, a long-term landholding or an opportunity to explore what the combined site could offer into the future, this is the kind of proposition that rarely fits neatly into one box.
And then there's St Morris. Positioned in Adelaide's sought-after eastern suburbs, the address places everyday shopping, cafés, schools and public transport within easy reach, with Norwood, The Parade, Burnside Village and the Adelaide CBD all conveniently accessible.
Unit 1 is on a fixed term lease for $375 per week
Unit 2 is on a fixed term lease for $395 per week
Unit 3 is on a fixed term lease for $395 per week
Unit 4 is on a fixed term lease for $350 per week
Check me out
— Two adjoining allotments offered together as one sale
— Approximately 1,771.7sqm* of combined land
— 285 Glynburn Road positioned on approximately 890.75sqm*
— Character three-bedroom residence with generous proportions
— Formal lounge plus additional living and dining spaces
— Original character features including decorative ceilings, stained glass and timber floors
— Established gardens and extensive off-street parking
— 287 Glynburn Road positioned on approximately 881sqm*
— Four self-contained two-bedroom units
— Each unit with living area, kitchen/meals, bathroom and laundry
— All four units currently secured by fixed-term leases
— Existing multiple income streams within the combined holding
— Substantial eastern suburbs landholding with exciting long-term potential
— Convenient access to Norwood, The Parade, Burnside Village and Adelaide CBD
— And so much more...
Specifications:
CT // 5582/105 & 5804/768
Built // 1973
House // 245 sqm*
Unit 1, 2, 3 & 4 // 73 sqm*
Land // 1771.7 sqm*
Council // City of Norwood, Payneham & St Peters
Nearby Schools // Trinity Gardens School, Norwood International High School, St Joseph's School - Tranmere, Pembroke School, Mary MacKillop College
On behalf of Eclipse Real Estate, we strive to provide accurate information in this listing. However, the accuracy of this information cannot be guaranteed, and we encourage interested parties to view the property and seek independent advice.
Should this property be scheduled for auction, the Vendor's Statement may be inspected at The Eclipse Office for three consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
Michael Viscariello – 0477 711 956
[email protected]Julio Musolino – 0412 190 072
[email protected]RLA 277 085.
