Walker & Keipert Real Estate

1-4/11 Bray Avenue , SEMAPHORE PARK

Sold For $550,000 August 22, 2014
  • Property ID: 61637620
  • Bedrooms: 3
  • Bathrooms: 1
  • Property type: HOUSE
  • Building size:
  • Garage: 1
  • Listing type: SOLD

Great site with division approval

5 Roomed home with potential
Block 1416M2
1. Complete development and end up with your own home at a fraction of cost.
Outstanding costs to Title
Development application commission (open plan fee 3 additional titles) $18,450
Zina Stacey (to finish survey including pegs) $3,600
SA Water Approx Quote 4 years ago ring them for update $4,000
Land titles fees $1613
Lawyer fee to do article etc Standard $300 to $400
Ke Huppatz Conveyancers fees Lodge as a whole $550
net total to complete division $28,533

Plus site costs also adjust following for anything you can do
Demolish house $7 to $20k depending on what you get for Salvage
Storm Water $20k Approx
Drive depending on asphalt brick or concrete $20K $25k $30k
2. Do development and take all profit.
3. Buy and hold with rent on house approximately $290 pw with price of seas side properties and St Clair sales you may do substantially better than inflation.
3. Do your own redevelopment SCC.
4. Extent house or rebuild to your own taste SCC on 1416M2 block one of the largest in area


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I found Walker& Keipert real-estate extremely knowledgeable and very helpful . Therefore: I would like to thank them for excellent effort toward the sale of our home.

- Adam B

I found Walker and Keipert Real Estate, extremely knowledgeable and very helpful when selling our Hendon home. they achieved the price promised with determination and without any exaggeration. Open and honest communication was the determining factor when choosing them to sell our home . Andrew delighted vendor ,Hendon

- Andrew B

We liked Bruce's appreciation of the quality of the property. We were putting on the market and priced it accordingly resulting in a good return. property sold quickly at a good price with low commission & marketing, giving a higher return overall. Well done Walker & Keipert Roy D NB. We obtained $20,000 higher than other agent quoted advertising price. Bruce Walker

- Roy D