Two homes, one title and a serious long-game proposition - Unit 1 & Unit 2 at 33 Loch Lomond Drive bring immediate rental appeal and future development scope together across a substantial 1,008sqm allotment. Sold in one line, the pair gives investors the security of two neat, independently functioning homettes today, while holding onto a site with far bigger ambitions tomorrow. For buyers thinking beyond a single tenancy and towards a broader portfolio play, the numbers and the land both deserve attention.
Each residence follows a familiar two-bedroom format, with bright formal lounge rooms, spacious original kitchen and casual meals zones, built-in robes, tidy bathrooms and practical laundries. Unit 1 includes secure garaging, while Unit 2 adds a carport and an expansive rear verandah that stretches across the back of the home. Split-system air conditioning and generous outdoor areas further strengthen the set-and-forget credentials, making the pair comfortably rentable as they stand while you consider what comes next.
And that's the real prize here. With over 1,00sqm's beneath you, the site presents compelling redevelopment possibilities ranging from three Torrens Title townhouses through to a more ambitious six-dwelling unit outcome (STCC). Meanwhile, the location keeps the holding story strong: schools sit within walking distance, TTP is practically on the doorstep with cafés, retail and entertainment all close at hand, and the O-Bahn Interchange makes city commuting enviably easy. It's an investment that works now - with a future chapter that could work even harder.
Features you'll love:
- Dual-residence offering across a substantial 1,008sqm (approx.) allotment
- 2 self-contained homettes sold together in one compelling investment package
- Each residence featuring a light-filled lounge + separate kitchen/casual meals zone
- 2 bedrooms to each home, both equipped with BIRs
- Tidy bathrooms + practical laundries supporting straightforward rental appeal
- Split-system AC units adding everyday comfort; Unit 2 with ceiling fans throughout
- Unit 1 with secure single garage + Unit 2 with dedicated carport
- Expansive rear verandah to Unit 2 + generous outdoor areas across the site
- Excellent redevelopment scope for 3 Torrens Title townhouses or up to 6 unit dwellings (subject to council conditions)
Location highlights:
- A short walk to Modbury South Primary + Modbury High, as well as parks, playgrounds + sports ovals
- Bustling Tea Tree Plaza virtually on the doorstep for major retail, cafés + weekend entertainment
- Just 1km to the O-Bahn Interchange for fast public transport connections
- Swift access to Adelaide CBD by car along major arterial roads
Specifications:
CT / Unit 1 - 5036/995 / Unit 2 - 5036/996
Council / Tea Tree Gully
Zoning / HDN
Built / 1976
Council Rates / Unit 1 $1603.70pa / Unit 2 $1604.90pa
Emergency Services Levy / Unit 1 $117.35pa / Unit 2 $120.00
SA Water / Unit 1 $191.85pq / Unit 2 $191.85
Estimated rental assessment / (written rental assessment can be provided upon request)
Nearby Schools / Modbury South P.S, Modbury H.S
Disclaimer: 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. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 330069
