PROPOSED ALLOTMENT 161 $1,200,000
PROPOSED ALLOTMENT 162 $1,200,000
ENTIRE SITE - $2,200,000
Positioned on the corner of two of Norwood's most recognisable streets, 123 Beulah Road presents an exceptional opportunity to secure a premium landholding in one of Adelaide's most tightly held blue-chip suburbs. With approval already in place to subdivide and build two new homes (STCC), this is a rare chance to unlock outstanding value in a location where demand for quality new residences continues to grow.
Occupying a prominent corner allotment, the property offers the flexibility to create two contemporary homes designed to capitalise on the prestige of this sought-after address. Whether you're a developer, investor or future owner looking to build side-by-side residences, the groundwork has already been laid for an exciting new chapter.
The existing c.1920s residence remains in near-original condition and provides comfortable accommodation while plans progress. Offering three bedrooms, separate lounge and dining rooms, and a generous kitchen, it also presents the option to renovate or lease in the interim (STCC), adding further flexibility to an already compelling proposition.
What truly sets this offering apart is its combination of location, scale and future potential. Opportunities to secure an approved subdivision in the heart of Norwood are increasingly scarce, particularly on a prominent corner site with the ability to deliver two brand-new homes tailored to modern lifestyles.
Beyond the boundaries, the lifestyle is every bit as impressive. Enjoy easy access to Norwood's renowned cafés, restaurants and boutique shopping along The Parade, while elite public and private schools, beautiful parks, and the Adelaide CBD are all just minutes away. Whether you're building to sell, invest or create two exceptional homes for generations to enjoy, this is an opportunity to secure a prized piece of Norwood's future.
FEATURES WE LOVE
• Already approved for subdivision with permission to build two new homes (STCC)
• Classic c.1920s residence positioned on a prized corner parcel in blue-chip Norwood
• Exceptional opportunity to renovate, redesign or rebuild (STCC) on a generous 577sqm (approx.) allotment
• Original character foundations with largely untouched interiors you can refurb + continue to rent out
• Traditional three-bedroom footprint with separate lounge + formal dining rooms
• Wide back verandah alfresco overlooking neat lawns + established fruit trees
• Handy garden/tool sheds out back
• Secure tandem garage/carport with roller doors
LOCATION
• A leisure stroll to The Parade's trendy cafés, restaurants + bars
• All your retail + boutique stores, major shopping/supermarkets options, as well as weekend entertainment all within walking distance
• Easy reach to excellent public + private schools, including Norwood Primary, St Ignatius' College, Marryatville High, Loreto, Pembroke + PAC
• Incredible city-fringe positioning, letting you walk or ride to the CBD's East End just 2.5km (approx.) from your door
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Burnside RLA 334844
Property Details:
Council | NORWOOD PAYNEHAM & ST PETERS
Zone | EN - Established Neighbourhood
House | 221sqm(Approx.)
Land | 577sqm(Approx.)
Built | 1920
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
