Positioned on a substantial Torrens Titled allotment of approximately 824sqm with an impressive 24.43m (approx.) frontage, this versatile property presents an outstanding opportunity for investors, developers and land bankers seeking both immediate income and exceptional future upside.
Set within the General Neighbourhood Zone, the property offers exciting redevelopment potential (STPC), with scope to create multiple dwellings subject to the necessary approvals. As Adelaide's northern suburbs continue to evolve and demand for quality housing remains strong, opportunities of this scale and frontage are becoming increasingly difficult to secure.
The existing three-bedroom home provides valuable holding income while future plans are considered. Currently configured with an open-plan living and meals area, large kitchen, rear verandah, carport and garage, the residence offers a practical foundation for renovation, rental or redevelopment.
For investors, the combination of a large land holding and attractive future development prospects creates a compelling value proposition. Renovate and re-lease, retain as a long-term land bank, or maximise the site's full potential through subdivision and redevelopment (STPC).
Conveniently located close to Elizabeth City Centre, Fremont Park, schools, public transport and major services, the property enjoys strong appeal for both tenants and future owner-occupiers. Families are well catered for with Elizabeth Park Primary School nearby, while the broader Elizabeth and Munno Para precincts provide an extensive range of shopping, recreational and community facilities.
Whether you're looking to unlock development potential, secure a high-growth land holding, or add a value-packed investment to your portfolio, this is an opportunity not to be missed.
Key Features
- Torrens Titled allotment of approximately 824sqm
- Wide 24.43m frontage (approx.)
- General Neighbourhood Zone
- Potential for subdivision and redevelopment (STPC)
- Existing three-bedroom home providing holding income
- Strong appeal for investors, developers and land bankers
- Close to schools, shopping centres, parks and public transport
- Easy access to major arterial roads and surrounding suburbs
Large allotments with development flexibility and holding income are increasingly rare. Secure your position today and capitalise on the enormous potential this property has to offer.
DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion.
If a land size is quoted it is an approximation only. You must make your own enquires as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority.
Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.
RLA 46442
