16 Lakeland Rd

Munno Para West SA 5115

1444 m²

House

Parm Singh, last sold this property on 07 November 2025 after 16 days on market.

Overview

Opportunity on a grand scale – 1,444 m² of prime land

Discover a rare landholding at 16 Lakeland Rd in Munno Para West. This generous 1,444 m² block gives you space, flexibility and future potential. The home is currently tenanted at $610 per week, with the tenant eager to stay long-term. This provides immediate cash flow while you explore the full potential of the land. Why you should act # Rare 1,444 m² land size in this suburb. # Three-bedroom home already in place, giving $610PW in rental return # Positioned in a growth suburb with 24.9% annual growth in past year. # Multiple car‐spaces (6 car spaces) allow for parking, development or subdivision possibilities # Huge rumpus which holds a lot of potential for creating dual income if you be creative. Your vision, your design Use the land to: # Build a new larger home while holding the existing dwelling. # Explore dual occupancy or upto five subdivision options (subject to council approval). # Secure a long-term investment in a well positioned location with generous land size. Location highlights Situated in Munno Para West, offering accessibility to key amenities and growth corridors. Land size gives you garden space, room for outdoor living, garaging, or further development. The house is built in 1985, offering a platform for refresh, renovate or redevelop. Current Home Features # Solid 3-bedroom family home # Spacious open-plan living and dining area # Functional kitchen with ample storage # Well-maintained interiors with scope to update # Generous backyard with shed and wide access # Secure parking for multiple vehicles Auction Details Please contact Parm Singh – Wemark Real Estate for bidding registration details or register online here: https://form.jotform.com/213008223647045 RLA286049 Disclaimer: This property is being offered for sale by auction, and the vendor's statement (Form 1) will be available for inspection at the agent's office for at least three business days before the auction, and at the auction for at least 30 minutes before it starts. All information provided has been obtained from sources believed to be accurate, however, we cannot guarantee its accuracy. Interested parties should make their own enquiries and seek independent advice before proceeding. Grass and landscaping in the images may have been digitally enhanced for visual presentation.

Features

3 bedrooms

1 bathroom

6 carspaces

2 carport spaces

2 open car spaces

2 garage spaces

1444 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Munno Para West over the last 12 months, the estimated median property value of 16 Lakeland Rd is $670k.

Median value

$670k

Estimated value range

$550k - $1.21m

Median days on market

Estimated value trend

12%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Munno Para West. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.