Positioned on a highly visible corner allotment of approximately 685sqm, this property presents a standout opportunity for developers, investors, and value-add buyers seeking strong upside in a well-connected and consistently evolving northern suburb.
Set directly beside a school entrance—just metres away—this address offers exceptional day-to-day convenience while also strengthening long-term demand from both families and tenants.
A key highlight for investors is the secure income stream already in place. The property is currently leased at $800 per fortnight, with a fixed agreement running until the end of August 2026, providing immediate and reliable rental return from settlement.
The existing three-bedroom dwelling provides a basic yet functional layout and may be utilised as a holding investment, renovation project, or future redevelopment site. Buyers should note the property may require significant improvement and is best suited to those prepared to add value or explore redevelopment options, subject to council approval.
The corner positioning, generous land holding, and flexible access create strong future potential. Options may include constructing a new home, developing multiple dwellings, or reconfiguring the site (STCC), in line with ongoing redevelopment trends in the area.
📍 Location & Education Advantage
This property is exceptionally well positioned for families, with multiple schooling options all within close proximity:
Elizabeth Park Primary School – approx. 130m
St Thomas More School – approx. 560m
Taparra Primary School – approx. 780m
The combination of nearby schools, transport, shopping centres, and recreational facilities ensures strong ongoing rental demand and long-term capital growth appeal.
Key Features:
Approx. 685sqm corner allotment
Directly adjacent to school entrance
Three-bedroom duplex-style dwelling
One bathroom, one car space
Building size: Approx. 79sqm
Solid construction (circa 1960)
Floorboards throughout
Flexible side access
Strong development / subdivision potential (STCC)
5G mobile coverage available
Secure tenant in place
Investment Details:
Currently tenanted at $800 per fortnight
Fixed lease in place until end of August 2026
Immediate rental income from settlement
Additional Information:
Council: City of Playford
Year Built: 1960
Land Size: Approx. 685sqm
Building Size: Approx. 79sqm
This property ticks all the boxes: a quality tenant, a sought-after location, and future development flexibility (STCC). Whether you're looking to expand your portfolio or explore development potential, this is a rare offering you don't want to miss.
**Please Note: Photos and floor map used in this listing are from a previous campaign and may not reflect the property's current condition due to tenancy. Updated presentation may vary and will be evident during inspection**
📩 Submit Your Offer Now:
https://www.jotform.com/form/251458798455878
📞 Contact for any enquiries to:
Sachin Malik – 0424 485 546
Licensed Real Estate Agent – eXp Realty
RLA 332693 | RLA 300185
Disclaimer:
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
