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26 Somerfield Avenue

Reynella SA 5161

3
1
4
100 m²
708 m²
House
Currently for sale - view listing

Overview

21m Frontage Investment & Development Potential in Established Reynella

Two Properties. One Bigger Vision. Your Next Investment Opportunity Awaits. 26 Somerfield Avenue, Reynella What if your next property purchase could offer more than just a home? What if it could be the starting point for a larger development, a strategic landholding or an investment designed to help build your financial future? Positioned in an established pocket of Reynella, 26 Somerfield Avenue presents an exciting opportunity for homeowners, investors and developers seeking land with options. Whether you're looking to secure a standalone property, explore redevelopment potential or plan your next investment, this is an opportunity worth investigating. But here's where things get even more interesting. The adjoining property at 26 Red Cedar Drive is also available for purchase, offering approximately 708m² of additional land. Acquire both properties and you could secure a combined landholding of approximately 1,426m², with frontage to both Somerfield Avenue and Red Cedar Drive. For developers with a bigger vision, combining the two sites may provide the opportunity to investigate a development concept of up to eight dwellings (STCC), potentially creating a larger project with greater flexibility than either property could offer individually. Whether your strategy is to develop and sell, create a rental portfolio or secure land for future development, the option to purchase one property or both gives you flexibility to pursue your investment goals. Of course, the ultimate development potential will depend on council planning requirements, site dimensions, access, services and all necessary approvals. Buyers are encouraged to undertake their own investigations. What You'll Love Exciting investment opportunity in established Reynella Opportunity to explore renovation, redevelopment or subdivision (STCC) Adjacent property at 26 Red Cedar Drive also available Approximately 708m² at 26 Red Cedar Drive, with a combined landholding of approximately 1,426m² Combined holding with frontage to both Somerfield Avenue and Red Cedar Drive Potential to investigate a development concept of up to eight dwellings across both properties (STCC) Appealing proposition for investors, developers and landbank buyers Convenient access to local shopping, schools, parks and public transport Flexibility to purchase 26 Somerfield Avenue individually or explore acquiring both sites Buy one. Think bigger with both. Invest in what comes next. Whether you're looking for your next investment or the opportunity to secure adjoining properties and explore a larger development, 26 Somerfield Avenue, Reynella could be the starting point for something much bigger. All development and subdivision opportunities are subject to planning approval and necessary consents (STCC). Purchasers should undertake their own investigations. RLA 274768 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.

Features

3 bedrooms
1 bathroom
4 carspaces
1 carport space
3 open car spaces
100 m² floor area
708 m² lot size
House

Happy sellers in Reynella

90%
90% of sellers in Reynella reported that their sale price either exceeded or met their price expectations.

Reynella stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Reynella over the last 12 months.

Local market activity for 3 bedroom houses in Reynella

In the last 12 months, 60 three-bedroom houses similar to 26 Somerfield Avenue, have been sold.

This represents a 10% increase in three-bedroom houses sales when compared to the previous 12 months.

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