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51 Millicent Street

Athol Park SA 5012

4
2
3
201 m²
655 m²
House
Currently for sale - view listing

Overview

Develop, Subdivide or Land Bank - 655sqm Corner Site with Solid Rental Appeal!

*CONTACT AGENT FOR PRIVATE VIEWINGS* Positioned on a prominent corner allotment of approximately 655sqm, this solid brick residence presents an outstanding opportunity for developers, investors and land bankers looking to secure a site with genuine future upside. Whether you're looking to develop now, retain the existing home and generate rental income, or secure a strategic parcel of land for the future, this versatile property offers multiple pathways to create value. The corner configuration and generous land holding provide exciting scope for subdivision and redevelopment (STCC), making it an opportunity that is becoming increasingly difficult to find in Adelaide's western suburbs. The existing home is well suited as a long-term rental investment, offering three bedrooms plus a study/4th bedroom, two bathrooms, formal living areas and character features including hardwood timber floors and high ceilings. Comfortable and functional in its current condition, it provides the ideal holding property while future plans are considered. For investors, the appeal is clear-secure a substantial corner allotment in a growing location while benefiting from immediate rental income and future development flexibility. For developers, the site presents an exciting opportunity to unlock the full potential of the land and capitalise on ongoing demand for new homes in the area. Why You'll Love It -Approx. 655sqm corner allotment -Development and subdivision potential (STCC) -Ideal land banking opportunity -Solid brick construction -Strong long-term rental appeal -Three bedrooms plus study -Two bathrooms including ensuite to master -Hardwood timber flooring -High ceilings -Close to schools, shopping centres and transport -Multiple exit strategies for investors and developers A rare opportunity to secure a solid home today while unlocking the development possibilities of tomorrow. *We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified.*

Features

4 bedrooms
2 bathrooms
3 carspaces
1 open car space
2 garage spaces
201 m² floor area
655 m² lot size
House

Happy sellers in Athol Park

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

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

This is based on voluntary sentiment collected from 4 reviews in Athol Park over the last 12 months.

Local market activity for 4 bedroom houses in Athol Park

In the last 12 months, 3 four-bedroom houses similar to 51 Millicent Street, have been sold.

This represents a 50% decrease in four-bedroom houses sales when compared to the previous 12 months.

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