An exceptional opportunity awaits developers, investors, and land bankers at 57-59 Donnington Road, located in the rapidly growing suburb of Elizabeth North. Offering scale, frontage, and immediate rental income, this is the type of property savvy buyers actively seek but rarely find.
Set on a substantial approx. 1,391sqm allotment with an impressive 27.5m frontage, the property comprises two semi-detached homes, generating a combined rental return of approximately $880 per week. The strong holding income provides the perfect opportunity to secure the site today while planning a future redevelopment.
With its generous land size and favourable frontage, the property offers outstanding development potential (STCC). Conceptually suited for three detached homes or up to four modern row dwellings, this site presents excellent scope to maximise returns in a market where new housing demand continues to rise.
Key Investment & Development Highlights
• Huge 1,391sqm allotment (approx.)
• Wide 27.5m frontage (approx.) - ideal for redevelopment
• Two semi-detached dwellings on the site
• Dual rental income of approx. $880 per week
• Potential development for 3 detached homes or 4 row dwellings (STCC)
• Strong holding income while you plan and obtain approvals
• Located in a high-demand growth corridor
Positioned close to shopping, schools, transport, and major amenities, the property benefits from easy access to key centres including Elizabeth and Salisbury.
Whether you are looking to develop immediately, land bank for the future, or secure a high-yield investment with development upside, this property ticks all the boxes.
Large development sites with dual income are becoming increasingly scarce - don't miss this outstanding opportunity.
Please contact JUGAL PATEL on 0449 740 286 to arrange the private inspection.
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. RLA 298 661
