Positioned in a highly sought-after location, this solid brick residence presents an outstanding opportunity for developers, investors, land bankers, or buyers looking to secure a substantial parcel of land with exciting future potential (subject to council consent).
Set on an expansive 758sqm (approx.) allotment, the property offers a wide frontage, extensive vehicle access, multiple garages and carports, and a flexible floorplan that provides immediate rental income or comfortable living while future plans are explored.
Whether you're considering redevelopment, subdivision potential (STCC), or constructing your dream project in a well-established neighbourhood, opportunities of this size and versatility are becoming increasingly rare.
Development Highlights:
* Generous 758sqm (approx.) landholding
* Excellent redevelopment or subdivision potential (STCC)
* Housing Diversity Neighbourhood - HDN
* Wide side access with multiple gates
* Ideal site for developers, builders, and investors
* Solid existing dwelling providing holding income potential
* Large rear yard with extensive undercover areas
* Convenient location close to schools, shopping centres, public transport, and local amenities
* Rare opportunity to secure a sizeable allotment in a high-demand area
Existing Home Features:
- 3 well-proportioned bedrooms, all with built-in robes
- Spacious lounge room filled with natural light
- Separate dining area adjacent to the kitchen
- Functional kitchen with ample storage and bench space
- Central family bathroom
- Separate WC for added convenience
- Large detached rumpus room/home office/workshop
- Multiple verandahs and pergola entertaining areas
- Ducted air conditioning
- Rainwater tank
- Extensive undercover parking
Vehicle Accommodation:
· Double-length garage
· Additional garage/workshop
· Two large carports
· Secure off-street parking for numerous vehicles, trailers, boats, or caravans
6 Henry Street, Modbury finds you only minutes on foot from the Tea Tree Plaza, The Modbury Hospital, schools, parks and of course the O'Bahn which will have you in the CBD in 20 minutes.
Investment Potential
The true value lies in the land. With a substantial 758sqm (approx.) allotment, flexible site layout and strong redevelopment appeal, this property offers an exceptional opportunity to unlock future value in a location where larger blocks are increasingly difficult to find.
Develop, invest, land bank or renovate – the choice is yours.
**All development opportunities and potential uses are subject to the necessary council consents and approvals.
Built: 1964
COUNCIL RATE：$468/quarter (approx)
SA WATER SUPPLY: $82.3/quarter (approx)
SA WATER SEWERAGE:$100.3/quarter (approx)
Emergency Services Levy: $141.65/annual (approx)
RLA: 272 867
*Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate however and we accept no liability for any errors or omissions – including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition or any other particulars. Interested parties should always make their own inquiries and obtain their own legal advice.
