An exceptional offering in the thriving suburb of Paradise, this rare and versatile property spans two separate titles with an expansive combined frontage of approximately 61m and a total landholding of 1,550m2 (approx.). Opportunities of this scale, flexibility and exposure are incredibly hard to find.
Whether you are an astute investor seeking immediate dual income or a developer ready to capitalise on a premium site, the potential here is truly limitless.
Zoned Urban Corridor (Business), the property opens the door to a wide range of development outcomes (STPC), including:
• Fully commercial or mixed-use developments
• Multi-storey residential projects (up to four levels)
• Office spaces or retail opportunities
• High-density residential or multi-dwelling developments
For investors, both dwellings offer the ability to generate rental income from day one while you plan your next move.
685 Lower North East Road - Character, Space & Lifestyle Appeal (Approx. 1,000m2)
Set on a generous allotment, this charming red brick cottage-style bungalow immediately impresses with its striking façade and beautifully manicured gardens.
Inside, the home offers:
• Three well-proportioned bedrooms
• A spacious dine-in kitchen complete with walk-in pantry
• Warm, character-filled interiors with plenty of natural light
Outdoors, the property truly shines with a large entertaining area perfect for hosting family and friends, while still leaving ample space for kids to play. At the rear, extensive storage provides room for vehicles, tools, or recreational equipment.
687 Lower North East Road - Comfort, Functionality & Flexibility (Approx. 550m2)
The second dwelling is equally appealing, offering a practical and well-designed layout suited for families or tenants.
Features include:
• Three bedrooms (built-in robes to bedrooms one and three)
• A generous separate lounge room
• Kitchen with adjoining dining area forming the heart of the home
• Newly installed freestanding gas cooktop
Additional highlights include a garage/workshop, carport, and a large undercover outdoor entertaining area - ideal for year-round use.
Location - Exposure, Convenience & Growth
Positioned in one of Adelaide's fastest-growing north-eastern corridors, this property benefits from exceptional exposure to approximately 40,000 passing vehicles daily - making it ideal for future commercial or mixed-use ventures.
Enjoy proximity to:
• Newton Shopping Centre
• Paradise Interchange
• Thorndon Park
• Local shops, cafes, and eateries
Endless Potential in a Prime Position
Secure this rare landholding and unlock a world of opportunity. Whether you develop, invest, or land bank for the future, this is a blue-chip offering in a location that continues to thrive.
A true "Paradise in Paradise" - opportunities like this do not come often.
*Please note that 685 Lower North East Road is currently tenanted. See tenancy details below:
Lease Type: Fixed
Lease End Date: 13/05/2026
Current Rent: $500 pw
For more information, contact Brijesh Mishra on 0430 140 905 or Monique Kingsada on 0402 041 637.
DISCLAIMER: We have in preparing this document using our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA 326547
