7 Greenwood Cres

Smithfield Plains SA 5114

91 m²

613 m²

House

Currently for sale - view listing

Overview

THE HOUSE ISN'T THE OPPORTUNITY — THE LAND IS.

7 Greenwood Crescent, Smithfield Plains If you're a developer, builder or investor searching for your next project, 7 Greenwood Crescent deserves a closer look. Set on approximately 613m², with an impressive 18.2-metre frontage and approximately 33.4 metres of depth, this is a property where the future potential of the land takes centre stage. The existing dwelling has sustained significant damage and, rather than dressing this one up as something it's not, we're looking at what could come next. With redevelopment already evident throughout Greenwood Crescent, and a number of properties along the street having made way for new homes on smaller allotments, this could be an opportunity to explore a similar path. Subject to the necessary consents and approvals, the site's dimensions may lend themselves to the creation of two allotments, giving the next owner several options to investigate. Demolish and divide. Build two new homes. Develop and hold. Or potentially create two individual allotments for future resale. For developers and builders, it's a straightforward proposition: start with the land and work backwards from what could potentially be achieved. PROPERTY HIGHLIGHTS • Approximately 613m² total landholding • Approximately 18.2m frontage • Approximately 33.4m depth • Potential for a two-allotment subdivision (STCC) • Existing dwelling has sustained significant damage • Regular-shaped allotment • Redevelopment already established throughout Greenwood Crescent • Opportunity for developers, builders and investors • Multiple potential options following subdivision and development, subject to approvals For the right buyer, this property isn't about what stands here today. It's about what you could put here tomorrow. If you've been searching for your next potential development site in Smithfield Plains, contact Damien Geyer for further information or to arrange an inspection. Important: All development and subdivision possibilities are subject to the necessary planning, council and other relevant consents and approvals. Land sizes and dimensions are approximate. Interested parties should undertake their own investigations and seek independent professional advice regarding the suitability of the property for their intended use.