Rare Corner Development Opportunity with Exciting Future Potential
KP Saini from Harcourts Luxe proudly presents 7 Parham Street, Elizabeth Downs - a rare corner opportunity offering flexibility, land value and exciting potential for the future.
Positioned on a generous 411sqm (approx.) corner allotment with dual frontage to Parham Street and Kentish Road, this property presents an exciting opportunity for developers, investors, renovators and astute buyers looking to secure a versatile site in Adelaide's northern suburbs.
The combination of its prominent corner position, dual street frontage and easement-free allotment provides an appealing platform for those looking to explore future redevelopment possibilities, subject to the relevant planning and council approvals (STCC).
For buyers who prefer to work with the existing property, the three-bedroom, one-bathroom residence provides another opportunity. Requiring some renovation and improvement, the home offers scope for buyers to add value, refresh the existing accommodation and create something of their own.
Key Features We Love
* 411sqm (approx.) corner allotment
* Three bedrooms | One bathroom
* Dual frontage to Parham Street and Kentish Road
* No easements
* Prominent corner position offering flexibility
* Potential redevelopment opportunities (STCC)
* Existing residence with renovation potential
* Opportunity to add value through improvement and renovation
* Services available to the site, including power, water, sewer and stormwater
* Ideal for developers, investors, renovators or land-bankers
* Located within the City of Playford
* Established residential location with owner-occupier and rental appeal
Property Specifications
* Address: 7 Parham Street, Elizabeth Downs
* Land: 411sqm (approx.)
* Dwelling: 3 bedrooms | 1 bathroom
* Year Built: 1962
* Council: City of Playford
* Easements: Nil
* Position: Corner allotment with dual street frontage
The Opportunity
For developers, the appeal lies in the combination of land size, corner positioning, dual frontage and no easements - offering a site worth investigating for future possibilities.
For investors, the property provides an opportunity to secure a versatile land asset in an established northern suburb.
For renovators or owner-occupiers, the existing residence offers the chance to undertake a project, improve the property and create value over time.
Whether your strategy is to redevelop, renovate, land-bank or build for the future, 7 Parham Street offers the flexibility to explore what could be possible.
A rare corner parcel with plenty of potential - come and see what the future could look like at 7 Parham Street.
All development, subdivision and future use opportunities are subject to the necessary planning, council and statutory approvals. Interested parties should make their own independent enquiries and obtain appropriate professional advice.
Location & Lifestyle
Shopping: The suburb has a local shopping centre, and a larger centre lies across Main North Road. The Elizabeth city centre precinct is close by, and Munno Para Shopping City is only minutes away, with major retailers, dining and essential services.
Schools: The suburb has two government primary schools, and Craigmore High School is just outside its northern boundary. Several other public, Catholic and independent schools are within easy reach.
Sport and recreation: The Argana Park sports precinct is home to football, rugby league, cricket and netball clubs, and the Smith Creek linear park runs through the suburb.
Community: The street is going through a rejuvenation, with a number of new homes built nearby.
Distance to the CBD: Elizabeth Downs is about 30 km north of the Adelaide city centre, in the City of Playford.
Why buy
• A corner allotment with 411m² of land at an accessible entry-level price point
• Move-in ready, with scope to add value through cosmetic updates
• Close to schools, shops, sport and everyday amenities
• An improving street with new builds
Disclaimer:
All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions. Interested parties should make their own enquiries and seek independent advice. Land dimensions, plans, and approvals are subject to final verification by the purchaser.
Contact:
Agent: Kritpal Saini
Ph: 0470 304 080
Email: kp.saini@harcourts.com.au
