What a fantastic opportunity to secure an extremely versatile property in one of Gawler South's most prominent positions. Set along one of the area's busiest arterial roads, this strong character stone residence delivers an appealing combination of main road exposure, rear lane access, and flexibility across two separate titles.
The offering provides buyers with the option to secure the primary dwelling, with the ability to acquire the additional rear allotment, creating a broader holding with increased flexibility and future potential.
The home has previously achieved a gross residential rental return of approximately AUD $30,940 per annum and is subject to an outgoing periodic tenancy due to finish in late May. This provides immediate holding income together with flexibility for owner-occupiers, investors, or those seeking to reposition the asset.
In addition, the property has previously been utilised for serviced accommodation and NDIS accommodation, achieving gross income of approximately AUD $72,800 per annum. This demonstrates the property's capacity to support alternative accommodation-based uses, subject to required approvals and compliance.
The landholding is configured across two separate titles, with a combined site area of approximately 1,141sqm:
Allotment 96 (approx. 708sqm) improved with the existing dwelling, benefitting from strong frontage to Adelaide Road and rear access
Allotment 93 (approx. 433) a separately titled allotment offering additional flexibility as a standalone holding or in conjunction with the main site
Surrounded by established residential homes and local businesses, the site offers strong visibility and accessibility within a tightly held corridor. The dual-title configuration enhances the appeal, creating multiple pathways for owner-occupiers, investors and those seeking longer-term flexibility. The additional allotment provides a valuable option for purchasers, whether to support the existing dwelling by owners seeking expansion, storage or parking solutions (STCC).
This is a rare opportunity to secure a strategic property with character, proven income, and the option to expand your holding in a high-profile Gawler South location.
Title Ref: CT5826/831 and CT5731/852
Filed Plan: 153797 Allotment 96 and 153794 Allotment 93
Zone / Subzone: EN - Established Neighbourhood
Land Use: 1100 - House
All floorplans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified.
Magain Fielke Real Estate
RLA | 332590
