Back 8 Reynold Street
Off Market

8 Reynold Street

Morphett Vale SA 5162

3
1
2
244 m²
612 m²
House
Last sold for $725,000
Sachin MalikSachin Malik, last sold this property on 24 August 2025 after 55 days on market.

Overview

Tenanted & Subdividable – Prime Opportunity For Investors & Developers.

Sachin Malik from eXp Realty proudly presents this "Old but Gold" gem in one of the south's most in-demand suburbs – Morphett Vale. Built in 1973, and positioned on a prime 612m² (approx.) north-facing allotment with an impressive 18.3m frontage, this well-maintained family home is packed with potential – whether you're an investor, developer, or future homeowner. With no easements on the property and a flexible periodic lease at $550/week, this is a secure set-and-forget investment in a booming southern corridor with a potential of future granny at the back( STCC) 🏠 Key Features: Generous 612m² block with 18.3m wide frontage North-facing entry – ideal orientation for natural light and design flexibility Subdivision potential (STCC) – create two blocks and double the opportunity Solar Panels One massive car port for multiple car parks Massive storage as couple of Sheds at the back Secure front yard with fully fenced boundary and gated driveway – perfect for privacy, safety, and peace of mind Leased at $550/week – with a long-term tenant keen to stay 3 spacious bedrooms, two with built-in robes Separet study nook Two living zones – open plan lounge + oversized family room Dedicated home office/study space Updated kitchen with dishwasher & ample storage Gas heating & ducted evaporative cooling Roller shutters throughout for security and energy efficiency Outdoor entertaining area – all-weather usability Massive rear shed/workshop with power + secure carport Low-maintenance landscaping & plenty of off-street parking No easement – rare advantage for developers or future plans **Potential of Granny Flat at the back- Solid Future Return ( Subject to Council Approval) 💵 Investor Snapshot: Current Rental Income: $550/week (periodic lease) New Rental Appraisal : $600 weekly (Available on request) Approx. Annual Outgoings: Council Rates: $1,600/year( Approx) Sewerage: $300/year (Approx) Building Insurance: $700/year (Varies) ** Interested buyers can ask for a periodic lease showing current rent and a new rental appraisal can be provided on request. 📍 Location Highlights: Quiet, family-friendly street with strong owner-occupier presence Zoned for Wirreanda Secondary School Close to Flaxmill & Pimpala Primary Schools Minutes to childcare centres and early learning 5 mins to Colonnades Shopping Centre Public transport, parks & walking trails nearby Just 10 minutes to southern beaches Only 30 minutes to Adelaide CBD via the Southern Expressway This property ticks all the boxes: a quality tenant, a sought-after location, and future development flexibility (STCC). Whether you're looking to expand your portfolio or explore development potential, this is a rare offering you don't want to miss. **Please Note: Photos and floor map used in this listing are from a previous campaign and may not reflect the property's current condition due to tenancy. Updated presentation may vary and will be evident during inspection** 📞 Enquire Today – Rare Opportunity with Future Upside! 👉 Submit Your Offer: Submit Here: https://www.jotform.com/form/251458798455878 📱 Contact Sachin Malik – 0424 485 546 🏡 Licensed Real Estate Agent – eXp Realty RLA 332693 | RLA 300185 Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
244 m² floor area
612 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Morphett Vale over the last 12 months, the estimated median property value of 8 Reynold Street is $770k.

Median value
$770k
Estimated value range
$582k - $1.16m
Median days on market
22
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Morphett Vale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8 Reynold Street

2025
Sold
$725,000
24 Aug 2025 by Sachin Malik, of Exp Australia SA
2015
Sold
$310,000
Private Sale/Treaty on 27 Feb 2015 by Sean Crawshaw, of Wine Coast Real Estate

Happy sellers in Morphett Vale

97%
97% of sellers in Morphett Vale reported that their sale price either exceeded or met their price expectations.

Morphett Vale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Morphett Vale over the last 12 months.

Local market activity for 3 bedroom houses in Morphett Vale

In the last 12 months, 285 three-bedroom houses similar to 8 Reynold Street, have been sold.

This represents a 3% increase in three-bedroom houses sales when compared to the previous 12 months.

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