86 Cleveland Terrace

Ottoway SA 5013

861 m²

House

Last sold for $781,000

Peter Shizas, last sold this property on 28 May 2025 after 63 days on market.

Overview

Unlock the Potential 861sqm (Approx.) with Development Opportunity!

Set on a generous 861sqm (approx.) allotment, this 1950-built home offers a rare opportunity for those with vision. Whether you're a renovator eager to restore its charm or a developer looking to capitalise on the subdivision potential (subject to necessary consents and approvals), this property is ready for transformation. The existing home comprises three bedrooms, a combined lounge and dining area, and a kitchen, providing a solid foundation for those keen to renovate. Over the years, a workshop, garage, and verandah have been added, but the home itself is in urgent need of repair, making it ideal for buyers looking for a project. With over 53 metres in depth, this block presents excellent investment potential, particularly for those considering a hammerhead subdivision (STC). The ample space allows for creative redevelopment options while still maintaining a sizeable rear yard. The location being just over ten minutes from the beach and just over 20 minutes to the CDB underpins your investment. Whether you're planning to renovate, rebuild, or subdivide, this is an opportunity not to be missed! Specifications: CT / 6287/71 Council / Port Adelaide Enfield Zoning / GN Built / 1950 Land / 861m2 (approx) Frontage / 16.15m Council Rates / $1,203.00pa Emergency Services Levy / $141.20pa SA Water / $176.57pq Estimated rental assessment / Written rental assessment can be provided upon request Nearby Schools / Pennington School R-6, Alberton P.S, Woodville Gardens School Birth-6, Le Fevre Peninsula P.S, Woodville H.S Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Features

3 bedrooms

1 bathroom

6 carspaces

861 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ottoway over the last 12 months, the estimated median property value of 86 Cleveland Terrace is $777.5k.

Median value

$777.5k

Estimated value range

$700k - $960.25k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Ottoway. 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 86 Cleveland Terrace

2025

Rented

Undisclosed

Leased on 24 Sep 2025 by For Sale By Owner Australia

2025

Sold

$781,000

Private Sale/Treaty on 28 May 2025 by Peter Shizas, of Harris Real Estate - Kent Town

2023

Sold

$550,000

28 Mar 2023 by Robert Kabacznik, of Exp Australia SA

Happy sellers in Ottoway

We have insufficient information to provide an overview of customer satisfaction for Ottoway. Viewing the agent profiles, reviews and sales for Ottoway can provide insights for this location.