18 Colbert Rd, Christies Beach, SA, 5165

For Sale

18 Colbert Rd, Christies Beach, SA, 5165

$1,150,000 - $1,200,000

860 m²

House

•

30+ days on the market

What's around 18 Colbert Rd

Income Today. New-Housing Opportunity Tomorrow. (STCC)

With Australia’s negative-gearing concessions being redirected toward new homes that genuinely add to housing supply, substantial development sites like this are likely to attract renewed investor attention. Positioned on approximately 863m² with an impressive 24m frontage, this solid double-brick home combines immediate rental income with multiple pathways for creating new housing in one of Adelaide’s most popular coastal suburbs. Currently leased at $625 per week, investors can collect income while investigating the site’s future potential. Two Compelling Development Pathways (STCC) Option 1 — Retain, Subdivide and Build Retain the existing income-producing home and explore a hammerhead subdivision creating a separate rear allotment for a brand-new investment dwelling. This pathway could allow an investor to: • Preserve the existing $625-per-week rental income • Avoid the cost of demolishing a sound double-brick home • Create an additional dwelling and potentially a separate title • Increase the number of homes on the site • Potentially access the tax treatment available to eligible new housing investments Option 2 — Redevelop for Multiple New Homes With its approximately 24m frontage and deep, usable footprint, the allotment may also suit a knock-down redevelopment incorporating two or more new dwellings. Under the Government’s announced negative-gearing reforms, replacing one established home with multiple new dwellings is specifically recognised as development that genuinely adds to housing supply. Whether your vision is two premium coastal residences, a duplex-style project or another multi-dwelling design, this site provides the frontage and land area needed to investigate the possibilities. The Existing Home • Three well-proportioned bedrooms • Generous lounge • Open kitchen and dining area • Wide verandah for relaxed outdoor living • Double carport • Separate garage with roller door • Solid double-brick construction • Sitting tenant returning $625 per week The Land • Approximately 863m² • Wide frontage of approximately 24m • Deep and highly usable allotment • Potential hammerhead subdivision opportunity • Potential multi-dwelling redevelopment site • Glimpses of sea views • Existing rental income while plans and approvals are explored Positioned for Australia’s New Investment Landscape. From 1 July 2027, negative gearing will generally be directed toward eligible new residential construction that adds to Australia’s housing supply. Investors in qualifying new homes may continue deducting rental losses against other income and may also receive a choice of CGT treatment under the announced reforms. That makes sites capable of producing an additional dwelling—or replacing one home with multiple new homes—particularly worthy of consideration. 18 Colbert Road offers exactly that opportunity: income now, substantial land and a genuine pathway toward creating new coastal housing. Located approximately 30 minutes south of Adelaide via the Southern Expressway and only minutes from the beach, cafés, schools, shopping, parks and recreational facilities, the property is positioned to support strong tenant and owner-occupier demand. Secure the land today. Collect the rent. Plan the next stage. Development, subdivision and eligibility for taxation concessions are subject to all necessary consents, final legislation and individual financial and taxation advice. Belle Property Unley RLA 285 137