Set on a substantial allotment of approximately 2,540sqm with an impressive 31.7m frontage, this prime property in the heart of Old Reynella presents a rare and exciting development opportunity.
The existing residence comprises three bedrooms, a spacious lounge room, separate dining area, kitchen, ensuite, and main bathroom. The home offers the potential to be renovated and retained as part of the overall development.
Planning approval is already in place to retain the existing home on a Torrens Title allotment of approximately 521sqm at the front of the property, while developing six new homes at the rear.
Alternatively, take advantage of the generous landholding and create your own multi-dwelling development, subject to council consent.
The location offers outstanding convenience, with a wide range of amenities within walking distance, including local cafés and eateries, Foodland, the Crown Inn Old Reynella, St Francis Winery, Phoenix Crescent Park, public transport, and the Reynella Sporting Hub, home to local netball, cricket, football, tennis, and bowling clubs.
Families will appreciate the proximity to Reynella East College, Reynella Primary School, and Southgate Plaza, all located just a short three-minute drive away.
Property is subject to an HIA Order under section 32 of the Housing Improvement Act.
Specifications:
CT / 5483 / 112
Council / City of Onkaparinga
Zoning / TN - Township Neighbourhood
Land / 2540sqm (approx)
Built / 1930
Council Rates / $3,353.60 PA
ESL / $320.70 PA
