Offers closing 5th of November 12pm (unless sold prior)
686m² | 16.92m Frontage | Outstanding Development Potential (STCC)
Opportunities to secure a substantial parcel of land in tightly held coastal Largs Bay don't come along every day.
Set on an impressive 686m² allotment with a wide 16.92m frontage and approximately 40.54m depth, 18 Olive Street presents an exciting opportunity for builders, developers, investors or those looking to create their own new coastal home.
The existing residence has reached the end of its practical life and the property is being offered with land value firmly in focus.
The real opportunity lies in what comes next.
Whether your vision is to:
Create a substantial new family home with generous gardens and outdoor living
Explore the potential for redevelopment or subdivision, subject to council approval
Build one or more contemporary residences
Secure a valuable landholding for future development
Or simply land-bank in an increasingly sought-after coastal location
This is a property worthy of serious consideration.
A Lifestyle Location with Plenty on Your Doorstep
Largs Bay offers that increasingly sought-after combination of coastal lifestyle, established amenity and convenient access to Adelaide's western suburbs.
Enjoy easy access to the beaches and foreshore of Largs Bay and Semaphore, with Semaphore's vibrant beachfront, cafés, restaurants, shops and iconic foreshore attractions close by. The broader coastline offers kilometres of sandy beaches and a relaxed seaside lifestyle.
Just minutes away, Port Adelaide provides a fascinating mix of heritage, dining, shopping, markets, waterfront attractions and ongoing investment and development.
And when you want to venture further afield, you're well placed for West Lakes, Grange, Henley Beach and Adelaide's western coastline, with major road connections providing convenient access towards the CBD and northern suburbs.
The location is particularly appealing for buyers who want the best of both worlds - a relaxed coastal lifestyle without giving up city convenience.
The Opportunity
686m² approximately
16.92m frontage approximately
40.54m depth approximately
Existing dwelling offered essentially as a land-value opportunity
Potential redevelopment/subdivision opportunity subject to all necessary planning and development approvals
For developers and builders, this is a chance to secure a sizeable allotment in a location where coastal lifestyle, infrastructure and established amenity continue to drive buyer interest. (STCC)
For the astute homeowner, it could be the opportunity to replace the existing dwelling with something designed specifically for modern coastal living.
The land is the opportunity. The location is the lifestyle. What you create here is up to you.
Specifications:
CT / 5698/416
Council / Port Adelaide Enfield
Zoning / GN
Built / 1960
Land / 686m2 (approx)
Frontage / 16.92m
Council Rates / $pa
Emergency Services Levy / $pa
SA Water / $pq
Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools / Largs Bay School, Le Fevre Peninsula P.S, Ocean View P-12 College, Westport P.S, North Haven School, Le Fevre 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
