SoldMay 28, 2025

86 Cleveland Terrace, Ottoway, SA, 5013

$781,000

3
1
6
861 m²

House

30+ days on the market

Sold: May 28, 2025

What's around 86 Cleveland Terrace

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

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