An outstanding opportunity awaits in a highly sought-after location, directly adjacent to South Coast District Hospital and within easy reach of the many lifestyle attractions Victor Harbor has to offer.
Set on a generous 693m² (approx.) allotment with an impressive 15.2m frontage and approximately 45.6m depth, this property presents an exciting range of possibilities for renovators, investors and developers alike.
The circa 1960 home comprises three bedrooms, a lounge, kitchen and bathroom and is now ready for a substantial renovation. Alternatively, the generous landholding and enviable location make this an ideal candidate for redevelopment, subject to the necessary council approvals.
Currently leased at $300 per week, the property provides an immediate rental return, with the current tenancy expiring on 28 January 2027. The tenant has expressed an interest in continuing beyond this date on a periodic arrangement through to 30 June 2027, providing potential flexibility for the new owner.
The location is a standout feature. With the hospital virtually on your doorstep and Encounter Lakes nearby, the property is also just a short distance from central Victor Harbor.
For those seeking lifestyle appeal, the lakeside beach and Boulevard Café on the Lake are approximately a five-minute walk away, while beautiful Kent Reserve and the beginning of the spectacular coastal walk along Franklin Parade are also close at hand. Follow the coastline towards The Bluff and connect with the renowned Heysen Trail along the dramatic Waitpinga cliffs.
Whether you're looking for your next renovation project, a strategic investment or a substantial site with future development potential, this property offers an exciting opportunity in one of Victor Harbor's most desirable locations.
Opportunities of this nature are increasingly hard to find inspection is highly recommended.
All development opportunities are subject to relevant planning and council approvals.
Specifications:
CT / 5316/698
Council / Victor Harbor
Zoning / WN
Built / 1960
Land / 693m2 (approx)
Frontage / 15.20m
Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools /Victor Harbor P.S, Victor Harbor 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 | 337539
