An appealing investment opportunity in a sought-after pocket of Hope Valley, this 880m² (approx.) allotment offers solid rental prospects along with potential for future development (STCC).
The solid 3-bedroom home is move-in ready or easily rentable, making it ideal for investors seeking strong holding value while planning ahead.
With its wide frontage, generous land size and prime suburban location close to schools, shops and transport, this property stands as a versatile offering - perfect for land banking, future subdivision or redevelopment, subject to council consent.
Hope Valley offers excellent lifestyle convenience, with a selection of well-regarded schools nearby including Torrens Valley Christian School, Highbury Primary and Modbury South Primary.
Daily amenities are easily accessible, with Westfield Tea Tree Plaza only minutes away, alongside local shops, medical centres, cafés and public transport links to the Tea Tree Plaza Interchange and CBD.
Residents also enjoy access to great outdoor spaces such as the Hope Valley Reservoir Reserve with its walking trails and picnic spots, as well as nearby Anstey Hill Recreation Park for more extensive hiking and nature activities.
Key Features:
- Large 880m² (approx.) allotment with future development potential (STCC)
- Solid 3-bedroom home offering immediate rental income
- Ideal for investors, developers or long-term land banking
- Wide frontage and flexible site layout options
- Positioned in a high-growth, amenity-rich Hope Valley location
Specifications:
CT - 5620/124
Built - 1971
Land - 880m2*
Frontage - 19.81*
Rental Appraisal - $550 - $600 per week
Council - Tea Tree Gully
As representatives of National Realty, we make every effort to gather accurate information for this advertisement. However, we cannot guarantee its accuracy, and we encourage all interested parties to visit the property and seek independent advice before making any decisions.
***The property is being offered to the market by way of Auction. The vendors are not releasing a price guide to the market.
We will be providing recent sales data for the area which is available upon request via email or at the open inspection.***
The Vendor's Statement will be available for inspection at The National Realty Office during the three business days immediately preceding the auction, and at the auction venue for 30 minutes prior to its commencement.
Nicholas Bucco ~ 0431 197 972
nicholas@national-realty.com.au
Paul Radice ~ 0414 579 011
paul@national-realty.com.au
RLA 277 720
