Auction Sat, 28th Feb - 2.30pm (USP)
One character bungalow, three self-contained homes, and more than 1000sqm of land spanning two street frontages - limitless possibilities on the leafy precipice of Adelaide's CBD.
Two dual-bedroom homes sit within the original bungalow, while a third one-bedroom abode sits semi-independently at the rear of this wonderfully wide-fronted allotment. Suddenly, those options are all beautiful in their own right…
Open the door to:
⁃ A once-in-a-generation Parkside holding defined by choice - one character bungalow, three self-contained dwellings and more than 1000sqm on a wide, parcel with frontages on Kenilworth Road and Macklin Street, just minutes from the CBD
⁃ A smart renovation play across three homes - refresh the two dual-bedroom residences within the original bungalow and the semi-detached one-bedroom home at the rear to unlock serious rental or multigenerational flexibility
⁃ A full reinvention into one substantial family residence - extend and reinstate the bungalow into a sprawling four-bedroom home, remove the rear dwelling and claim a huge backyard footprint rarely found this close to town
⁃ A blue-chip development opportunity - clear the site and explore the potential for one, two or three new homes, subject to council consent, on a parcel that rewards scale, frontage and position
⁃ Rare triple-income potential - three independent dwellings on one title deliver a rental profile almost unheard of in Parkside, ideal for investors chasing yield with long-term upside
⁃ A current approved planning application to split a 300sqm allotment from the rear (fronting Macklin Street) of the allotment
⁃ Land value that does not come around twice - a broad, leafy corner allotment with scope limited only by imagination, zoning and timing
Close the door on:
⁃ Settling for a single outcome - this is not a one-path property. Renovate, rebuild, develop, landbank or lease it out three ways. The choice stays yours
⁃ Compromised scale this close to the city - over 1000sqm on a wide corner allotment in Parkside is a rarity, not a given
⁃ Hunting for development-friendly land - the corner position, frontage and sheer land mass do the heavy lifting before a single line is drawn
Zoned for Parkside Primary School and Glenunga International High School, this tightly held Parkside pocket enjoys enduring demand. Add walkable retail at Frewville Foodland and Arkaba Village, proximity to parklands and swift city access, and the location underpins every future pathway this exceptional holding offers. Just think of the possibilities.
Certificate of Title - 5827/693
Council - Unley
Zoning - General Neighbourhood
Year Built - 1920
Land Size - 1002m² (approx.)
Total Build area - 283m²
Council Rates - $1,457.40 per year
SA Water Rates - $1,332.20 per year
Emergency Services Levy - $279.15 per year
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RLA 275403
