Ideally located less than 1km from the beach, train/bus station &/or Seaford Central Shopping Centre, on a flat, corner allotment, this property has loads of potential for future plans! Comprising of a modest 3-bedroom, 1 bathroom home, rented to long term tenants a new owner could continue to collect income while waiting for new development plans to be approved by council.
Features of the Land:
• Popular North/South aspect
• 733m2 approx in size
• 18m+ frontage
• No easements
• No encumbrances
• No time frame to build
• Choose your own builder
• Zoned Housing Diversity Neighbourhood
• City of Onkaparinga council
Features of the House:
• Built in 1973
• Brick veneer construction
• 3 bedrooms
• 1 bathroom
• Separate lounge
• Ducted evaporative cooling
• Kitchen with new stove
• Meal's area adjacent kitchen
• Internal laundry
• Covered side verandah
• Covered courtyard area
The current tenants have been in the property for 6 years & are paying $520 per week. Although they have a fixed lease until 22nd January 2026 they may consider leaving early with permission from all parties. The home itself does require TLC (mainly cosmetic ie carpets, paint, updating & some repairs in keeping with a property of this age) but is quite rentable/liveable (at a reflective price level) in its current condition.
First home buyers may see potential in renovating the home & moving in themselves although the higher value most likely lies in the opportunity to redevelop. Seaford is an area that is undergoing much development & rejuvenation & there are similar corner properties nearby (ie Lunn St) that have been populated with 3 attached/group dwellings around 2-3yrs ago. Any new purchaser would need to make their own inquiries in all matters with council prior to a purchase of course.
On the market now for very definite sale, any inspections will be by private viewing only & with adequate notice to the tenants.
Buyers Note: for tenant's privacy, no internal photos will be provided, but previous photos are still available online via google.
