Set on a substantial 790m² (approx.) allotment in a high-demand growth corridor, this property presents an exceptional opportunity for savvy investors and developers.
With dual access driveways at the front of the property and a generous land holding, the site offers exciting potential for subdivision or redevelopment (STCC). Its layout and access flexibility make it particularly appealing for those looking to maximise the block's full potential.
The existing home is well-equipped for comfortable living or rental, featuring a versatile three-bedroom, including a built-in robe to Bedroom 1 and an additional sectioned-off space ideal for a home office or nursery. Gas heating, a combustion heater and evaporative ducted cooling assure year-round climate comfort. ,
Stepping outside, the property continues to impress with a well-designed outdoor entertaining area, complete with a second combustion heater and ceiling fan-perfect for all-season use. A walk-in shade house adds further functionality for gardening enthusiasts or tenants seeking extra outdoor utility.
A highlight is the substantial 10m x 6m shed with mezzanine floor, offering excellent storage, workshop space, or tradie appeal-an increasingly sought-after feature in the rental market.
Positioned within walking distance to Elizabeth Vale Primary School and just moments from Lyell McEwin Hospital, the property is ideally located to attract long-term tenants, particularly healthcare workers and families. Local shopping amenities and transport links are also nearby, further enhancing its investment credentials.
Offering a rare combination of solid construction, strong rental appeal, and outstanding development potential, this is an opportunity not to be missed in a rapidly evolving location.
Year Built - 1961 (approx.)
Wall Construction - Brick
Land Size - 790 m2 (approx.)
Floor Area - 106 sqm (approx.)
Zoning - GN - General Neighbourhood
Estimated Rental Return - $520-$540 p/w (approx.)
Local Council - Playford
Council Rates - $516 p/qtr (approx)
Water Rates (excluding usage) - $180 p/qt (approx.)
ESLevy- $129 p/a (approx)
Easement(s) - Yes
Encumbrance(s) - No
Sewerage - Yes
For further information, contact Thomas Korte 0488 840 390
To submit an offer on this home, please use the following link:
https://forms.monday.com/forms/fa31f010f50a4d39d25b629346c9120d?r=apse2
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Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
Ray White Gawler East | Angle Vale
RLA 327 615
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