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51 Millicent Street,
Athol Park 5012, South Australia
$980,000
Property details
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Agents
Develop, Subdivide or Land Bank - 655sqm Corner Site with Solid Rental Appeal!
Whether you're looking to develop now, retain the existing home and generate rental income, or secure a strategic parcel of land for the future, this versatile property offers multiple pathways to create value. The corner configuration and generous land holding provide exciting scope for subdivision and redevelopment (STCC), making it an opportunity that is becoming increasingly difficult to find in Adelaide's western suburbs.
The existing home is well suited as a long-term rental investment, offering three bedrooms plus a study/4th bedroom, two bathrooms, formal living areas and character features including hardwood timber floors and high ceilings. Comfortable and functional in its current condition, it provides the ideal holding property while future plans are considered.
For investors, the appeal is clear-secure a substantial corner allotment in a growing location while benefiting from immediate rental income and future development flexibility. For developers, the site presents an exciting opportunity to unlock the full potential of the land and capitalise on ongoing demand for new homes in the area.
Why You'll Love It
-Approx. 655sqm corner allotment
-Development and subdivision potential (STCC)
-Ideal land banking opportunity
-Solid brick construction
-Strong long-term rental appeal
-Three bedrooms plus study
-Two bathrooms including ensuite to master
-Hardwood timber flooring
-High ceilings
-Close to schools, shopping centres and transport
-Multiple exit strategies for investors and developers
A rare opportunity to secure a solid home today while unlocking the development possibilities of tomorrow.
*We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified.*
Explore the area
School catchments
- St Patrick's School Primary R-6 Catholic 0.79km
- Pennington School R-6 Primary R-6 Government 1.1km
- Woodville Gardens School Birth-6 Primary R-6 Government 1.1km
- St Joseph's School Primary R-6 Catholic 1.1km
- Ngutu College Combined R-11 Independent 1.3km
- Sports College South Australia - The Parks Campus Secondary Independent 1.3km
- Mount Carmel College Primary Campus Primary Catholic 1.8km
- Mount Carmel College Secondary Campus Secondary R-12 Catholic 2.0km
- Woodville High School Secondary 7-12 Government 2.0km
- Sports College South Australia - St. Clair YMCA Recreation Centre Secondary Independent 2.1km
- Challa Gardens Primary School Primary R-6 Government 2.7km
- Whitefriars School Primary R-6 Catholic 2.7km
- Alberton Primary School Primary R-6 Government 3.0km
- Woodville Primary School Primary R-6 Government 3.0km
- St Margaret Mary's School Primary R-6 Catholic 3.5km
- Our Lady Queen of Peace School Primary R-6 Catholic 3.5km
- Indie School Port Adelaide Campus Secondary Independent 3.7km
- Hendon Primary School Primary R-6 Government 3.9km
- Adelaide Secondary School of English Secondary Government 4.0km
- St Brigid's School Primary R-6 Catholic 4.0km
- Kilkenny Primary School Primary R-6 Government 4.0km
- Portside Christian College Combined R-12 Independent 4.4km
- Australian Islamic College Adelaide Combined R-12 Independent 4.5km
- Seaton High School Secondary 7-12 Government 4.9km
- St Michael's College - Primary Campus Combined Catholic 5.0km
- Findon High School Secondary 7-12 Government 5.0km
- Findon High School - Findon Technical College Secondary Government 5.0km
- Le Fevre High School Secondary 7-12 Government 5.5km
- Our Lady of the Sacred Heart College Secondary 7-12 Catholic 5.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
Find out how much home loan repayments will be
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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Floorplan
Contact Alex Ghinis
Contact Alex Ghinis
Alex Ghinis
51 Millicent Street, Athol Park SA 5012
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Alex Ghinis
51 Millicent Street, Athol Park SA 5012