Subdivide, Develop or Invest - 790m² with Huge Upside (STCC)

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

Explore the area

School catchments

Elizabeth Vale Primary School Primary R-6 Government 0.29km
St Mary Magdalene's School Primary R-6 Catholic 1.5km
Salisbury Park Primary School Primary R-6 Government 1.5km
Salisbury Heights Primary School Primary R-6 Government 1.5km
Elizabeth Grove Primary School Primary R-6 Government 1.6km
Elizabeth South Primary School Primary R-6 Government 1.9km
Kaurna Plains School Combined R-12 Government 2.4km
Elizabeth East Primary School Primary R-6 Government 2.4km
Playford International College Secondary 7-12 Government 2.6km
St Augustine's Parish School Primary R-6 Catholic 2.7km
Pinnacle College - Elizabeth East Campus Combined R-12 Independent 2.8km
Salisbury High School Secondary 7-12 Government 3.1km
Tyndale Christian School Combined R-12 Independent 3.1km
Salisbury Primary School Primary R-6 Government 3.2km
Salisbury East High School Secondary 7-12 Government 3.3km
Salisbury North Primary School Primary R-6 Government 3.5km
St Thomas More School Primary R-6 Catholic 3.5km
Northern Adelaide Senior College Secondary 11-12 Government 3.7km
Brahma Lodge Primary School Primary R-6 Government 3.8km
Playford College Combined R-12 Independent 4.0km
St Patrick's Technical College Secondary 10-12 Catholic 4.0km
Paralowie School Combined R-12 Government 4.8km
Thomas More College Secondary 7-12 Catholic 5.2km
Hope Christian College Combined R-12 Independent 5.3km
Pinnacle College - Golden Grove Combined Independent 5.6km
Golden Grove High School Secondary 7-12 Government 5.6km
Pedare Christian College Combined R-12 Independent 5.7km

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.

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