Generously Sized Site with Huge Development Potential!

The Details

Location: Adelaide Beaches, SA

Type: Residential - Future Development Site

Purchase Price: $760,000

Expected Rent: $660

Rental Yield: 4.5%

Vacancy Rate: 0.6%

25 mins from Adelaide CBD

Generous sized, perfectly flat lot /wide frontage / development potential. Either 3 or 4 lot subdivision

Recent sale of vacant land exact same size lot, zoning and inferior position (one block further back from beach) for $705,000

Rapidly gentrifying region

Perfect balance of lifestyle with near immediate access to beach and local shops