16 Lakeland Road, Munno Para West SA 5115

Discover a rare landholding at 16 Lakeland Rd in Munno Para West. This generous 1,444 m² block gives you space, flexibility and future potential.

The home is currently tenanted at $610 per week, with the tenant eager to stay long-term. This provides immediate cash flow while you explore the full potential of the land.

Why you should act

# Rare 1,444 m² land size in this suburb.
# Three-bedroom home already in place, giving $610PW in rental return
# Positioned in a growth suburb with 24.9% annual growth in past year.
# Multiple car‐spaces (6 car spaces) allow for parking, development or subdivision possibilities
# Huge rumpus which holds a lot of potential for creating dual income if you be creative.
Your vision, your design

Use the land to:
# Build a new larger home while holding the existing dwelling.
# Explore dual occupancy or upto five subdivision options (subject to council approval).
# Secure a long-term investment in a well positioned location with generous land size.

Location highlights
Situated in Munno Para West, offering accessibility to key amenities and growth corridors. Land size gives you garden space, room for outdoor living, garaging, or further development. The house is built in 1985, offering a platform for refresh, renovate or redevelop.

Current Home Features

# Solid 3-bedroom family home
# Spacious open-plan living and dining area
# Functional kitchen with ample storage
# Well-maintained interiors with scope to update
# Generous backyard with shed and wide access
# Secure parking for multiple vehicles

Auction Details

Please contact Parm Singh – Wemark Real Estate for bidding registration details
or register online here: https://form.jotform.com/213008223647045

RLA286049
Disclaimer:
This property is being offered for sale by auction, and the vendor's statement (Form 1) will be available for inspection at the agent's office for at least three business days before the auction, and at the auction for at least 30 minutes before it starts. All information provided has been obtained from sources believed to be accurate, however, we cannot guarantee its accuracy. Interested parties should make their own enquiries and seek independent advice before proceeding. Grass and landscaping in the images may have been digitally enhanced for visual presentation.