$781,000

3 Bed  •  1 Bath  •  6 Car  •  861m²

Main view of Homely house listing, 86 Cleveland Terrace, Ottoway SA 5013
Floorplan of Homely house listing, 86 Cleveland Terrace, Ottoway SA 5013
Second view of Homely house listing, 86 Cleveland Terrace, Ottoway SA 5013
+10

Sold

86 Cleveland Terrace, Ottoway SA 5013

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$781,000

  • 3
  • 1
  • 6
  • 861m²

House Sold on Wed 28 May, 2025

What's around Cleveland Terrace

House description

“Unlock the Potential – 861sqm (Approx.) with Development Opportunity!”

Set on a generous 861sqm (approx.) allotment, this 1950-built home offers a rare opportunity for those with vision. Whether you're a renovator eager to restore its charm or a developer looking to capitalise on the subdivision potential (subject to necessary consents and approvals), this property is ready for transformation.

The existing home comprises three bedrooms, a combined lounge and dining area, and a kitchen, providing a solid foundation for those keen to renovate. Over the years, a workshop, garage, and verandah have been added, but the home itself is in urgent need of repair, making it ideal for buyers looking for a project.

With over 53 metres in depth, this block presents excellent investment potential, particularly for those considering a hammerhead subdivision (STC). The ample space allows for creative redevelopment options while still maintaining a sizeable rear yard.

The location being just over ten minutes from the beach and just over 20 minutes to the CDB underpins your investment. Whether you're planning to renovate, rebuild, or subdivide, this is an opportunity not to be missed!

Specifications:
CT / 6287/71
Council / Port Adelaide Enfield
Zoning / GN
Built / 1950
Land / 861m2 (approx)
Frontage / 16.15m
Council Rates / $1,203.00pa
Emergency Services Levy / $141.20pa
SA Water / $176.57pq
Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools / Pennington School R-6, Alberton P.S, Woodville Gardens School Birth-6, Le Fevre Peninsula P.S, Woodville H.S
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Land details

Area: 861m²
Frontage: 16.15m²

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Contact the real estate agent

Peter Shizas

Harris Real Estate Kent Town

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86 Cleveland Terrace, Ottoway SA 5013
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