Highlights

Sold Price : $960,000
Sold Date : 2023-12-11

DEVELOP, divide, renovate & CONQUER! Prized CORNER allotment.

Discover the potential at 975 Stebonheath Road, Munno Para Wes, a sprawling 2037sqm corner allotment with a remarkable 4-bedroom, 2-bathroom family home. This significant parcel of land offers the perfect canvas for a lucrative development project.

Situated in a highly sought-after family friendly suburban area, surrounded by new homes and development, this property boasts walking distance convenience to local public and private schools, public transport, shops, and immediate northern connector access for a quick 28-minute commute to Adelaide CBD or a 20-minute drive to the scenic Lefevre Peninsula and Adelaide's beautiful beaches.

The generous 2037sqm corner allotment provides a golden opportunity for subdivision into 4 separate allotments and titles, while retaining the existing family home. This allows for a profitable development venture.

The well-maintained 4-bedroom home, constructed in 1985, is move-in and rent-ready. The open, free-flowing floorplan ducted reverse cycle air-conditioning, renovated kitchen, and modestly improved bathrooms make it an attractive prospect for immediate occupancy.

If you're a savvy investor looking to minimize holding costs and development expenses by residing in the home or renting it out, a mom-and-pop renovator team seeking the perfect project, or a blended larger family yearning for a communal space with farming potential – this property offers endless possibilities and profits.

With easy access to the northern connector, commuting to Adelaide CBD is a breeze. Enjoy the best of both worlds – the tranquility of suburban living and the vibrant energy of the city just minutes away.

Seize this incredible opportunity to subdivide and conquer or create a haven for your blended family. This property is not just a home; it's a canvas for your vision and dreams. Act now, as opportunities like these are rare!

Don't miss out on this wonderful opportunity to make 975 Stebonheath Rd Munno Para West your profitable project or forever family home.

We look forward to seeing you at our next open home and making helping make your property aspirations come true.

RLA 300 185 | 313 173

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify and ensure the accuracy of the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this.