36 Rollison Road
Elizabeth Vale, SA 5112

Overview

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

Situated on a generous allotment of approximately 790 square meters in a rapidly growing and sought-after area, this property offers a remarkable opportunity for investors and developers alike. The substantial land size combined with dual access driveways at the front enhances the potential for subdivision or redevelopment, subject to council consent (STCC). This flexibility in layout and access makes the site highly attractive for those aiming to maximize the value and utility of the block.

The existing residence is designed for comfortable living or rental purposes, featuring three versatile bedrooms. The main bedroom includes a built-in robe, and there is an additional sectioned-off area that can serve as a home office or nursery, catering to various lifestyle needs. Comfort is assured throughout the year with gas heating, a combustion heater, and evaporative ducted cooling, providing an ideal indoor climate regardless of the season.

Outdoor living is well catered for with a thoughtfully designed entertaining area that includes a second combustion heater and ceiling fan, making it suitable for use in all seasons. For gardening enthusiasts or tenants requiring extra outdoor utility, a walk-in shade house adds valuable functionality to the property.

A standout feature of this property is the large 10 meter by 6 meter shed equipped with a mezzanine floor. This space offers excellent storage options, workshop capabilities, or appeal for tradespeople, which is increasingly desirable in the rental market.

Conveniently located within walking distance to Elizabeth Vale Primary School and just a short drive from Lyell McEwin Hospital, the property is well positioned to attract long-term tenants, particularly healthcare professionals and families. Nearby shopping amenities and transport links further enhance the investment appeal of this location.

This property presents a rare combination of solid construction, strong rental potential, and significant development opportunities, making it a compelling prospect in a rapidly evolving market.

Additional details include an estimated year of construction around 1961, brick wall construction, zoning classified as General Neighbourhood (GN), and an estimated rental return of approximately $520 to $540 per week. Local council is Playford, with council rates around $516 per quarter, water rates excluding usage approximately $180 per quarter, and an ESL levy of about $129 per annum. The property has easements but no encumbrances and is connected to sewerage.

Location