174 Ridley Road
Elizabeth Grove, SA 5112

This property offers a prime subdivision opportunity on a substantial corner allotment of approximately 950 square meters, featuring an impressive frontage of about 36.33 meters. It presents outstanding potential for subdivision and development, subject to approval from the relevant council and authorities.

Whether you are an experienced developer or an owner-occupier seeking to maximize the value of a large landholding, this property provides flexibility and future growth prospects. The generous corner positioning and expansive frontage create a highly desirable foundation for various development possibilities.

Potential buyers can explore subdividing the land into multiple allotments, designing modern courtyard homes, or constructing spacious family residences tailored to contemporary market demands. The ample frontage and site dimensions offer flexibility rarely found in such a well-connected location.

For those interested in building their own residence while retaining long-term investment potential, this block presents an exciting opportunity to create a dream home with ample space to customize. The generous dimensions accommodate a variety of floorplan options, from expansive single-storey family homes with multiple living zones and large alfresco areas to modern double-storey designs that maximize space and street presence.

First home buyers may benefit from the South Australian Government First Home Owner Grant and potential stamp duty relief, offering savings of over $58,000, making the prospect of a brand new build even more attractive.

The property is conveniently positioned within walking distance to the local bus stop and directly opposite Ridley Reserve, providing open green space and recreational facilities. Nearby amenities include the Playford Tennis Centre, Elizabeth South Shopping Centre, and Elizabeth City Centre, all within easy reach.

Families will appreciate the close proximity to Elizabeth Grove Junior Primary School, approximately two minutes away, and Playford International College, around three minutes away. Lyell McEwin Hospital is only four minutes from the property, with the Adelaide CBD accessible in approximately 45 minutes.

Additional details include zoning as General Neighbourhood (GN), local council being the City of Playford, and annual council rates of approximately $1,790. Water rates excluding usage are approximately $705 per year. The property holds a Torrens Title (5068/171) with no easements or encumbrances. Gas and sewerage connections are available, while power is not connected.

Prospective purchasers are advised to review the Vendor's Statement (Form 1) prior to auction, which can be inspected at the Edge Realty office for three consecutive business days before the auction and for 30 minutes before the auction starts. The property is offered with no price guide and must be sold at auction.

Overall, this property represents a rare and valuable opportunity for development or building a custom home in a well-established and convenient location, offering significant potential for future growth and lifestyle benefits.