Two Homes, One Title - 919.62 sqm (approx.) of Pure Coastal Potential

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73-75 Yongala Street, Taperoo SA 5017

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$950k - $1.05M High Confidence Calculated based on strong search observations.

House 6 Beds 2 Baths 8 Cars 919 m²

Listed: 3 hours ago

Overview

Set on an expansive 919.62 square meter allotment in the thriving coastal suburb of Taperoo, this unique property offers two established homes on one certificate of title, presenting exceptional versatility and significant potential. This substantial landholding in a sought-after seaside corridor represents a rare opportunity for various types of buyers.

The property stands out as a prime option for developers seeking a substantial parcel with possible scope for multi-site redevelopment, subject to planning approvals. It provides a valuable canvas to subdivide and create modern homes or contemporary terrace housing designed to meet the increasing housing demand on the Lefevre Peninsula.

Investors will appreciate the dual-income potential of the two homes under one title, with streamlined outgoings and the absence of strata fees. One residence is currently tenanted until March, providing immediate holding income and the flexibility to either lease both properties, renovate for capital growth, or prepare for future subdivision.

For owner-occupiers or extended families, the arrangement offers a flexible lifestyle rarely available at this price point. This setup allows for comfortable multigenerational living with independence and privacy, or the opportunity to live in one home while the other assists in mortgage payments through rental income.

The location delivers strong long-term appeal, bolstered by significant infrastructure investment and a premier maritime lifestyle. Situated adjacent to the Osborne Naval Shipyard, this site is well-positioned to benefit from the multi-billion-dollar AUKUS submarine project, fueling workforce expansion and heightened rental demand in the area. Lifestyle enthusiasts will enjoy proximity to the North Haven Marina, with its waterfront dining, boat ramp, and yacht club amenities.

Access to Taperoo Beach, nearby train connections for easy CBD commuting, reputable local schools like Ocean View P-12 College, and vibrant hospitality precincts at Semaphore Road and historic Port Adelaide complete the lifestyle offering. This balance of immediate revenue and future development potential makes this rare large landholding a compelling proposition for discerning buyers.

Local Market Insights

In Taperoo, Quiet Listings observed 3 new houses entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $813,333. The property type mix of listed properties is predominantly Houses at 75%, followed by units (25%). The only agency with for houses listings currently monitored in the Taperoo area is Ray White. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.