10 Dianne Street
Happy Valley, SA 5159

Overview

Coming Soon - Dual Income Potential + 3 Allotment Development (STCC) | 781sqm Rare Opportunity in Prime Happy Valley.

Positioned in a highly sought-after pocket of Happy Valley, this property represents a rare and strategic opportunity to acquire a substantial landholding with immediate income potential and promising future development prospects.

Occupying approximately 781 square meters, the site offers multiple avenues for value enhancement, making it an ideal choice for investors, builders, and developers seeking flexibility and long-term growth.

The land benefits from strong development fundamentals, featuring proposed allotments that front Francis Avenue with approximately 11 meters or more frontage per lot. Notably, there is no requirement for shared access, resulting in a rare and efficient subdivision outcome. A concept plan is available for illustrative purposes.

The existing improvements on the property provide scope for dual income potential, allowing for the creation of two separate rental streams. Independent access and driveways are already established, supporting a compelling "hold and develop later" strategy.

Alternatively, the property is well suited for a three Torrens Title allotment development (subject to council consent), accommodating modern four-bedroom, two-bathroom homes with double garages. Each allotment would have individual street frontage, a highly desirable configuration compared to typical battle-axe layouts.

This opportunity combines immediate income potential with clear development upside and is strategically positioned within a growing southern corridor, making it increasingly rare and attractive.

Happy Valley continues to emerge as a high-growth southern suburb, offering an excellent balance of lifestyle and convenience. Residents can enjoy the natural beauty of the nearby Happy Valley Reservoir, while some of Adelaide's best beaches, including Brighton (15 minutes), Glenelg, and Port Noarlunga (20 minutes), are within easy reach.

Daily essentials are conveniently close, with Valley Central just minutes away and Westfield Marion providing major retail and dining options only 15 minutes from the property. With direct access to the Southern Expressway, the Adelaide CBD is approximately 30 minutes away, and Adelaide Airport is just 27 minutes distant. For weekend escapes, the renowned McLaren Vale wine region is only a 25-minute scenic drive.

This location combines lifestyle, accessibility, and strong growth potential, making it an increasingly attractive choice for both homeowners and investors.

Early enquiry is strongly encouraged, as strong interest is expected from a range of buyer groups.

Disclaimer: While every effort has been made to ensure the accuracy of the details within this advertisement, it remains the responsibility of the buyer or purchaser to conduct their own due diligence during the viewing and purchasing process. The proposed plans are indicative and for illustrative purposes only. No planning, development, or subdivision approvals have been applied for or granted. Prospective purchasers must rely on their own enquiries regarding subdivision or development potential.

Location