26 Richland Road, Newton SA 5074

Property Details: • Type: Vacant Land

• Bedrooms: 0 • Bathrooms: 0

Description: This exceptional property presents a rare opportunity for investors, developers, and astute buyers alike. Set on a generous parcel of land, the site comes with Development Approval (DA) already approved for subdivision into two allotments, offering immediate potential to capitalise. Currently, the property features a well-maintained 3-bedroom, 1-bathroom home, providing comfortable living or a solid holding income while you plan your next move. The residence is tenanted and generating $670 per week, ensuring strong cash flow from day one. Whether you choose to retain the existing home, subdivide and build, or develop both allotments, the flexibility and upside here are undeniable. Opportunities with approvals already in place are increasingly rare, saving you time, cost, and uncertainty. Key Features: DA approved subdivision into 2 allotments Existing 3-bedroom, 1-bathroom dwelling Rental income of $670 per week Strong investment and development potential Ideal for developers, investors, or land bankers Secure a property that offers both immediate returns and future growth potential. Disclaimer: All information provided has been obtained from sources deemed reliable; however, we cannot guarantee its accuracy and accept no responsibility for any errors or omissions. Interested parties should make their own independent enquiries and obtain their own legal, financial, and professional advice. Any development potential, including subdivision and Development Approval (DA), is subject to council consent and all relevant statutory approvals. Prospective purchasers should rely on their own investigations and verify all details with the relevant authorities. The property details, including land size, floor plans, rental returns, and boundaries, are approximate and provided as a guide only. Neither the agent nor the vendor makes any representation or warranty as to the accuracy of the information.