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Make Your Mark in Sought After Glenunga
Parkside, Adelaide
· Land
Parkside, Adelaide · Land
Located in one of Adelaide's most sought-after eastern suburbs, 573 Portrush Road, Glenunga presents a rare and versatile opportunity for investors, renovators, or developers alike. Set on a generous allotment of approximately 994m², this property offers enormous potential with multiple avenues for future growth and capitalisation. The existing character residence features three bedrooms and two bathrooms and is currently leased on a periodic tenancy, returning $1,000 per week in rental income. This provides a solid holding return for investors while offering flexibility for future plans-whether that be occupying the home, renovating, or redeveloping the site (subject to council consents). This property is ideally suited for those looking to restore and enhance a classic home, invest in a high-demand suburb with reliable income, or explore redevelopment options to unlock the full value of the land. With a wide frontage and deep allotment, the site lends itself to a range of possibiliti
Located in one of Adelaide's most sought-after eastern suburbs, 573 Portrush Road, Glenunga presents a rare and versatile opportunity for investors, renovators, or developers alike. Set on a generous allotment of approximately 994m², this property offers enormous potential with multiple avenues for future growth and capitalisation. The existing character residence features three bedrooms and two bathrooms and is currently leased on a periodic tenancy, returning $1,000 per week in rental income. This provides a solid holding return for investors while offering flexibility for future plans-whether that be occupying the home, renovating, or redeveloping the site (subject to council consents). This property is ideally suited for those looking to restore and enhance a classic home, invest in a high-demand suburb with reliable income, or explore redevelopment options to unlock the full value of the land. With a wide frontage and deep allotment, the site lends itself to a range of possibiliti
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