"Uncut Diamond" 20 - 22 Olive Street is a prime 816m² parcel of land, split across two separate titles, offering the ideal dimensions to create two luxurious homes in one of Adelaide's most desirable city-fringe locations.

With a 24m double frontage, this site is perfectly suited for luxury home developers or investors looking to capitalise on a high-demand area.

The property offers a range of enticing possibilities: grow your portfolio with a solid rental income, hold for future capital appreciation, or move forward with the exciting development plans already in place.

The well-maintained 5-bedroom double-brick home, combined with dual driveways, delivers substantial rental income, making it an easy investment to hold in the interim.

Features:

- Size: 816m2

- Lots: 2 x 408m2

- Strong holding income

- Planning consent to demolish the existing dwelling

Development Potential:

Plans available to create two minimalist luxury residences, each comprising:

- 4 Bedrooms

- 3 Bathrooms

- 2 car spaces

- Pool

- 408m²

Location & Lifestyle:

Parkside is a highly sought-after neighborhood known for its leafy streets, proximity to Adelaide's vibrant CBD, and a lively community atmosphere. Access to prestigious schools, trendy cafes, and tranquil parks, this area offers a perfect blend of convenience, style, and sophistication.

Investment Opportunity:

This property presents an exceptional opportunity for significant capital growth. Whether you're a luxury home developer, investor, or a builder looking for a comfortable home to reside whilst planning your next big project, this land offers boundless potential. Take advantage of this flexible opportunity to enter the Parkside market and unlock its true value.

For more information or to arrange a viewing, contact Matthew Forde on 0427 457 546 or email matthew@fordeproperty.com.au