37 Morley Street, West Richmond | Prime Property Group

Description

Positioned in the heart of tightly held West Richmond, this is a rare opportunity to secure a substantial 697sqm allotment with an impressive 18.5 metre frontage, offering exceptional flexibility for homeowners, investors, and developers alike.

Currently returning $600 per week in rental income, the property provides immediate holding income while you plan your future vision.

Whether you're looking to renovate, rebuild, subdivide, or landbank for the future, the possibilities here are exciting and extensive, all subject to council consent.

What truly elevates this opportunity is the unbeatable lifestyle location. Perfectly positioned between the Adelaide CBD and the coastline, West Richmond continues to be one of Adelaide's most sought-after city-fringe suburbs for both convenience and long-term growth.

Enjoy being just minutes from the Adelaide CBD, Adelaide Airport, Glenelg Beach, Harbour Town Shopping Centre, and the vibrant Henley Beach Road café and dining precinct. Public transport is easily accessible, while quality schools, local parks, shopping centres, and everyday amenities are all within close reach.

With strong demand from tenants, families, and developers alike, this is a location that offers immediate lifestyle appeal and outstanding future potential.

The existing home provides comfortable accommodation with strong rental appeal, making it an attractive proposition for investors seeking reliable income while securing a premium land holding.

Key features:

- Approx. 697sqm allotment
- Wide 18.5m frontage
- Currently leased at $600 per week
- Outstanding development potential (STCC)
- Strong investment and landbank opportunity
- Premium city-to-coast location
- Minutes to CBD, airport, beaches, shopping, and transport

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. RLA 298 661