744 Old Port Wakefield Road, Virginia SA 5120

This 3.55 hectare rural property offers a great investment (rented for $1,000 per week) with future development potential in a sought after growth suburb close to major infrastructure projects. Located just approximately 30 minutes from Adelaide's CBD, this prime opportunity for development is rare.

Currently there is a rented four bedroom, one bathroom house situated on the block set amongst lush fruit trees. If you were looking to land bank for the future, the home provides an income stream u...

This 3.55 hectare rural property offers a great investment (rented for $1,000 per week) with future development potential in a sought after growth suburb close to major infrastructure projects. Located just approximately 30 minutes from Adelaide's CBD, this prime opportunity for development is rare.

Currently there is a rented four bedroom, one bathroom house situated on the block set amongst lush fruit trees. If you were looking to land bank for the future, the home provides an income stream until you are ready to proceed with further development.

With frontage on both Old Port Wakefield Road and Angle Vale Road, there is ample access to the site, and this location is ideal with new projects underway nearby. A new High School at the corner of Andrews Road and Petherton Road is planned to open in 2028 and will cater to students from years 7 to 12.

The new Two Wells Town Centre is set to become the new heart of Virginia and will be situated on Old Port Wakefield Road. Once completed, it will have cafes and restaurants, healthcare services, retail stores, supermarkets, and a new town square.

Existing amenities include Virginia Shopping Centre, Virginia Primary School, cafes, a hardware store, and sports facilities which are only a 4 minute drive away. Opportunities of this calibre are few and far between. Call today to stake your claim!

• 35,500m2 or 3.55Ha corner allotment
• Land is zoned as rural
• Rental income from the 4 bedroom home
• Bore water
• Frontage of approximately 215m on Old Port Wakefield Road
• Frontage of approximately 33m on Angle Vale Road
• New High School nearby - on the corner of Petherton and Andrews Road
• New Two Wells Town Centre will be on the same street
• Minutes from existing amenities

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.

Should this property be scheduled for auction, the Vendor's Statement may be inspected at Harcourts St Peters office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.

Please Note: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.
RLA 309533