47, 49, 51 Magdalene Terrace, Pasadena, SA 5042

Offers Close Wed, 4th Nov - 3pm (USP)

Opportunities to secure substantial land in Pasadena are increasingly rare. The chance to secure adjoining parcels with the flexibility to purchase one, two or the entire holding is rarer still.

Presenting 47 - 51 Magdalene Terrace, Pasadena - a significant landholding comprising approximately 2,235sqm across three substantial parcels, including a prominent corner allotment at 47 Magdalene Terrace and two adjoining allotments at 49 - 51 Magdalene Terrace, held on the same title.

Whether you're a developer seeking your next project, a builder looking for a substantial site, an investor wanting to secure a position in a tightly held suburb or simply looking to land-bank for the future, this is an opportunity that offers genuine scale, flexibility and long-term potential.

Open the Door To:

⁃ 47 Magdalene Terrace - a substantial corner allotment of approximately 743sqm, offering excellent street frontage, accessibility and the flexibility to pursue an individual development opportunity, subject to approvals
⁃ 49-51 Magdalene Terrace - approximately 1,492sqm across two adjoining allotments currently held on the same title
⁃ The opportunity to purchase 47 Magdalene Terrace separately, providing a substantial standalone corner development site
⁃ The opportunity to acquire 49–51 Magdalene Terrace, securing two adjoining allotments and a significant combined landholding
⁃ The ability to acquire 47–51 Magdalene Terrace together, creating an impressive approximately 2,235sqm development holding
⁃ A rare opportunity to assemble substantial land in one of Pasadena's established residential pockets
⁃ Multiple potential development outcomes, subject to planning and council approval
⁃ Excellent flexibility for developers, builders, investors and land-bankers seeking to secure a sizeable future project
⁃ A corner position at 47 providing additional street frontage and accessibility
⁃ The scale to explore a range of potential outcomes, from individual allotments through to a larger-scale development, subject to the necessary approvals
⁃ The scale to explore a variety of future possibilities, from individual allotment development through to a larger-scale project, subject to the relevant approvals.

Pasadena's position between the Adelaide foothills and the CBD makes it a consistently appealing location for both homeowners and developers. With Mitcham, Pasadena Green, Westfield Marion, Flinders University and the gateway to McLaren Vale and beautiful beach all within easy reach, the location combines everyday convenience with the enduring appeal of Adelaide's foothills.

For developers, the real attraction is the flexibility. Buy 47 Magdalene Terrace as a standalone corner site, secure 49–51 as a substantial adjoining holding, or bring 47–51 together and unlock the scale of approximately 2,235sqm.

Three parcels. Multiple acquisition options. One substantial Pasadena opportunity.

47–51 Magdalene Terrace - secure the land, create the vision.

CT - 5353/633 & 6154/343
Council - City of Mitcham
Zoning - SN - Suburban Neighbourhood
Land Size - 2235m² approx.
Council Rates - $1,680.00 per year (47) & $6,351.30 per year (49-51)
SA Water Rates - $814.56 per year (47) & $1,063.60 per year (49-51)
Emergency Services Levy - $197.85 per year (47) & $277.50 per year (49-51)

All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice. Ouwens Casserly Real Estate Pty Ltd partners with third party providers including Realestate.com.au (REA) and Before You Buy Australia Pty Ltd (BYB). If you elect to use the BYB website and service, you are dealing directly with BYB. Ouwens Casserly Real Estate Pty Ltd does not receive any financial benefit from BYB in respect of the service provided. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions in respect of the service provided by BYB. Interested potential purchasers should make their own enquiries as they see fit.

RLA 275403

Type

Residential Land

Area

2,235 m²