475 Cross Road, South Plympton, SA 5038

$1,000,000 to $1,050,000

Residential Land
Type
672 m²
Area

Last updated on Tuesday, June 30, 2026 ( See property details for 475 Cross Road, South Plympton, SA 5038)

$1,000,000 to $1,050,000

Craig Smith Managing Director / Sales person
Onesha Stuart Salesperson / Sales Support
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile residential land offering immediate rental income and development potential in a highly sought-after location between the city and the bay.

🏡 Property Highlights

  • Prime 672sqm residential land with a generous 19.51m frontage
  • Potential for redevelopment into two dwellings (subject to council approval)
  • Currently leased with a rental income of $540 per week until May
  • Well-maintained three-bedroom home providing immediate income
  • Excellent location between the city and the bay with convenient transport options
  • Zoned General Neighbourhood, offering versatile development opportunities

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Waterfront / Views
  • Low-Maintenance Yard

South Plympton is a highly desirable suburb known for its convenient access to the city and bay, strong demand for both new and established homes, excellent transport links including tram and bus services, a friendly community atmosphere, and a range of local amenities making it an ideal location for families, professionals, and investors alike.

What are the development possibilities for this land?
The site is zoned General Neighbourhood and offers potential for redevelopment into two dwellings, subject to council approval, making it suitable for investors and developers.
What is the current rental income and lease term?
The property currently generates a rental income of $540 per week until May, providing immediate holding income while planning is underway.
Are there any planning restrictions or zoning considerations?
The land is zoned General Neighbourhood, which allows for various development options, subject to council consent and planning regulations.
What amenities and transport options are nearby?
The property is conveniently located between the city and the bay, with tram and bus transport just moments away, ensuring excellent connectivity.
Is the property suitable for future redevelopment or investment?
Yes, the large land size, zoning, and current income make it an attractive option for redevelopment or long-term investment.
Are there any existing planning or building approvals, or are there any restrictions on redevelopment? What are the potential costs involved in subdividing or developing the land? Are there any easements, covenants, or zoning restrictions that could impact future plans? Has the land been tested for soil stability or environmental issues? Are there any nearby construction or development projects that could affect the property? What are the strata or council fees associated with the land, if any? Is there any history of flooding or bushfire risk in the area? Are there any hidden costs or upcoming maintenance requirements for the existing home? What are the local council’s future development plans for the area? Are there any noise or nuisance issues from neighboring properties or infrastructure?

475 Cross Road, South Plympton, SA 5038 - More Details

$1,000,000 to $1,050,000

Type
Residential Land
Area
672 m²

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