14 & 16 Fletcher Street, Netley, SA 5037

Expressions of Interest - Offers By 10/11 at 11:00am - Unless Sold Prior.

An exceptional opportunity to secure two adjoining properties in a convenient Netley location, presenting outstanding potential for developers, investors and buyers looking to secure a substantial landholding.
Offered together across two separate titles, 14 and 16 Fletcher Street provide a combined landholding of approximately 1,516m² with an impressive 31.08m combined frontage. With both properties zoned General Neighbourhood, this is an opportunity to explore the possibilities of a significant development project, subject to relevant planning approvals and council requirements.
Both properties currently provide established rental income, offering investors the ability to hold and earn an income while exploring the property's future potential.

THE OPPORTUNITY
-Two adjoining properties offered together across two titles
-Approximately 1,516m² of combined land
-Approximately 31.08m combined frontage
-General Neighbourhood zoning
-Two existing homes with current rental income
-Potential to investigate future development possibilities, subject to approvals
-An attractive opportunity for developers, investors and land-bankers alike

CURRENT RENTAL DETAILS
-14 Fletcher Street: $610 per week, lease expiry 20 September 2027
-16 Fletcher Street: $650 per week, lease expiry 21 March 2027
Combined rental income: $1,260 per week, or approximately $65,520 per annum

Positioned in the established suburb of Netley, with convenient access to local amenities, shopping, transport and the Adelaide coastline, this is a rare opportunity to secure two neighbouring allotments in one strategic purchase.

Opportunities to acquire land of this combined scale are increasingly sought after. Whether you are looking to invest, land-bank or investigate the development potential, this substantial double-site offering deserves your attention.
Two properties. Two titles. One substantial opportunity.

Copy of Certificate of Title available upon request

Concept plans prepared by Zaina Stacey, illustrating potential land division options (subject to all relevant approvals)