Penfield 429 Womma Road

Right on the cusp of development this massive 40,800sqm of prime land boarding many residential suburbs presents a great investment opportunity and solid land holding for the future, buy today and add maximum value tomorrow.

The property already with a great rental return of $31,000+ per annum can quite easily be increased to $45,000+ per annum presents a great opportunity for developers and investors alike with excellent returns giving you the opportunity to land bank and enjoy the capital growth and possible zoning changes (S.T.C.C).

A beautiful 1970 neat brick home comprising three generous bedrooms, a large living room with recessed picture window that flows through to the meals area which overlooks the kitchen at the rear of the home is a separate teenagers retreat/flat with room & ensuite.

Additional features include;
Recycled water connection 4.080 ha (Approximately 10 acres)Prime horticulture farming land or lifestyle blockGlasshousesMinutes from the major shopping centre of ElizabethEasy turn off and access to the Northern ExpresswayMains water connectedPlenty of sheddingCurrent active Bore - 90mRainwater tanks
With all of the above in a rapidly increasing Adelaide Market don't miss you opportunity and call today!

Jarrah J. Holmes 0430145991 or Param Baidwan 0433246376
"Connecting Property & People"

Property Information

• Land area approx 40800sqm

Property Features

• Garages 4