Buy One or Buy Both | Exceptional Development Opportunity

Buy both 61&63 Thomas St:
Price Guide: $2.2mil-$2.3mil
Land Area: 1245sqm
Planning approval granted for 4 double-storey residences

Buy one:
Price Guide: $1.1mil – $1.2mil
61 Thomas St:
Land Area: 620sqm, Floor Area: 190sqm
63 Thomas St:
Land Area: 625sqm, Floor Area: 189sqm

An exceptional opportunity awaits in one of Adelaide’s most convenient and high-demand western suburbs. Whether you’re looking to secure one quality property or maximise the potential by acquiring both, 61 & 63 Thomas Street offer outstanding flexibility for owner-occupiers, investors, builders and developers alike. Available individually or together, this is a rare opportunity to tailor your purchase to suit your investment strategy or future development plans.

When combined, the properties occupy a substantial landholding of approximately 1,245sqm with planning approval already granted for four contemporary double-storey residences. This provides buyers with the flexibility to secure an immediate rental investment, landbank for the future, or acquire both properties and progress a ready-planned development with significantly reduced planning lead times.

Each existing home offers a practical 3-bedroom, 2-bathroom layout, providing valuable holding income while future opportunities are explored. 61 Thomas Street features open-plan living, good kitchen storage, a 1.9kW solar system and spacious front and rear yards, while 63 Thomas Street offers multiple living areas, a sunroom, generous backyard, large shed and additional storage space.

The true value of this offering lies in its flexibility. Whether purchased individually or together, these properties present an exceptional opportunity to secure quality real estate in one of Adelaide’s fastest-growing city-fringe locations. South Plympton continues to attract strong buyer demand thanks to its outstanding connectivity between Adelaide CBD and the coastline, with shopping centres, quality schools, parks, public transport and major employment precincts all within easy reach.

Perfectly positioned only minutes from Glenelg Beach, Castle Plaza, Westfield Marion, Flinders University, Flinders Medical Centre and Adelaide CBD, this address offers the ideal balance of lifestyle convenience and future growth potential.

Whether you’re searching for your next home, a quality investment, or a larger-scale development opportunity, 61 & 63 Thomas Street provide exceptional flexibility and long-term potential in one of Adelaide’s most tightly held western suburbs.

Features:
– Available individually or as a combined purchase
– Planning approval granted for 4 double-storey residences (combined site)
– Combined landholding of approximately 1,245sqm
– Two existing dwellings, each offering 3 bedrooms and 2 bathrooms
– Strong rental holding potential
– Ideal for developers, builders, investors and land-bank buyers
– Quiet residential street in a high-demand western suburb
– Excellent city-fringe location between Adelaide CBD and Glenelg Beach
– Close to schools, shopping centres, public transport and lifestyle amenities

Locality:
– 5 mins drive to Castle Plaza Shopping Centre
– 8 mins drive to Westfield Marion
– 10 mins drive to Adelaide CBD
– 10 mins drive to Glenelg Beach
– Close to Woodlands Park Railway Station and local bus routes
– Convenient access to Flinders University, Flinders Medical Centre and Tonsley Innovation District
– Close to local parks, reserves and sporting facilities

School Zone:
– Plympton Primary School
– Plympton International College
– Forbes Primary School

Specifications (FY25-26):
61 Thomas Street:
– Council: City of Marion • CT: 5207/331
– Council rates: $1851.73 p.a.
– ESL: $157.8 p.a.
– Water rate: $82.30 p.q.
– Water Sewerage : $118 p.q.
– Current rental income: $580 per week

63 Thomas Street:
– Council: City of Marion
– CT: 5690/824
– Council rates: $2060.05 p.a.
– ESL: $169.95 p.a.
– Water rate: $82.30 p.q.
– Water Sewerage : $131.28 p.q.
– Current rental income: $600 per week

For more information, approved plans, recent sales reports or to arrange an on-site meeting, please contact Frank on 0450 216 898 or Kaka on 0451 084 898.

RLA 285210

Disclaimer – All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee the information is accurate and accept no liability for any errors or omissions. Interested parties should make their own enquiries and seek independent legal advice. Should this property be scheduled for auction, the Vendor’s Statement may be inspected at Kaide Real Estate, Office 7, 9-15 Field Street, for three consecutive business days immediately prior to the auction and at the auction for 30 minutes before it commences.