Planning Approval For 4 Double-Storey Residences | The Ultimate Development Opportunity!

An exceptional opportunity awaits in one of Adelaide’s most convenient and high-demand western suburbs. Positioned on a substantial combined landholding of approximately 1,245sqm, 61 & 63 Thomas Street present a rare development opportunity with planning approval granted for four contemporary double-storey residences.

With planning approval already in place, the next owner can move forward with greater confidence and reduce planning-related lead times. Whether you are a developer, builder, investor or land-bank buyer, this is a highly strategic opportunity in a location where land of this scale is becoming increasingly difficult to secure.

The two existing homes each offer a practical 3-bedroom, 2-bathroom layout, providing valuable rental holding potential while future development plans are prepared. 61 Thomas Street features open-plan living, good kitchen storage, 1.9kw solar panels and spacious front and rear yards. 63 Thomas Street offers multiple living areas, a sunroom, large backyard, shed, storage space.

The true value of this offering lies in the land, the planning approval and the long-term potential. South Plympton continues to attract strong buyer demand due to its exceptional connectivity between Adelaide CBD and the coastline, with easy access to shopping centres, schools, parks, public transport and major employment precincts.

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 are looking to progress your next project, secure a blue-chip landholding or hold and invest for future upside, 61 & 63 Thomas Street represent a rare and highly flexible opportunity in a tightly held city-fringe location.

Features:
• Planning approval granted for 4 double-storey residences
• Substantial combined landholding of approximately 1,245sqm
• Rare two-property development opportunity in South Plympton
• Two existing dwellings, each offering 3 bedrooms and 2 bathrooms
• Strong rental holding potential while preparing for development
• Ideal for developers, builders, investors and land-bank buyers
• Positioned in a quiet residential street with strong buyer demand
• 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.