10 Dianne Street Happy Valley, SA 5159

Positioned in a highly sought-after pocket of Happy Valley, this is a rare and strategic opportunity to secure a substantial landholding offering both immediate income potential and future development upside.

Set on approximately 781sqm, the property presents multiple pathways to value, ideal for investors, builders, and developers looking to capitalise on flexibility and long-term growth.

The site offers strong development fundamentals, with all proposed allotments fronting Francis Avenue, approximately 11m+ frontage per lot, and no requirement for shared access - a rare and efficient subdivision outcome. A concept plan is available for illustrative purposes.

The existing improvements provide scope for dual income potential, with the ability to create two separate rental streams. The property already benefits from independent access and driveways, offering a compelling "hold and develop later" strategy.

Alternatively, the property is well suited for a 3 Torrens Title allotment development (STCC), accommodating modern 4-bedroom, 2-bathroom homes with double garages, each with individual street frontage - a highly desirable outcome compared to typical battle-axe configurations.

Opportunities combining immediate income potential, clear development upside, and strong positioning within a growing southern corridor are increasingly rare.

This is a strategic acquisition for buyers looking to maximise both short-term yield and long-term capital growth.

Happy Valley continues to emerge as a high-growth southern suburb, offering the ideal balance of lifestyle and convenience. Enjoy the natural beauty of the nearby Happy Valley Reservoir, while some of Adelaide's best beaches - Brighton (15 minutes), Glenelg and Port Noarlunga (20 minutes) - are all within easy reach.

Daily essentials are close by with Valley Central just minutes away, while Westfield Marion provides major retail and dining options only 15 minutes from your doorstep. With direct access to the Southern Expressway, the Adelaide CBD is approximately 30 minutes away, while Adelaide Airport is just 27 minutes. For weekend escapes, the renowned McLaren Vale wine region is only a 25-minute scenic drive.

A location that combines lifestyle, accessibility, and strong growth potential - making it an increasingly attractive choice for both homeowners and investors.

Early enquiry is strongly encouraged, with strong interest expected from a range of buyer groups.

The first open inspection is Saturday 11th April.

Inquiries to Linda Baker 0412 959 727

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

The proposed plans are indicative only and for illustrative purposes. No planning, development, or subdivision approvals have been applied for or granted. Purchasers must rely on their own enquiries regarding subdivision or development potential.

Norwood RLA 278530

Property Details:
Council | Onkaparinga
Zone | General Neighbourhood
Land | 781sqm(Approx.)
House | TBCsqm(Approx.)
Built | 1969
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa