51 Millicent Street, Athol Park, SA 5012 | House for sale | OnTheHouse
 
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51 Millicent Street
Athol Park SA 5012

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 201m2
Land area: 655m2
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Develop, Subdivide or Land Bank - 655sqm Corner Site with Solid Rental Appeal!

*CONTACT AGENT FOR PRIVATE VIEWINGS*
Positioned on a prominent corner allotment of approximately 655sqm, this solid brick residence presents an outstanding opportunity for developers, investors and land bankers looking to secure a site with genuine future upside.
Whether you're looking to develop now, retain the existing home and generate rental income, or secure a strategic parcel of land for the future, this versatile property offers multiple pathways to create value. The corner configuration and generous land holding provide exciting scope for subdivision and redevelopment (STCC), making it an opportunity that is becoming increasingly difficult to find in Adelaide's western suburbs.
The existing home is well suited as a long-term rental investment, offering three bedrooms plus a study/4th bedroom, two bathrooms, formal living areas and character features including hardwood timber floors and high ceilings. Comfortable and functional in its current condition, it provides the ideal holding property while future plans are considered.
For investors, the appeal is clear-secure a substantial corner allotment in a growing location while benefiting from immediate rental income and future development flexibility. For developers, the site presents an exciting opportunity to unlock the full potential of the land and capitalise on ongoing demand for new homes in the area.
Why You'll Love It
-Approx. 655sqm corner allotment
-Development and subdivision potential (STCC)
-Ideal land banking opportunity
-Solid brick construction
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Property Details for 51 Millicent St, Athol Park

51 Millicent St, Athol Park is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 655m2 and floor size of 201m2. The place is currently for sale with Ray White Woodville.

Building Type
House
Floor Size
201m2
Land Size
655m2
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About Athol Park 5012

The size of Athol Park is approximately 0.9 square kilometres. There are 5 parks, covering nearly 6.1% of the total area. The population of Athol Park in 2016 was 2084 people. By 2021 the population was 2023 showing a population decline of 2.9% in the area during that time. The predominant age group in Athol Park is 20-29 years. Households in Athol Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Athol Park work in a community and personal service occupation.In 2021, 58.20% of the homes in Athol Park were owner-occupied compared with 56.00% in 2016.

Athol Park has 1,073 properties. Over the last 5 years, Houses in Athol Park have seen a 100.84% increase in median value, while Units have seen a 94.42% increase. As at 31 May 2026:

  • The median value for Houses in Athol Park is $897,559 while the median value for Units is $625,050.
  • Houses have a median rent of $600 while Units have a median rent of $535.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Athol park on OnTheHouse. According to Cotality's data, 40 properties were sold in the past 12 months in Athol park.

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Alexander Ghinis
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Ray White Woodville
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