3 William Street

Port Elliot SA 5212

A rare and highly valuable landholding in the heart of Port Elliot - 1058m (approx.) and with 26m of street frontage, the property presents an outstanding opportunity for developers and investors to capitalise on the Fleurieu Peninsula's most tightly held coastal town.Nestled on the coast between Victor Harbor and Middleton, Port Elliot is just an hour's drive from Adelaide and 30 minutes to enjoy the wine region of McLaren Vale. This properties location offers exceptional walkability to Port Elliot's main street shopping precinct with cafes, shops, hotel & bakery, or your can be soaking up the sun at Horseshoe Bay, diving off the jetty into the turquoise waters, or walking the trails along the dramatic coastline. The property meets Alexandrina Council policy requirements for subdivision (STPC), providing flexibility for future development - potential for two detached dwellings, or three semi-detached dwellings. Policy information available upon request or by contacting the Planning department of Council.With a substantial home consisting of 3 bedrooms, 2 living, 2 bathrooms, outdoor living & multiple shedding options, the property is ready to reside in or rent as either a permanent arrangement or holiday rental in the interim, providing solid return whilst future plans are considered.The beautiful cottage garden is in full bloom at the front of the home, with a full verandah and plenty of room to sit and enjoy the roses. The tiled foyer opens into the lounge and dining rooms - or two separated living spaces that can be utilised in varying ways. The large country style kitchen has great bench space and cabinetry, with all modern electrical appliances, including a dishwasher, and it has a lovely outlook to the back garden. Sliding doors lead out to a courtyard & there is a secondary undercover outdoor entertaining area, surrounded by lawn and various fruit trees in the established garden. The primary bedroom is very spacious with wall to wall built in robes, accessible ensuite and a sliding door out to the very private, internal courtyard. Bedroom two and three are also a good size with built in robes. The main bathroom services the rest of the home with bath, shower, vanity and separate toilet. Multiple linen cupboards for extra storage and a practical laundry space complete the interior floor plan. The washing machine and dryer are included in the sale.Other features include: RC Split system airconditioner Double gates securing the rear yard Double-width paved driveway and off-street parking Single garage plus large double-bay shed & garden shed Four rainwater tanks (one plumbed to the kitchen) Electric roller shutters to rear windowsWith its generous land size, central coastal location, and clear subdivision pathway, this property represents a compelling land-bank, development, or dual-strategy investment opportunity in a high-growth lifestyle market. For more details and inspection times please contact Tania on 0407 970 916.Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Ray White Goolwa / Victor Harbor will not accept any responsibility should any details prove to be incomplete or incorrect - RLA 298107.