40 Rees St, Sheidow Park is a 4 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 4 bedroom House sold in Sheidow Park in the last 12 months.
Opportunity Knocks - Solid Home, Huge Block, So Much Potential!
Set in the peaceful and family-friendly suburb of Sheidow Park, this spacious brick home sits on a generous Torrens Title allotment of approx. 860m2. Offering an exciting opportunity for renovators, investors, or developers.
Presented in original condition, the home offers a functional layout with multiple living areas, up to 5 bedrooms, and plenty of space to work with. Whether you're looking to restore its former charm, modernise it to your tastes, or explore future redevelopment potential (STCC), this property is packed with promise.
Key Features:
• Brick construction on a substantial 860m² block (approx.)
• Flexible layout with 4 to 5 bedrooms
• Separate formal lounge and dining
• Spacious original kitchen with gas cooking and breakfast bar
• Second living/meals area with access to rear verandah
• Converted garage/rumpus room or bedroom 5 - ideal for teens or home office
• Central bathroom with separate toilet and laundry
• Elevated verandah with peaceful tree-top views
• Private rear yard with scope for landscaping or extension (STCC)
• Ample off-street parking
Prime Location:
• Walk to Sheidow Park Primary School
• Minutes from shops, public transport, and local parks
• Just 5 minutes to Hallett Cove Beach and walking trails
• Easy access to the Southern Expressway, approx. 30 minutes to the CBD
• Close to the newly revitalised Glenthorne National Park - Ityamaiitpinna Yarta
Positioned within the Hills Neighbourhood (HN) Zone, this property may appeal to those seeking to capitalise on the land size and zoning provisions. Whether you're looking to modernise the existing home or consider development options (STCC), this property is packed with potential.
Currently tenanted under a Periodic Lease at $400.00 per week.
The size of Sheidow Park is approximately 3.5 square kilometres. It has 19 parks covering nearly 10.0% of total area. The population of Sheidow Park in 2016 was 6677 people. By 2021 the population was 6731 showing a population growth of 0.8% in the area during that time. The predominant age group in Sheidow Park is 40-49 years. Households in Sheidow Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sheidow Park work in a professional occupation.In 2021, 87.50% of the homes in Sheidow Park were owner-occupied compared with 85.80% in 2016.
Sheidow Park has 2,663 properties. Over the last 5 years, Houses in Sheidow Park have seen a 95.69% increase in median value, while Units have seen a 215.50% increase. As at 30 November 2025:
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