Welcome to 16 Florence Street, Fullarton - a remarkable investment opportunity in one of South Australia's most convenient and highly sought-after suburbs. This charming bungalow is perfect for investors focused on solid returns and long-term capital growth, boasting a substantial 777 sqm allotment with a wide 15.2 m frontage, offering renovation or development potential, subject to necessary approvals.

Key features of the residence include up to four bedrooms, with a versatile loft space that can be transformed into a retreat or serve as the fourth bedroom. The property also features two bathrooms, a formal lounge, and ducted reverse cycle air conditioning for all-season comfort. Additionally, the 2.5 kw (approx.) solar power system reduces operational costs, further enhancing its investment allure.

For those with vehicles or requiring ample storage, the undercover parking accommodates up to six cars in total, complemented by a secure roller door and includes a spacious workshop/garage at the rear, an attractive aspect for car enthusiasts.

The property’s location is a major drawcard, being zoned for and within walking distance to reputable schools like Glenunga International High School and Glen Osmond Primary School. Its proximity to Adelaide's Finest Supermarket at Frewville and easy access to Adelaide CBD enhances its attractiveness for families and professionals seeking a convenient lifestyle.

The robust demand in Fullarton is buoyed by its proximity to key amenities, highly regarded schools, and seamless access to the CBD. Historical trends in capital growth within the suburb further support its value retention. Owning 16 Florence Street means securing a strategic investment with promising returns in a sought-after location.

Local council: Unley
Council rates: $2,291.25pa approx.
SA Water rates: $268.09pq approx.
Year built: 1925
Land size: 777 sqm approx.
Frontage: 15.24 m approx.