Ottoway at a glance
2,763
People
$775,000
Median sale
$540/wk
Median rent
3.62%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
SA › Ottoway › Fairlie St
1
Bedrooms
1
Bathrooms
3
Car spaces
900 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Ottoway (last 5 years) with land size have a median of $1,396/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Ottoway at a glance
2,763
People
$775,000
Median sale
$540/wk
Median rent
3.62%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $540/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Ottoway at a glance
2,763
People
$775,000
Median sale
$540/wk
Median rent
3.62%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodA rare and desirable opportunity presents itself with this large Bessa brick workshop. Conveniently located on a corner allotment of approximately 900sqm, with a desirable North-South aspect, the property has been recently rezoned to residential status and presents a rare opportunity for investors and developers to obtain a 'ground floor' opportunity to demolish, subdivide and construct up to 3 brand-new homes (STCC).
Considerable residential construction work in the local area will play testament to the viability of a new residential project, so get creative and do your maths because this opportunity is a rare release venture that will not be on market for long.
Investors with an eye for value and longevity will also be keen on exploring the potential to lease the existing workshops, hence providing an income stream while they plan and execute their new residential development.
The property is allowed to continue operating as a commercial venture as long as the existing structure does not alter. Currently disposed as 2 large workshops of approximately 200m² each, providing the perfect location for a Panel Beater, Mechanic, Construction or Engineering Firm.
Be quick to assess this outstanding offering.
Briefly:
* 2 Large Bessa brick workshops on corner allotment of approximately 900sqm
* Recently rezoned to residential status
* High secure fencing and lock-up gates all round
* Potential to demolish and construct up to 3 brand-new homes (STCC).
* Existing workshops of approximately 200sqm each
* Excellent allotment with desirable North-South aspect
* Great location with considerable residential construction work in the area
* Opportunity to lease as an existing commercial venture
* Ideal workshops for Panel Beater, Mechanic, Construction or Engineering Firm
* Rare opportunity in highly sought after location
* Car Hoist is not included in the sale*
Perfectly located within easy reach of all amenities. Local unzoned primary schools in the area include Pennington Primary, Alberton Primary, Woodville Garden School B-7 & Westport Primary School. The zoned high school is Woodville High.
Quality private education can be found nearby at Our Lady of Mt Carmel Parish School, Mt Carmel College, St Patrick's, St Josephs, Portside Christian School and TAFE SA Regency Park Campus.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
There are plenty of reserves in the local area for your recreation and exercise, Eastern Parade Reserve is a short walk away with playground, oval and open space areas. Eastern Parade will provide public transport and great shopping is nearby at Arndale Central including the Greater Union theatre complex, with Bunnings close by on Port Road. Inspection will certainly impress!
Property Details:
Council | Port Adelaide Enfield
Zone | R - Residential\61
Land | 900 sqm(Approx.)
Council Rates | $1,973.15 pa
Water | $170.63 pq
ESL | $972.80 pq
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Listing description written by Stefan Siciliano, Ray White Norwood — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.