17 William Road, Klemzig SA 5087

Large 1484sqm block | dual street access | 1926 character home | 8-car parking | development potential The property’s primary competitive advantage is its unusually large 1484sqm allotment with dual street access, a rare configuration in Klemzig that creates genuine optionality for a buyer. The 1926 character home has been updated with ducted air conditioning, stone benchtops, and an alfresco area, meaning it can be occupied immediately while the land is held. This property best suits a buyer who wants a family home with space for multiple cars, a pool, and entertaining, but also wants the long-term option to subdivide or redevelop subject to council approval. The main risk is that the value is almost entirely in the land, meaning the house itself may not justify a premium if the buyer’s plan is to demolish. The estimated value range of $1.43m to $1.85m reflects this land-driven pricing, and the rental yield of around 3.3% is modest for an investor. However, the suburb’s 11% annual growth and short 25-day average days on market suggest strong demand. The buyer should hold this property as a dual-purpose holding: occupy and enjoy the character home, then reassess subdivision or redevelopment when zoning or market conditions shift.