3 Otway Street, Windsor Gardens SA 5087

Hill views | rare 775m² frontage | workshop | development potential The large 775m² lot with 17% building coverage and a substantial workshop presents a rare positional advantage in Windsor Gardens, where 3-bedroom stock moves quickly. The separate formal lounge and dining room with Adelaide Hills views offer genuine family appeal, while the garage under main roof and vegetable garden potential broaden buyer interest. This property suits owner-occupiers wanting space and future subdivision optionality, or developers willing to navigate council consent. The main risk is the development overlay uncertainty-any subdivision requires STCC, which adds time and cost without guarantee. The 44% auction clearance rate in the local 3-bedroom market suggests buyers hold negotiating power, not urgency. Opportunity lies in the workshop and rear garden, which can be leveraged immediately for hobby or storage value. Hold as a family home with a medium-term view on council approvals, or exit within 12 months if the development angle proves too slow.