An exciting and rare corner opportunity awaits, where size, versatility, and serenity blend harmoniously over 2 allotments totaling a generous 2317sqm allotment. This remarkable offering features a block of four units and a 4-bedroom house, creating an unparalleled investment opportunity, development opportunity or a home and income. 4 Meakin Terrace is a one-owner 1960 built has a simple, spacious floorplan, retro décor, and every reason to give it a comprehensive once-over – whether to live in or lease out situated on its own allotment of 1357sqm. 2 Meakin Terrace comprises of 4x 2 bedroom units that are all currently rented to long term tenants on a 960sqm allotment. Each unit is designed to provide comfortable living, featuring two bedrooms, a combined kitchen and living area, and a well-appointed bathroom and external laundry. An exceptional investment prospect. Investors can capitalize on the strong rental demand for multi-unit properties, providing an attractive return on investment and the potential for steady cash flow. The expansive landholding presents an exciting opportunity for future development. Whether it's adding additional units, constructing a workshop, or exploring subdivision possibilities, this property grants the freedom to expand and diversify according to your vision (subject to Council and Plan SA consents.) Embrace the potential for exceptional returns, the freedom to customize and develop according to your desires in ever popular Seaton. Don't miss out on this rare opportunity. You'll Love: - 2 allotments totaling 2317sqm - 2 Meakin Terrace – 4x 2 bedroom units on 960 sqm - 4x 2 bedroom units | Currently tenanted returning $47,060 pa approx. - 4 bedroom home in original condition on 1357sqm - Scope to improve income - Development potential (subject to all necessary consents) - Zoned for Grange Primary - A stroll to the bus or train *If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. Harcourts Smith (Kate Eliza Real Estate Pty Ltd) does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority. *Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. RLA 325043