Set against the breathtaking backdrop of the Adelaide foothills, 61 Waterfall Gully Road presents an extraordinary and tightly held opportunity - a sprawling 3,630sqm (approx.) parcel cocooned in natural beauty and leafy serenity. With its solid brick c.1950s residence still standing in near-original form, this remarkable holding is ready to welcome a visionary transformation, offering the perfect canvas for a contemporary architectural masterpiece (STCC) nestled within this picturesque gully. <br/><br/>Free from flood and heritage overlays, the site invites unrestrained creativity and possibility. From a grand modern build that celebrates its elevated surroundings, to a luxury estate that embraces the home's unrivalled peace and privacy (STCC). Framed by a tranquil creek that meanders through the property, this idyllic setting enhances the sense of sanctuary, inviting a lifestyle immersed in nature yet effortlessly connected to convenience. Positioned along this iconic, tree-lined thoroughfare, the property harmoniously marries scenic seclusion with everyday convenience, placing you just moments from the east's cosmopolitan café culture and dining scene. <br/><br/>Adding further appeal, the property is currently leased to long-term tenants who have called it home for over a decade. Their tenure - extending through to the 29th of January 2026 - offers valuable continuity and potential income while future development or design plans are drawn up and processed, making this a truly flexible and forward-thinking opportunity.<br/><br/>Balancing breathtaking tranquillity with lifestyle ease, this location is a rare gift: a whisper from Burnside Village, The Parade Norwood, and elite schooling, while the CBD sits a mere 10-minutes from your front door. Opportunities of this scale and setting are few and far between… and this one is yours to shape, design, and define for generations to come. <br/><br/>FEATURES WE LOVE <br/>• Remarkable 3,630sqm (approx.) offering within the incredibly tightly-held foothills of Waterfall Gully <br/>• Peaceful creek-front setting winding through the property, enhancing its natural charm and privacy<br/>• Unlimited scope to transform + redesign with a stunning architectural masterpiece fusing elegant design with natural beauty (subject to council conditions) <br/>• Original 50s dwelling with solid brick foundations <br/>• 2 large bedrooms, L-shape living + dining <br/>• Generous kitchen/casual meals, practical bathroom + laundry <br/>• Long, tree-lined driveway set peacefully back from the road, double carport + workshop <br/>• Just 5 minutes to Hazelwood Park and Burnside Aquatic Centre for recreation and relaxation<br/>• Cycle with ease to the waterfall and café at the end of Waterfall Gully for a truly local weekend ritual<br/><br/>LOCATION <br/>• Wonderful access to scenic nature trails, including the fan-favourite Mt Lofty hike <br/>• Moments to Greenhill Road's culinary pocket, where Ballaboosta, Feathers Hotel, 5 Stones, Samui Thai + Lockwood General deliver popular dining options<br/>• Zip the kids to Burnside Primary less than 5-minutes from your door, zoned for Glenunga International moments further, while Pembroke, Loreto + St Peter's Girls' offer prestigious private options <br/>• 7-minutes to Burnside Village for all your retail therapy + shopping essentials, 9-minutes to the bustling Parade Norwood + 10 to Adelaide CBD <br/><br/>TENANCY<br/>• Currently tenanted on a 12-month fixed-term lease agreement expiring on 29th January 2026 for $760 per fortnight.<br/>• Long-term tenants of over 10 years who are happy to stay on - an ideal arrangement providing secure income while development or renovation plans are prepared<br/><br/>Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.<br/><br/>Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.<br/><br/>Burnside RLA 334844<br/><br/>Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. <br/><br/>Property Details:<br/>Council | BURNSIDE<br/>Zone | HF - Hills Face<br/>House | 173sqm(Approx.)<br/>Land | 3630sqm(Approx.)<br/>Built | 1958<br/>Council Rates | $1453.65pa<br/>Water | $204.73pq<br/>ESL | $161.85pa
