2 Weetunga Street

Develop, Renovate, or Hold – Endless Options on 870m2

2 Weetunga Street, Fulham presents an outstanding opportunity for developers and savvy investors to secure a substantial landholding in a tightly held coastal suburb. Set on a generous 870m² corner allotment with a wide 35.59m frontage, the site offers significant redevelopment potential-including the possibility to subdivide (subject to council consent) and create multiple new dwellings in a high-demand area.

Currently comprising three separately tenanted two-bedroom units, the property provides immediate holding income of $62,660 per annum, making it an ideal buy now, develop later scenario. Each unit is self-contained with individual laundries, yard space, and off-street parking, ensuring solid short-term rental appeal while plans for the future are explored.

Backing onto peaceful parklands and just moments from the River Torrens Linear Trail, this prime corner site is also superbly located within close reach of Henley Beach, Fulham Gardens Shopping Centre, quality schools, and transport links-making it a compelling proposition for a future residential development catering to families, downsizers, or lifestyle seekers.

Property Highlights:
– Rare 870m² corner block with broad 35.59m frontage
– Strong redevelopment potential (STCC) in a high-growth pocket
– Currently configured as 3 x two-bedroom units, all tenanted
– Combined rental income of approx. $62,660 per annum
– Unit 1: $660/fortnight | Unit 2: $650/fortnight | Unit 3: $1,100/fortnight
– Proximity to Henley Beach, quality schools, shops, and transport
– Backs onto leafy parklands and moments to the River Torrens Linear Trail
– Versatile opportunity to subdivide, redevelop, or renovate and add value

Opportunities like this in Fulham are increasingly rare. Whether you’re seeking a high-performing investment with future upside, or a blue-chip development site in a prized location, this one is not to be missed.

Specifications:
Council / West Torrens
Rates / $TBA PQ (approx.)
ESL / $TBA PA (approx.)
SA Water / $TBA PQ (approx.)
Zoned Schools / West Beach Primary School & Henley High School

All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee the information is accurate, and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. RLA 329240.