4 Parham Street
Elizabeth Downs, SA 5113

Overview

4 Parham Street, Elizabeth Downs

Set on a generous 820 square meter allotment with an approximate frontage of 20.12 meters, this property offers a unique opportunity for developers and investors alike. Planning consent has been approved for the construction of three separate Torrens Title dwellings, with building consent required to proceed. This significant progress in planning allows for confident advancement subject to council approval.

Located in a well-connected and evolving neighborhood, the area is witnessing multiple developments, indicating clear growth potential. The existing home on the property provides an additional advantage by offering potential rental income, allowing flexibility while future development plans are finalized.

The residence features a practical and functional layout designed for comfortable everyday living. The living room is bright and inviting, equipped with a wall unit air conditioner and a fireplace to ensure year-round comfort. The expansive backyard includes a veranda, multiple sheds, and a rainwater tank, providing ample space for storage, hobbies, or outdoor activities.

Key features of the property include:

• An easement-free Torrens Title allotment of approximately 820 square meters
• Approximately 20.12 meters of frontage
• Planning consent approved for three Torrens Title dwellings (building consent required)
• Three bedrooms providing comfortable accommodation
• A functional kitchen overlooking the spacious backyard, adjoining the dining area
• A generous living area with wall unit air conditioning and a fireplace
• Multiple sheds and a rainwater tank for additional storage and utility
• A carport offering undercover parking

The property is conveniently situated close to local schools, parks, shopping centers, and public transport options, ensuring everyday accessibility. This combination of location, existing dwelling, and approved development plans presents an exciting opportunity for investors, developers, or those seeking a property with long-term growth potential.

Prospective buyers are encouraged to make their own inquiries and obtain legal and financial advice to verify all information. This property represents a rare chance to secure a site in a growing area with significant upside potential.

Location