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Overview
Where Income Meets Opportunity!
This solid brick maisonette is situated on a generous corner allotment of approximately 630 square meters, offering excellent value for first home buyers, investors, and small families. The property is set behind a fully fenced yard providing ample outdoor space for relaxation and activities.
Currently tenanted with a fixed lease of $470 per week until March 1, 2027, this home presents an immediate income opportunity. Upon entering, the lounge room welcomes you with natural light and a comfortable atmosphere, featuring floating floors, roller blinds, oyster lighting, and a reverse cycle wall air conditioning unit for year-round comfort.
Adjacent to the lounge is the meals area, designed for family dining and casual entertaining. The functional L-shaped kitchen is equipped with laminate benchtops, cabinetry, a built-in pantry, and additional cupboards for ample storage. It includes a Euro freestanding electric cooktop and oven, a 1.5 sink, and floating floors, making it a practical and easy-to-maintain space.
The accommodation comprises three well-sized bedrooms, each with carpet flooring, ceiling fans, and roller blinds to enhance comfort. The bathroom is neatly presented with a single vanity, shower bath, and louvre windows for natural ventilation. A separate toilet adds convenience, and the laundry includes a trough, tiled flooring, and direct access to the backyard.
The expansive backyard offers plenty of room for children and pets to play, with potential for further enhancements subject to council approval. A single carport provides sheltered parking or a covered entertaining area, while the fully fenced allotment ensures privacy and security for families and pets.
Key features of this home include solid brick construction, a generous corner allotment, reverse cycle air conditioning in the lounge, three bedrooms with ceiling fans and carpet, a spacious backyard with future potential, and a single carport.
Conveniently located, the property is within walking distance to local bus stops, making commuting easy. Shopping is accessible with Elizabeth City Centre and Parks Shopping Centre nearby for daily essentials. Recreational facilities such as the Playford Tennis Centre and Grenadier Road Reserve are close by. Families will appreciate the zoning for Elizabeth East Primary School, Playford International College, and proximity to Pinnacle College. The Adelaide CBD is approximately 40 minutes away, providing excellent access to city amenities.
Additional details include an estimated year of construction around 1960, irregular frontage of approximately 29.61 meters, zoning as General Neighbourhood, and local council being the City of Playford. Council rates are approximately $1,748 per annum, water rates around $705 per annum excluding usage, and an emergency services levy of about $87.60 per annum. The property holds a Torrens Title and is subject to party wall rights as per the title, with no encumbrances noted. Internal living space is approximately 76.7 square meters, with a total building size of about 95.6 square meters. The construction is solid brick, with mains sewerage and no gas connection.
This property represents a solid investment opportunity with immediate rental income and potential for future growth in a well-connected location.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Elizabeth East SA 5112
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 95 m² |
Market Insights for Elizabeth East SA 5112
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