FOR SALE
Under Contract - Expressions of Interest - 22.11.2

55 Sedgehill Road
Elizabeth North SA 5113

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 930m2
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Ideal Opportunity for Investors, Developers, or Renovators

We are pleased to invite expressions of interest (EOI) for the sale of 55 Sedgehill Road, Elizabeth North SA 5113. This is a prime corner block property spanning approximately 929 m², offering immense potential for development, including subdivision (subject to council approval).
Key Features:
- Corner block of approximately 929 m²
- Close proximity to local amenities including Elizabeth City Shopping Centre and Munno Para Shopping Centre, other shops, churches, parks, Schools and child care centers and sports clubs
- Excellent potential for future subdivision (subject to council approval)
- Convenient location in a well-established community
- All services are connected.
The property is being sold as-is, providing an ideal opportunity for investors, developers, or those looking to renovate.
To submit your offers, please ensure you are submitting your best and final offer in writing before 5PM on the 22nd of November 2024.
Your submission must include:
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Property Details for 55 Sedgehill Rd, Elizabeth North

Building Type
Land
Land Size
930m2

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About Elizabeth North 5113

The size of Elizabeth North is approximately 1.8 square kilometres. It has 10 parks covering nearly 10.5% of total area. The population of Elizabeth North in 2011 was 3,232 people. By 2016 the population was 3,469 showing a population growth of 7.3% in the area during that time. The predominant age group in Elizabeth North is 20-29 years. Households in Elizabeth North are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth North work in a labourer occupation. In 2011, 43.6% of the homes in Elizabeth North were owner-occupied compared with 41.8% in 2016.

Elizabeth North has 1,802 properties. Over the last 5 years, Houses in Elizabeth North have seen a 185.01% increase in median value, while Units have seen a 126.87% increase. As at 31 October 2024:

  • The median value for Houses in Elizabeth North is $469,738 while the median value for Units is $416,722.
  • Houses have a median rent of $435 while Units have a median rent of $251.
There are currently 13 properties listed for sale, and 3 properties listed for rent in Elizabeth north on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Elizabeth north.

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CJ Setlhong
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CENTURY 21 Barossa
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