FOR SALE
Under Contract

15 Leonard Street
Elizabeth Park SA 5113

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Renovate or Detonate!

Auction Location: 15 Leonard Street, Elizabeth Park
Presented by Andrew Rose of LJ Hooker, this property in Elizabeth Park is a true investor's dream, offering outstanding subdivision potential (STCC) on a vast 944sqm (approx.) allotment with a generous 21.31-metre frontage. The size and layout of this block present an exceptional opportunity for those looking to maximize returns by splitting the land (subject to council consent), giving you the option to create two or more new dwellings.
For developers and investors, this is a golden chance to capitalize on a sought-after location with ample room for innovative design. Whether you plan to build multiple residences or create one standout custom home, this property's subdivision possibilities make it a versatile and high-return investment.
Currently, the existing home is not habitable and will need some work before it can be occupied or rented. With the right investment of time and resources, this project could become a lucrative addition to your portfolio or a rewarding development.
Specifications:
CT / 5940/3
Council / Playford
Built / 1960
Land / 944m2 (approx)
Frontage / 21.31m (approx.)
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Property Details for 15 Leonard St, Elizabeth Park

15 Leonard St, Elizabeth Park is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with LJ Hooker Craigmore | Elizabeth.

Building Type
House

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About Elizabeth Park 5113

The size of Elizabeth Park is approximately 2.4 square kilometres. It has 10 parks covering nearly 28.8% of total area. The population of Elizabeth Park in 2011 was 3,305 people. By 2016 the population was 3,859 showing a population growth of 16.8% in the area during that time. The predominant age group in Elizabeth Park is 0-9 years. Households in Elizabeth Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth Park work in a labourer occupation. In 2011, 52% of the homes in Elizabeth Park were owner-occupied compared with 49.5% in 2016.

Elizabeth Park has 1,868 properties. Over the last 5 years, Houses in Elizabeth Park have seen a 161.12% increase in median value, while Units have seen a 120.57% increase. As at 30 November 2024:

  • The median value for Houses in Elizabeth Park is $544,756 while the median value for Units is $465,883.
  • Houses have a median rent of $460.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Elizabeth park on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Elizabeth park.

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LJ Hooker Craigmore | Elizabeth
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