OFF MARKET

17/515A Main North Road
Elizabeth SA 5112

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
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Property Details for 17/515a Main North Rd, Elizabeth

17/515a Main North Rd, Elizabeth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Floor Size
68m2
Local Government
Playford
Lot/Plan
F17/C23163

Last Listing description (November 2023)

Walking distance to all you could ever need this unit is ideally situated merely minutes away from everything this hugely popular regional commercial precinct has to offer.

With paths unfurling from the front door to everyday conveniences, government services and the areas best entertainment this location is perfect for those on a budget and anyone seeking to reduce their carbon footprint.

Securely let to an excellent long standing house proud tenant this conveniently located residence delivers a low cost lifestyle without too much of a compromise.

Low maintenance and easy care, this unit is situated on the 3rd floor and enjoys commanding views of the Elizabeth City Centre.

The unit is part of a 2 x 3 storey building complex that is fully fenced with secure security gates with undercover parking provided for residents.

This Circa 1960's group of units was thoroughly re-imagined some years ago and are now more vibrant, attractive and secure than ever before.

Enjoying low vacancy rates this group boast relatively low strata fees so ensuring that more money is delivered in returns.

A turn key investment with an excellent tenant that will serve you well for many years to come this unit is one for investors expanding their portfolio or first time investors looking for an affordable entry into the marketplace.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

**PRICING**
For the most part of the last 25 years I have been releasing properties to the market without a price. I do so just for the first open inspection and then we set a price with the Vendor/s in consideration of the feedback derived from the first open. I understand that may frustrate some buyers but the frustration will be rewarded with a price range set that is an accurate reflection of market value balanced by the Vendor/s expectation. It is also frustrating for a vendor to be on the market for weeks longer than necessary because they have over priced their property. Or if they choose to price the home in excess of feedback levels they can do so knowingly and factor that into their timeframe. I will release a price by way of SMS to all buyers who attend the first open and upload a price as soon as practicably thereafter. Thank you and should you have any further questions about my rationale in marketing properties successful in this manner for over 1300 sales please feel free to call me directly anytime.

CT: 5952/964
House Size: 68m²
Year Built: 1960
Zone: Strategic Innovation
Council: City of Playford

RLA 232366

Property History for 17/515a Main North Rd, Elizabeth, SA 5112

A timeline of how this property has performed in the market
Last Sold
$247,000
16 Nov 2023
Listed for Rent
12 Mar 2021
  • 30 Nov 2023
    Sold for $247,000
  • 29 Aug 2023
    Listed for Sale $229,000-$249,000
  • 04 Mar 2022
    Sold for $170,000
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About Elizabeth 5112

The size of Elizabeth is approximately 1.9 square kilometres. It has 9 parks covering nearly 27.4% of total area. The population of Elizabeth in 2011 was 1,038 people. By 2016 the population was 1,024 showing a population decline of 1.3% in the area during that time. The predominant age group in Elizabeth is 30-39 years. Households in Elizabeth are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth work in a labourer occupation. In 2011, 45.5% of the homes in Elizabeth were owner-occupied compared with 45.3% in 2016.

Elizabeth has 588 properties. Over the last 5 years, Houses in Elizabeth have seen a 172.73% increase in median value, while Units have seen a 118.77% increase. As at 31 October 2024:

  • The median value for Houses in Elizabeth is $509,315 while the median value for Units is $305,985.
  • Houses have a median rent of $395 while Units have a median rent of $220.
There are currently 1 property listed for sale, and no properties listed for rent in Elizabeth on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Elizabeth.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.