17 Stone RoadElizabeth Downs SA 5113
Property Details for 17 Stone Rd, Elizabeth Downs
17 Stone Rd, Elizabeth Downs is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 652m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (March 2020)
Do not miss out on this incredible opportunity to get 2 investment properties with instant rental returns of $450pw!Very rarely does the opportunity arise to purchase two adjoining semi's on separate Torrens Titles and with a combined 1,207sqm (approx) allotment for amazing subdivision potential (STCC).
Built in 1960, both properties are identical in design boasting 3 good sized bedrooms, separate lounge, open plan recently updated kitchen and meals area for comfortable living and entertaining. The lounge features a wall unit air conditioner to appeal to a great range of tenants while a separate bathroom toilet and laundry at the rear completes this home. Number 17 boasts a generous garden shed at the rear while both homes offer flat roof verandah's perfect for entertaining.
Both properties are currently tenanted on a fixed lease for $225pw per property. Number 17 is fixed until 21/08/2018 while number 19 is fixed until 05/07/2018.
Developers act fast to secure this great asset for your future project, offering instant dual income and a profitable divine development opportunity. With a combined land size of 1,207sqm (approx) with a combined frontage of 34.05m and a depth of 40m (approx) this is a remarkably rare find. Furthermore, the land is level and ripe for redevelopment (STCC). You can keep the existing duplex for instant rental returns or demolish and redevelop(STCC) the choice is yours.
More features about this home include:
- Security screen door to both properties for peace of mind.
- Close to public transport making the tenants commute a breeze.
- Close to Argana Park and Elizabeth Football Club for great surroundings.
- A short 5min drive to the impressive Elizabeth Shopping Centre& 4mins drive to the large Munno Para Shopping City for complete convenience.
This outstanding investment opportunity offers unbeatable price, position and potential! Such a stand out investment, this home is a developer's dreamwhere you can follow the trend of the neighbouring properties or the perfect pick for a landlord's portfolio, primed with possibilities. Crunch the numbers and put in an offer fast before it's too late!
For more information, call Mike Lao on 0410 390 250 or Matt Ashford on 0487 888 178.
Council /City of Playford
Built / 1960
Land / 1,207sqm (approx)
Internal / 176sqm (approx)
Council rates / $2,389pa (approx)
Water rates / $302pq (approx) plus usage
Es levy / $205pa (approx)
Currently rented at / $450pw
(All the above information is the combined total of 17 & 19 Stone Road)
Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment! Call Mike Lao now on 0410 390 250.
Specialists in: Andrews Farm, Angle Vale, Blakeview, Burton, Craigmore, Davoren Park, Elizabeth, Gawler, Golden Grove, Greenwith, Gulfview Heights, Hillbank, Ingle Farm,Mawson Lakes, Modbury Heights, Munno Para West, One Tree Hill, Parafield Gardens, Para Hills, Para Hills West, Paralowie, Pooraka, Salisbury, Salisbury East, Salisbury North, Salisbury Plain, Salisbury Park, Salisbury Heights, Smithfield,Walkley Heights, Wynn Vale.
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
Property History for 17 Stone Rd, Elizabeth Downs, SA 5113
- 20 Aug 2018Sold for $125,000
- 31 Jul 2018Listed for Rent - Price not available
- 29 Jan 2018Listed for Sale Not Disclosed
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About Elizabeth Downs 5113
The size of Elizabeth Downs is approximately 3.2 square kilometres. It has 10 parks covering nearly 30.1% of total area. The population of Elizabeth Downs in 2011 was 5,142 people. By 2016 the population was 5,068 showing a population decline of 1.4% in the area during that time. The predominant age group in Elizabeth Downs is 0-9 years. Households in Elizabeth Downs are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth Downs work in a labourer occupation. In 2011, 55% of the homes in Elizabeth Downs were owner-occupied compared with 54% in 2016.
Elizabeth Downs has 2,382 properties. Over the last 5 years, Houses in Elizabeth Downs have seen a 164.84% increase in median value, while Units have seen a 131.61% increase. As at 31 October 2024:
- The median value for Houses in Elizabeth Downs is $476,945 while the median value for Units is $424,235.
- Houses have a median rent of $450 while Units have a median rent of $253.
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