SOLD
Sold on 18 Dec 2023 for $460,000

117 Woodford Road
Elizabeth North SA 5113

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 94m2
Land area: 1055m2
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Property Details for 117 Woodford Rd, Elizabeth North

117 Woodford Rd, Elizabeth North is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1973. The property has a land size of 1055m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Elizabeth North in the last 12 months.

Building Type
House
Year Built
1973
Floor Size
94m2
Land Size
1055m2
Local Government
Playford
Lot/Plan
A19/D6145

Last Listing description (November 2023)

Welcome to a unique investment opportunity! This property, with an average condition house built in 1973, is situated on a massive block spanning approximately 1045 sqm, boasting an impressive 18.3-meter frontage. Investors and developers, this is your golden ticket to seize a piece of prime real estate.

Key Features:
* Property Size: Approximately 1045 sqm of land with a wide frontage of about 18.3 meters.

* Zoning: General Neighborhood zoning, allowing for multi-dwelling development potential (Subject to Council Consents - STCC).
* Rental Income: The property is currently tenanted, yielding a consistent rental income of $390 per week.
* 3 Bedrooms: The house offers three bedrooms, providing comfortable living or rental space.
* Renovated Bathroom and Toilets: Modern updates to the bathroom and toilets add value to the property.
* Shed and Undercover Parking: A spacious shed and under-cover parking area secured by a roller door offer ample storage and parking solutions.
* Ideal Location: Located conveniently near major shopping centres, Lyell McEwin Hospital, the University of South Australia (just 15-20 minutes away), and easy access to the Northern Expressway.

This rare opportunity in the General Neighborhood zoning is your chance to create a lucrative development project or maintain a steady rental income. Properties of this magnitude, with excellent future growth potential, rarely come onto the market.

Don't miss this exceptional investment and development prospect. To arrange a viewing or join our upcoming open inspection, please get in touch with Kazim Khan at 0434 343 694. Your future in real estate awaits!

Property History for 117 Woodford Rd, Elizabeth North, SA 5113

A timeline of how this property has performed in the market
Last Sold
$460,000
18 Dec 2023
Listed for Rent
$320/w
20 Dec 2021
  • 18 Dec 2023
    Sold for $460,000
  • 23 Oct 2023
    Listed for Sale UNDER CONTRACT/OFFER
  • 20 Dec 2021
    Listed for Rent $320 / week
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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 1,794 properties. Over the last 5 years, Houses in Elizabeth North have seen a 169.24% increase in median value, while Units have seen a 110.45% increase. As at 31 July 2024:

  • The median value for Houses in Elizabeth North is $445,840 while the median value for Units is $380,483.
  • Houses have a median rent of $420 while Units have a median rent of $251.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Elizabeth north on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Elizabeth north.

Suburb Insights for Elizabeth North 5113

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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.