9 Elizabeth Street

Tea Tree Gully SA 5091

If you're needing extra space for a growing family, then this could be the home for you. There's a number of different living spaces and this home is perfect for entertaining, with the kitchen / dining area opening to a stunning deck that overlooks the lush green backyard. This property will also be highly desirable for investors and developers alike, as a profitable investment or a property with great potential for subdivision and development (subject to council consent). This huge 990m2 block has a 19.5m frontage and there's no easements listed on the title.

Located in the sought-after suburb of Tea Tree Gully, this home is conveniently located within walking distance to very popular schools, sporting centres, public transport, the local shopping centre with supermarket, restaurants, medical centres, in fact everything you could need it very close by. Tea Tree Plaza shopping centre and the O-Bahn interchange is only about 5 minutes drive, Adelaide CBD is approximately 30 minutes drive and a 5 minute drive in the other direction will take you into the beautiful Adelaide Hills.

Built in 1967, this home has been well maintained, the most recent updates being fresh painting of the inside within the last year and the ducted evaporative air conditioning was updated within the last 2 years. Currently an investment property and tenanted until 20th January 2022, with excellent tenants and a fantastic rental return of $500 per week. The current tenants would be happy to renew the lease if an investor is to purchase the property and they would also consider an earlier exit if the new owner wishes to live in the property.