4 Walter Street, Elizabeth Downs SA 5113

810m2 Block - 26 Metre Frontage - 3 Bedroom home.

House - Elizabeth Downs SA

An exceptional opportunity for developers, investors and land buyers, this substantial allotment offers approximately 810m² of level land with an impressive 26-metre frontage. Subject to STCC.

Positioned in a quiet street shared by only six homes, the generous site dimensions provide exciting potential for future development, subdivision or a new residential project, subject to all necessary planning and statutory consents.

The updated three-bedroom home is currently tenanted at $510 per week until May 2027, delivering immediate rental income while you explore and prepare your future development plans. The home is in good condition to hold as an investment.

The existing home is well maintained and features an updated kitchen with generous storage and an eat-in dining area, a spacious lounge with split-system air conditioning, three well-sized bedrooms, new carpet and roller blinds throughout.

Conveniently located within easy reach of local shops, schools, Munno Para Shopping City and Elizabeth City Centre, this is an opportunity to secure a sizeable development parcel in a high-demand residential area.

Features include:

Approximately 810m² of level land
Impressive frontage of approximately 26 metres
Potential for subdivision or residential development
Quiet street shared by only six homes
Existing three-bedroom home in excellent condition
Currently returning $510 per week
Secure tenancy in place until May 2027
Holding income while development plans are considered
Large, securely fenced rear yard
Garden shed
Easy access to major shopping centres, schools and local amenities

Secure the site today, enjoy an immediate rental return and plan your next Savvy Development.