12B-14 Old Sarum Road, Elizabeth North SA 5113

$1,100,000 - $1,129,000

6 beds

2 baths

3 parking

Double the Income, Outstanding Opportunity - 1,306m2 with Approx 32m frontage

A Rare Dual-Income Investment with Outstanding Development Potential

Presenting an unmissable opportunity to secure a substantial landholding of approximately 1,306m² in the increasingly popular suburb.

* Two existing dwellings on one outstanding site
* Approximately $45,760 in gross annual rental income
* Substantial combined landholding of approximately 1,306m²
* Impressive frontage of approximately 32 metres
* Immediate cash flow with future development flexibility
* Potential for subdivision or multi-dwelling redevelopment - keep existing dwellings with potentials of 2 more at rear (STCC)
* Ideal opportunity for developers, investors and land-bank buyers
* Positioned within an area experiencing significant residential renewal
* Close to Elizabeth North Railway Station and public transport
* Convenient access to schools, shopping centres and everyday amenities
* Easy connectivity to Elizabeth City Centre and surrounding northern suburbs

Whether you are an investor seeking a strong dual-income asset, a developer looking for your next project, or a strategic buyer wanting to land-bank for the future, this is an opportunity worthy of serious consideration.

Secure the income today and unlock the potential tomorrow. Large sites with dual rental returns, generous frontage and development possibilities are increasingly difficult to find.

Contact
* Danny Nguyen - 0405 813 340
* Vincent Law - 0433 221 994

All information provided has been prepared to the best of the agent's and vendor's knowledge and is believed to be accurate at the time of publication. However, no warranty or representation is made regarding its accuracy. All development and subdivision opportunities are subject to Planning Consent (STCC). Interested parties should undertake their own independent enquiries regarding zoning, measurements, rental income, services and development potential.

Some photos are digitally altered illustrative concept only. Proposed dwellings are not existing improvements and the layout, subdivision and development outcome are subject to planning assessment and all necessary consents. Buyers should make their own enquiries.

Property Details

• Type: House
• Bedrooms: 6
• Bathrooms: 2
• Toilets: 2
• Garage Spaces: 2
• Carport Spaces: 1
• Land Area: 1,306 m² (approx)