23 & 4 Bartlett & Stakes Street & Crescent
Elizabeth Downs, SA 5113

This unique property presents an exceptional opportunity featuring two solid brick three-bedroom maisonettes situated on a combined corner allotment of approximately 1,152 square meters. This versatile offering is ideal for investors seeking dual income potential, extended families desiring flexible living arrangements side by side, or developers considering future possibilities subject to council approval and other relevant authorities.

Currently tenanted, the properties generate a combined rental income of $900 per week, providing immediate investment returns. Each home welcomes you into a comfortable lounge area equipped with ducted evaporative cooling for year-round comfort.

The maisonette at 23 Bartlett Street boasts warm pine floorboards complemented by a split system air conditioning unit and ceiling fan light, creating a cozy and inviting atmosphere. Meanwhile, the home at 4 Stakes Crescent features floating floors throughout the lounge, roller shutters, a reverse cycle wall air conditioner, and a combustion heater, ensuring comfort in all seasons.

Both homes include combined kitchen and meals areas designed for practical everyday living. The kitchens feature functional L-shaped layouts with sleek cabinetry, laminate benchtops, and electric cooktops and ovens. The 4 Stakes Crescent kitchen is enhanced with a built-in pantry and overhead cupboards, while 23 Bartlett Street offers additional overhead storage for convenience. The adjoining meals spaces provide comfortable settings for casual dining and family gatherings.

Each maisonette offers three bedrooms designed for comfortable family living. At 23 Bartlett Street, the master bedroom and second bedroom feature ceiling fans and warm pine floorboards, with the master bedroom also enjoying a split system air conditioning unit. At 4 Stakes Crescent, the master bedroom includes a built-in robe, ceiling fan, and soft carpet flooring, with the remaining bedrooms also carpeted for added comfort.

Outdoor spaces are functional and versatile, perfect for entertaining and everyday enjoyment. The 4 Stakes Crescent property includes a flat roof verandah with paved flooring overlooking a landscaped yard and a welcoming porch entry. Secure parking is available behind gates. The 23 Bartlett Street home offers two pergolas and a porch, providing multiple outdoor areas to relax and entertain, along with a double carport and garage with a tilt door for secure vehicle storage.

Key features of this property include:

• Two maisonettes on a combined 1,152 sqm corner allotment
• Ideal investment or development opportunity subject to council approval
• Ducted evaporative cooling throughout both homes
• Renovated kitchens with modern fittings
• Covered outdoor entertaining areas
• Double width carport at 23 Bartlett Street
• Rainwater tank at 23 Bartlett Street

The location offers excellent convenience with a local bus stop within walking distance, facilitating easy commuting. Nearby shopping centers include Elizabeth North Shopping Centre, Craigmore Village Shopping Centre, and Munno Para Shopping City, providing a variety of retail and dining options. Burdell Reserve is just minutes away, offering open green spaces for families and outdoor activities.

Families will appreciate the proximity to Elizabeth Downs Primary School, Craigmore South Primary School, and Craigmore High School, all within easy reach. The Adelaide CBD is approximately 45 minutes away, allowing residents to enjoy suburban living while maintaining connectivity to the city.

Please note that only the property at 4 Stakes Crescent is available for scheduled open inspections, while inspections for 23 Bartlett Street are by private appointment only.

Additional details include an approximate year of construction around 1960, a total building size of approximately 201 sqm, and a land size of 1,152 sqm. The properties are constructed with brick veneer and connected to mains sewerage, with gas not connected. Council and water rates are approximately $1,811 and $705 per year respectively, with an additional ES levy of about $104 per year per property.

This offering represents a rare chance to acquire a versatile property with strong investment potential or flexible living options in a convenient and well-serviced location.