Renovate, Reimagine or Redevelop on 710sqm!

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15 Crisp Road, Elizabeth Downs SA 5113

$579,000 - $635,000

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$579k - $608k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 710 m² 181 m²

Listed: 50 days ago

Updated: 13 days ago

Overview

Situated on a generous 710sqm allotment in the established suburb of Elizabeth Downs, this brick veneer home built circa 1964 offers a wealth of potential for renovators, developers, and investors alike. The property balances comfortable living spaces with significant opportunities for enhancement or redevelopment, subject to council approvals.

The residence features three carpeted bedrooms, two of which include built-in robes for ample storage. At its heart is a spacious lounge showcasing decorative cornices and served by a reverse cycle split system air conditioner, ensuring comfortable year-round climate control. The combined kitchen and meals area offers a practical workspace with electric appliances and a cheerful outlook to the backyard, inviting culinary creativity and family gatherings.

Functionality extends with a central bathroom equipped with a step-in shower, a separate toilet, and a dedicated laundry with outdoor access, meeting everyday family needs. The sizable backyard, shaded in part by a skillion roof verandah, is an inviting canvas for a range of outdoor uses, including gardening, entertaining, or potentially extending the home.

A substantial garage with roller door and wall-mounted air conditioning complements a single carport with drive-through access, providing secure parking and versatile storage or hobby space.
The property's setup benefits from established features such as a rainwater tank and an established orange tree, enhancing the outdoor lifestyle options.
Positioned within walking distance of local bus services, shopping centers, and reserves, the location offers convenience and recreational opportunities. Family-oriented with zoning to nearby primary and high schools, it is well-suited to a variety of buyers.

Currently tenanted with a fixed lease returning $440 per week until February 2027, the home provides immediate rental income for investors. Whether you're looking to capitalize on redevelopment potential (subject to approvals) or to renovate and enjoy the established home's character and location, this property provides a compelling proposition.

Local Market Insights

In Elizabeth Downs, Quiet Listings observed 30 new houses entering the market over the last 30 days, down from 35 during the previous 30-day period, with an average advertised asking price of $593,182. The property type mix of listed properties is predominantly Houses at 91%, followed by units (3%), and land (3%). The most active agency for houses in the Elizabeth Downs area is currently Ray White, representing 43% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.