Prime investment and development potential on a large allotment

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14 Mckinlay Street, Elizabeth Downs SA 5113

Price Guide $609,000 - $669,000

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$609k - $639k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 4 Cars 780 m²

Listed: 26 days ago

Updated: 2 days ago

Overview

This solid brick home, dating back to circa 1960, exemplifies the durability and quality craftsmanship of its period. Positioned on a generous allotment of approximately 780 square meters with a wide frontage of around 19 meters, the property presents exceptional versatility and value, well-suited for investors or those with development ambitions.

Currently tenanted with a reliable fixed-term lease, the home offers an immediate income stream, making it a prudent investment balancing yield and long-term capital growth potential.

For buyers with redevelopment goals, the expansive block provides a flexible canvas (subject to council consent) for subdivision, extension, or substantial renovation projects. The large frontage enhances the scope for multiple configurations to maximize land use or improve rental appeal.

Inside, the home features a practical and functional layout with three spacious bedrooms, separate living and dining areas, a well-arranged kitchen with electric cooking, and a centrally located bathroom with both a bathtub and shower, meeting everyday living needs comfortably.

The solid foundation offers future renovators a confident base to either freshen with cosmetic improvements or undertake comprehensive modernisation. Outside, the fully fenced rear yard is extensive and secure, enhanced by a long concrete driveway, carport, and verandah, providing ample space for vehicle storage or additional enhancements.

Elizabeth Downs is a rapidly evolving northern suburb prized for its value and accessibility to major amenities. The area benefits from proximity to local schools, recreational parks, and key shopping and entertainment precincts including Playford Alive Town Centre and Elizabeth Shopping Centre. Well-serviced by public transport, residents enjoy straightforward commuting options to the Adelaide CBD and surrounding regions.

Three well-sized bedrooms delivering comfortable accommodation
Central living area equipped with ceiling fan and air conditioning for climate control
Functional kitchen and dining space with electric cooking facilities
Bathroom featuring a separate bathtub and shower for convenience
Sturdy brick construction providing longevity and stability
Spacious 780sqm allotment with a notable 19m frontage enhancing development prospects
Large secure rear yard complimented by a concrete driveway, carport and verandah
Investment opportunity with current tenancy generating immediate income

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.

Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

Saturday, 24 October 2026

11:30 AM - 12:00 PM ACDT

This property has had 3 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.