41 Jeffries Road, Elizabeth South SA 5112

$390k - $425k

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$350k - $400k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 2 Cars 680 m²

Listed: 5 days ago

Updated: 2 days ago

Overview

Situated on a generous 680 square meter allotment in the thriving northern growth corridor, this property offers a versatile opportunity for builders, investors, and renovators alike. With a current Housing Improvement Order, the existing 3-bedroom, 1-bathroom structure is being sold in as-is condition, providing a blank slate for redevelopment or renovation projects.

The sizeable land area with standard street frontage invites possibilities such as demolishing the old structure to build a modern residence tailored to your specifications (subject to council approval), exploring multi-dwelling development or subdivision opportunities, or undertaking a major renovation to restore and enhance the home’s value.

The property’s allowance to build a granny flat offers potential dual income for savvy buyers looking to maximize returns.
Its location within a growth corridor enhances the promise of future value appreciation.
This property suits ambitious builders looking for a new project, investors aiming to capitalize on land potential, or renovation enthusiasts seeking a rewarding flip opportunity.

Given the current Housing Improvement Order and structural concerns, inspections are strictly by appointment with the agent. This unique opportunity beckons those prepared to unlock significant upside potential with thoughtful planning and investment.

Local Market Insights

In Elizabeth South, Quiet Listings observed 25 new houses entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $708,960. The property type mix of listed properties is predominantly Houses at 91%, followed by commercial properties (6%), and land (3%). The most active agency for houses in the Elizabeth South area is currently Ray White, representing 40% 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.