Corner Block Opportunity with Exciting Development Potential

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

36 Justinian Street, Elizabeth Downs SA 5113

Contact Agent

Search Band Search Visibility Band

$550k - $600k Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 1 Car

Listed: 14 hours ago

Overview

Situated in a strategic corner allotment in Elizabeth East, this established solid brick home offers a versatile opportunity for a variety of buyers including developers, investors, and those seeking to renovate or enhance an existing residence. The prime corner position enhances flexibility in possible redevelopment options, subject to council consents, making it a compelling prospect where future growth can be unlocked.

The property currently provides a practical base with three bedrooms and a single bathroom, structured for straightforward renovation or rental investment. Its fully fenced grounds bolster privacy and security, while the provision of a carport adds practical parking convenience. The enduring nature of the property's brick construction contributes to its solid appeal and potential longevity.

Located within easy access of essential amenities such as local schools, shopping precincts, and public transport, it perfectly balances functional suburban living with promising long-term prospects. This residence is particularly suited for buyers who appreciate the value of a corner block and are motivated by the scope to add value or explore development opportunities within Adelaide’s northern suburbs.

Local Market Insights

In Elizabeth Downs, Quiet Listings observed 40 new houses entering the market over the last 30 days, up from 33 during the previous 30-day period, with an average advertised asking price of $615,108. The property type mix of listed properties is predominantly Houses at 91%, followed by land (7%), and duplexes (2%). The most active agency for houses in the Elizabeth Downs area is currently Ray White, representing 48% of new listings, followed by Edge Realty - RLA 256385 with 15%. 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.