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Back 1 Benham Street
Off Market

1 Benham Street

Elizabeth East SA 5112

3
1
2
1018 m²
House
Last sold for $905,000
Sadeq AL-KHALIDISadeq AL-KHALIDI, last sold this property on 17 February 2026 after 18 days on market.

Overview

Exceptional Investment & Development Opportunity (STCC) on 1018sqm (Approx.)

Positioned on a substantial 1018sqm (approx.) allotment, this well-maintained three-bedroom residence presents an outstanding opportunity for investors, developers, and astute buyers seeking long-term growth in a rapidly evolving location. The home has been well cared for throughout and is currently leased at $1,000 per fortnight, delivering a strong and secure rental return. The existing lease is in place until 14 July 2026, providing immediate income and stability while you plan future options. A standout feature of this property is the approved Development Application for subdivision into three separate properties (STCC). This approval unlocks exceptional potential for redevelopment, whether you choose to subdivide, build, or hold as a long-term investment. Opportunities of this scale and flexibility are increasingly rare, making this a highly desirable offering. The generous land size allows for multiple future pathways, appealing to a wide range of buyers including developers, investors, and owner-occupiers looking to capitalise on future growth. Conveniently located close to local schools, shopping facilities, public transport, and key amenities, the property offers both lifestyle convenience and investment appeal. Property features include: Three spacious bedrooms Well-maintained home with comfortable living spaces Large 1018sqm (approx.) allotment Currently leased at $1,000 per fortnight Lease secured until 14 July 2026 DA approval for subdivision into three properties (STCC) Strong rental return with significant future upside Ideal for investors, developers, or land bankers For sale via Auction through Belle Property Mawson Lakes. We invite you to attend the open inspections or contact our professional sales team for further details on this exceptional opportunity. Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. RLA 336109

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1018 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Elizabeth East over the last 12 months, the estimated median property value of 1 Benham Street is $652.5k.

Median value
$652.5k
Estimated value range
$460k - $905k
Median days on market
24
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elizabeth East. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Benham Street

2026
Sold
$905,000
17 Feb 2026 by Sadeq AL-KHALIDI, of Belle Property Mawson Lakes
2025
Sold
$690,000
04 May 2025 by Sadeq AL-KHALIDI, of Belle Property Mawson Lakes
2021
Sold
Undisclosed
22 Jun 2021 by Dominic Cirillo, of Ray White Craigmore

Happy sellers in Elizabeth East

97%
97% of sellers in Elizabeth East reported that their sale price either exceeded or met their price expectations.

Elizabeth East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Elizabeth East over the last 12 months.

Local market activity for 3 bedroom houses in Elizabeth East

In the last 12 months, 68 three-bedroom houses similar to 1 Benham Street, have been sold.

This represents a 9% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Elizabeth East

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Roy Laird

Sellers who recommend Roy Laird have praised them for being clear communication, local expert and well-prepared

  •   5   (66 reviews)
  •  3 Reviews in Elizabeth East
  •  3 Sales in Elizabeth East
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Krish Gajera

Sellers who recommend Krish Gajera have praised them for being local expert, clear communication, responsive, supportive, great negotiation, reliable and trustworthy

  •   4.9   (293 reviews)
  •  3 Reviews in Elizabeth East
  •  1 Sale in Elizabeth East
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Nadia Asim

Nadia Asim is a recommended agent for Elizabeth East.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (8 reviews)
  •  2 Reviews in Elizabeth East
  •  1 Sale in Elizabeth East
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Mitul Thakkar

Mitul Thakkar is a recommended agent for Elizabeth East.  They have collected 2 local reviews across the last 12 months.

  •   5   (32 reviews)
  •  2 Reviews in Elizabeth East
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