10/515 Main North Road

Elizabeth SA 5112

97 m²

Unit

Last sold for $335,000

Jim De Gregorio, last sold this property on 21 May 2025 after 50 days on market.

Overview

Effortless Living Awaits

Nestled in a close-knit community, this charming 2-bedroom home at 515 Main North Road is the perfect retreat for first-time buyers, savvy investors, or those seeking a delightful downsizer. Positioned on the ground level within a small group of homes, it offers a peaceful and private setting, creating a warm and welcoming atmosphere. The home exudes simplicity and practicality, with a seamless flow between the living and dining areas, enhanced by natural light pouring through large windows. The efficiently designed kitchen features sleek cabinetry and modern fixtures, making it the heart of the home where culinary creativity can flourish. Both bedrooms are generously sized and include built-in robes, ensuring ample storage while maintaining a clean and clutter-free environment. The bathroom and laundry area blend understated elegance with functionality, offering convenience and ease. Located just a short stroll from the vibrant Elizabeth Shopping district, this home offers unparalleled convenience. Public transport is within walking distance, and the Adelaide CBD is only 25km away, making connectivity a breeze. Currently leased under a fixed-term agreement until January 2026, with tenants eager to stay on, this property presents an excellent opportunity for investors or those looking to secure their first home with guaranteed rental income. Set within a well-maintained, secure complex, the home also features a cozy courtyard—perfect for enjoying a morning coffee or evening relaxation. A practical one-car garage adds further value, providing secure parking and additional storage. Key Features: • Ground-level unit in a small, tight-knit community • Built in 1960 • Secure, gated complex • Updated kitchen with electric appliances • Updated bathroom • Built-in storage in both bedrooms, plus additional linen press • Low strata administration fees ($589.85 per quarter) and sinking fund ($84.35 per quarter) • Long-term tenancy in place until January 12, 2026 • Zoned for Playford International College and Elizabeth East Primary, with other schooling options nearby Experience effortless living at 515 Main North Road, Elizabeth—where comfort, convenience, and a promising investment opportunity meet.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

97 m² floor area

Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Elizabeth over the last 12 months, the estimated median property value of 10/515 Main North Road is $352.5k.

Median value

$352.5k

Estimated value range

$335k - $385k

Median days on market

Estimated value trend

-27%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Elizabeth. 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 10/515 Main North Road

2025

Sold

$335,000

21 May 2025 by Jim De Gregorio, of TOOP+TOOP

2019

Rented

Undisclosed

Leased on 02 Jan 2019 by Elders Real Estate Barossa

2017

Rented

Undisclosed

Leased on 13 Dec 2017 by Elders Real Estate Barossa

Happy sellers in Elizabeth

We have insufficient information to provide an overview of customer satisfaction for Elizabeth. Viewing the agent profiles, reviews and sales for Elizabeth can provide insights for this location.