Back 11/41 Queen Elizabeth Drive
Off Market

11/41 Queen Elizabeth Drive

Barmera SA 5345

2
1
2
House
Last sold for $265,000
Greg CramGreg Cram, last sold this property on 17 March 2026 after 21 days on market.

Overview

Lease in Place - Lifestyle on Offer!

Positioned just approximately 125 metres from the shores of Lake Bonney, this neat and well-maintained two-bedroom unit presents an outstanding opportunity to secure an affordable property in one of Barmera's most tightly held and highly sought-after lakeside precincts. Currently leased to an excellent tenant at $250 per week until February 2026, the property offers immediate rental income and peace of mind for investors seeking a secure, low-maintenance addition to their portfolio. Constructed of solid besser block, the home provides durability and long-term reliability, making it an attractive option for both seasoned and first-time investors. Inside, the open-plan kitchen, dining and living area is light-filled and functional, complete with floating floors and reverse-cycle air conditioning for year-round comfort. The updated kitchen features an electric cooktop, underbench oven and pantry cupboard, offering practical storage and everyday convenience. Both bedrooms are well-proportioned and fitted with ceiling fans, each enjoying delightful glimpses of Lake Bonney. The combined bathroom and laundry includes a rainfall shower, vanity, WC and additional storage, maximising space and functionality. Outdoors, a private paved courtyard with established, low-maintenance native gardens provides a peaceful setting to relax or entertain, while a dedicated single carport ensures convenient off-street parking. With affordable quarterly strata fees of approximately $242, this property appeals to a broad range of buyers including first-home buyers, downsizers and savvy investors. Continue leasing for reliable returns, plan for future owner-occupation, utilise as a holiday shack, or explore the potential for short-term accommodation such as Airbnb (subject to any necessary approvals). Offering an enviable lakeside lifestyle combined with promising long-term capital growth potential, this is a rare opportunity to secure a quality property in a blue-chip Barmera location. Greg Cram 0439 890 822 Patrick Larkin 0493 231 495 RLA: 315295 Disclaimer: While diligent efforts have been made to ensure the accuracy of the information provided, no responsibility or liability is assumed for any errors, omissions, or inaccuracies. Prospective buyers are advised to conduct their own inquiries to verify the information presented. Furthermore, the agent makes no representations or warranties concerning property boundaries or potential encroachments; all aerial imagery is for illustrative purposes only. Buyers should independently confirm property boundaries prior to entering into any contractual agreement.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
House

Estimated Value

We need at least 3 similar 2 bedroom houses sold in Barmera over the last 12 months.

Property history for 11/41 Queen Elizabeth Drive

2026
Sold
$265,000
17 Mar 2026 by Greg Cram, of Ray White Renmark | Waikerie
2025
Rented
Undisclosed
Leased on 26 Feb 2025 by Ray White Renmark | Waikerie
2017
Rented
Undisclosed
Leased on 02 Oct 2017 by Ray White - Berri | Barmera | Loxton | Waikerie

Happy sellers in Barmera

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

Local market activity for 2 bedroom houses in Barmera

In the last 12 months, 1 two-bedroom house similar to 11/41 Queen Elizabeth Drive, have been sold.

This represents a 67% increase in two-bedroom houses sales when compared to the previous 12 months.

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