24 Wexcombe Street

Elizabeth Vale SA 5112

1093 m²

House

Currently for sale - view listing

Overview

Prime Dual-Property Corner Investment – Exceptional Development & NDIS Potential (STCC) in Elizabeth Vale

Discover an outstanding opportunity in the heart of Elizabeth Vale with this rare pair of adjoining solid-brick homes offered for sale together on a substantial corner allotment of approximately 1,093m² featuring dual street frontages to Wexcombe Street and Tidcombe Street. Perfectly positioned for investors, developers or NDIS providers seeking immediate income combined with significant upside, the properties deliver a combined rental potential of $840–$880 per week while opening the door to exciting future uses including supported accommodation or multi-unit development subject to council approval (STCC).. 24 Wexcombe Street presents a bright and comfortable 2-bedroom, 1-bathroom home, currently vacant and ready for your immediate plans. Enjoy a light-filled living area that flows into a functional kitchen and dining zone, a central bathroom, generous rear yard with room for entertaining or improvements, and convenient off-street parking. With strong local demand, this residence is ideally suited to achieve rental returns of $460–$500 per week. Next door at 10 Tidcombe Street sits a well-maintained 3-bedroom, 1-bathroom home built in 1962, securely tenanted on a periodic lease and returning a reliable $380 per week. The practical layout and established neighbourhood charm ensure ongoing tenant appeal and steady cash flow from day one . Together these two properties create a powerful investment package on a prime corner block with excellent street appeal and flexibility. The combined land holding offers genuine scope for NDIS-compliant accommodation given the close proximity to both Lyell McEwin Hospital and Calvary Central Districts Hospital, or for subdivision and further residential development (STCC). Elizabeth Vale continues to experience solid growth, supported by its convenient access to Elizabeth City Centre, quality schools, parks, public transport links and all daily essentials. Whether you are looking to secure a high-yielding dual-income portfolio with low vacancy risk, capitalise on development potential in a high-demand northern suburb, or establish specialist housing near major health facilities, this versatile corner offering is a standout opportunity. The current configuration provides instant returns while the location and land size unlock long-term value. Don't miss this chance to acquire two tightly held homes as one strategic holding in a tightly held pocket of Elizabeth Vale. Contact the listing agent today to arrange your private inspection and secure this unique package before it's gone. Belle Property Unley, RLA 285 137