Positioned within one of Adelaide's rapidly growing northern precincts, 36 & 38 Stone Road, Elizabeth Downs presents an outstanding opportunity to secure two adjoining properties offering flexibility, strong returns, and exciting future potential.
Available to purchase individually or together, these recently renovated homes are set on two separate titles within the General Neighbourhood Zone. Occupying a substantial combined allotment of approximately 1,000sqm with an impressive frontage of approximately 25.6 metres, the properties also feature wide driveway access to the rear yards, enhancing both practicality and future development possibilities (STCC).
Each residence offers a comfortable and functional floorplan comprising three bedrooms and one bathroom, with recent renovations providing fresh modern appeal and immediate liveability. Whether you are an owner occupier seeking flexibility, an investor looking for solid returns, or a developer searching for your next project, this opportunity caters to a wide range of buyers.
Currently returning an estimated combined rental income of approximately $48,800 per annum, the properties offer an attractive income stream while you plan for the future.
Perfectly positioned between Munno Para Shopping Centre and Elizabeth City Centre, the homes are conveniently located close to Argana Park, local schools, public transport, and a variety of everyday amenities, ensuring excellent lifestyle convenience and ongoing tenant appeal.
Opportunities offering this combination of land size, versatility, location, and future potential are becoming increasingly difficult to secure. Whether you choose to invest, develop, landbank, or simply enjoy the flexibility on offer, 36 & 38 Stone Road represents a rare and exciting opportunity in a thriving location.
Opportunities like this don't last longcontact Angelo today to secure your future on Stone Rd.
