1 Benham Street, Elizabeth East, SA, 5112

SoldFeb 18, 2026

1 Benham Street, Elizabeth East, SA, 5112

$905,000

1018 m²

House

•

19 days on the market

Sold: Feb 18, 2026

What's around 1 Benham Street

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