SoldFeb 10, 2026

38 Stakes Cres, Elizabeth Downs, SA, 5113

$495,000

3
1
1
75 m²
513 m²

House

8 days on the market

Sold: Feb 10, 2026

What's around 38 Stakes Cres

Solid Brick Simplicity on a Spacious 513sqm Allotment!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser* Virtual Tour Link: https://shorturl.at/AXwWl To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/ Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market a neat and tidy rendered maisonette that offers comfort today with exciting potential for the future. Set on a generous 513sqm block, this solid brick three bedroom home is an excellent opportunity for first home buyers looking to step into the market or investors seeking reliable returns with long term upside. The property is currently leased by great tenants, returning $410 per week until 09/09/2026, making it an appealing set and forget investment with immediate income. From the moment you arrive, the home presents as welcoming and well maintained. You enter directly into the cosy front lounge room, where large windows allow an abundance of natural light to flow through the space. Roller blinds provide privacy, while the reverse cycle split system air conditioner ensures year round comfort. Pine floorboards run throughout the home, adding warmth and continuity across the living areas. Positioned at the heart of the home is the combined kitchen and dining area, a functional space designed for everyday living. The kitchen features sleek white 2PAC cabinetry with overhead cupboards, Caesar stone benchtops and a practical 1.5 sink with mixer tap. A built in pantry offers additional storage, making the area both stylish and efficient for daily use. All three bedrooms are set off the central hallway, each offering comfortable proportions and fitted with block out curtains. The internal layout is completed by the bathroom and laundry located toward the rear of the home, along with a separate toilet for added convenience. Step outside to discover an expansive backyard that is ready for revival. With ample space on offer, there is excellent potential to extend the living area, create thriving gardens, establish outdoor entertaining zones or even add a pool (Subject to Approval from Council & All Other Relevant Authorities - STCA). A shed provides valuable additional storage, ideal for tools, hobbies or general household needs. Key features you'll love about this home: - Solid brick home on a 513sqm allotment - Reverse cycle split system air-conditioning in the lounge - Functional kitchen with Caesar stone benchtops - Pine floorboards throughout the living areas and bedrooms - External shed for additional storage Located in a convenient pocket of Elizabeth Downs, the home is well connected to everyday amenities ensuring strong appeal for both tenants and owner occupiers alike. You can walk to the local bus stop, Uley Playground and Munno Para City Soccer Club. Elizabeth City Centre and Elizabeth Rise Shopping Centre are a short drive away offering many dining and shopping options. For families, Elizabeth Downs Primary School is a short walk while Taparra Primary School, Craigmore High School and Hope Christian College are all nearby. Convenient access to Main North Road offers a 40-minute drive to Adelaide CBD or a quick trip to the Barossa Valley. Whether you are starting your property journey or expanding your portfolio, this is a smart opportunity offering space, stability and future potential in one complete package. Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect! Year Built / 1960 (approx) Land Size / 513sqm (approx - sourced from Land Services SA) Frontage / 14.65m (approx) Zoning / GN-General Neighbourhood Local Council / City of Playford Council Rates / $1,719.71pa (approx) Water Rates (excluding Usage) / $705.20pa (approx) Es Levy / $95.15pa (approx) Current Rental / $410pw until 09/09/2026 Estimated Rental / $410-$450pw Title / Torrens Title 5900/818 Easement(s) / Subject to party wall rights and service easement for sewerage - See title Encumbrance(s) / Nil Internal Living / 70.1sqm (approx) Total Building / 84.3sqm (approx) Construction / Solid Brick Gas / Not Connected Sewerage / Mains Selling Investment For additional property information such as the Certificate of Title, please copy and paste this link into your browser: https://vltre.co/har2XU If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction. Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/ Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

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