Positioned in the heart of Christies Downs, 12 Elizabeth Street presents a compelling opportunity for developers, investors and land buyers seeking a project with genuine future upside. Set on a generous allotment within an established residential pocket, the property already has a development application submitted for four townhouses, providing a clear pathway for those looking to capitalise on the site's potential.
With demand for modern, low-maintenance housing continuing to grow across Adelaide's southern corridor, opportunities to secure well-located development sites are becoming increasingly limited. Whether progressing with the proposed plans or exploring an alternative vision (STCC), this property offers flexibility, scale and strong long-term value.
The Home.
Currently situated on the allotment is a three-bedroom residence with one bathroom and a double garage. The property is currently in a periodic tenanacy, providing holding income for investors while future plans for the site are considered.
The home itself remains largely in original condition and presents scope for improvement, rental retention, or redevelopment. While the existing dwelling offers practical use in the short term, the true appeal of the property lies in the landholding and the opportunity to unlock its full development potential.
The Features.
Development application submitted for four townhouses
Generous allotment with excellent redevelopment potential (STCC)
Existing three-bedroom home with one bathroom and double garage
Currently tenanted (Periodic) , offering holding income
Strong demand for new housing across Adelaide's southern corridor
The Neighbourhood.
Christies Downs continues to attract strong interest thanks to its affordability, connectivity and proximity to Adelaide's southern coastline. Residents enjoy easy access to local schools, parks, shopping centres and public transport, while the popular beaches of Christies Beach and the wider Fleurieu Peninsula are just minutes away.
With continued growth across Adelaide's south and increasing demand for new housing, sites offering scale and development potential such as this are becoming increasingly sought after.
For further information on the proposed development or to arrange a site inspection, contact the team today.
The vendor's statement may be inspected at Teague Real Estate, 171 Goodwood Road, Millswood SA 5034 for 3 consecutive business days immediately preceding the auction, and at the auction for 30 minutes before it starts.
On behalf of Teague Real Estate, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should view the property and seek independent advice if they wish to proceed.
Please note some advertising photos have been digitally altered to include virtual furniture. Disclaimer can be found at teaguere.com.au | RLA 274363
