Highlights

Sold Price : $550,000
Sold Date : 2022-11-03

Massive Dual income opportunity on a 1068 m2 Block!

Krish Gajera from exp realty Proudly present this Opportunity set out on a very Generous 1068 m2 of land in the growingly popular suburb of Elizabeth Downs. With 29 mt (Approx) Frontage and 38.71 mt (aprox) Deep Square block, the long term Opportunity are abundant.

By No mistake this Property will be sold soon. So be quick and enquire now before its sold.

Set on 2 Separate title, this property offers enormous rental return potential of approx. $620/week for both dwellings. Original home offers 3 bed & 1 Bath house.

6 Johnston road currently under Fixed lease and renting $310/week until 12/11/26
8 Johnston rd currently tenanted under fixed term lease until 22/6/23 @$310/week

Most importantly one more pair of semi detached house also available for sale just behind this 2 dwelling which makes this property great development potential

Whether you want to live in one property and rent out the other, helping to pay down the mortgage or enjoy two rental properties in one, you are sure to love this amazing opportunity.

There is a total of 6 bedrooms, 2 bathrooms and plenty of off road parking for the whole family. This will serve as the hub of daily life and will be a favourite place to gather whether you're watching a movie with the kids or simply relaxing at the end of the day.

Features that you love!
* 3 Good size bedroom each dwelling
* Separate Lounge on each dwelling
* Close to shops and schools
* Good rental return of $620/week for both dwelling


The location is certainly hard to beat. You'll have Elizabeth Downs Primary school just a short stroll away, and there are also local shops and bus stop nearby. Argana park and the munno para shopping city in just minutes while quick access to main north road makes for a hassle free commute.

Call Krish Gajera to inspect! M-0425132642

Inspections by Appointment only.

If You Would like to Submit an Offer, Please Use this This link

https://bit.ly/3r3UfDs

If you would like to find out How Much Your House worth, Please click this link

https://bit.ly/3yPgyzu

Year Built / 1960 (approx)
Land Size / 1024 sqm (approx)
6 Johnston rd - 534sqm
8 Johnston rd - 534sqm
Frontage / 29m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Playford
Council Rates / $1,300 pa per property (approx)
Water Rates (excluding Usage) / $500 pa per property (approx)
Es Levy / $90 pa per property (approx)
Title / Torrens Title
Easements / Subject to service easement & party wall rights - See title
Construction / Solid Brick & Brick Veneer
Build year: 1960

RLA 300 185


Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.