20-22 Stone Road, Elizabeth Downs SA 5113

Combined land area approximately 1,038 m²

Offered together, these adjoining semis present an opportunity to secure two homes on separate titles with a substantial combined landholding.

Each home has three bedrooms, a living room, a kitchen and dining area, a bathroom and a separate laundry.

The floor plans show a rear pergola at 20 Stone Road and a carport with roller door at 22 Stone Road.

Both properties have generous outdoor space, giving buyers room to consider how best to use the site.

Investors may see the appeal of two separately titled homes and the potential for two rental income streams.

The combined 1,038 m² also invites a closer look at future improvements or development, subject to the necessary consents and approvals.

Whether you are looking to invest, renovate or explore the longer-term possibilities, this is a chance to purchase both properties in one transaction.
Inspect the homes, walk the land and see the potential for yourself.
Combined potential rental yield of $980/week.

Number 22 is currently leased at $420/week and number 20 was leased at $440/week.

Inspect with John Lyrtzis 0411507930

SPECIFICATIONS:
CT // 5722/357 and 5722/358
Zone // General Neighbourhood (Z2102) - GN

Built // 1960
Council // City of Playford
Council Rates // $1,919.60/yr and $1,860.10/yr
SA Water // TBA
ESL // $TBA

Estimated Rent // Written assessment provided upon request.
DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give us a phone call to arrange a free no obligation market opinion.
If a land size is quoted it is an approximation only. You must make your own enquires as to this figure's accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquires and site requirements should be directed to the local govt. authority.
Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. You should assess the suitability of any purchase of the land or business considering your own needs and circumstances by seeking independent financial and legal advice.
RLA 46442