*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/fTHrJ
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market an opportunity to secure an exceptional holding of two semi-detached homes, set on a valuable 1,379sqm approx. block in the heart of Elizabeth Downs. With a spacious and flexible floorplan, this property presents endless possibilities and is returning a combined $900 per week. This standout offering combines land value, immediate rental returns and genuine future potential!
Step inside and you'll find both homes offer easy-care living, with each featuring a spacious lounge room finished with character pine floorboards that flow throughout.
The combined kitchen and meals area includes electric cooking appliances, ample cabinetry, a built-in pantry and plenty of bench space, providing a functional hub for everyday living. At #24 you'll also find a convenient dishwasher, ready to make clean up a breeze!
Each residence encompasses four well-proportioned bedrooms, and both homes' Bedroom 4 come with air-conditioning units. To service them is the laundry and main bathroom set at the rear. The inclusion of a separate toilet enhances convenience for occupants.
Both properties have an expansive yard for kids and pets to play freely in, and offer ample scope for future development (Subject to Approval from Council & All Other Relevant Authorities - STCA). #24 is treated to a semi-enclosed pergola, perfect for Sunday BBQs or quiet evenings with a book in hand.
Key features you'll love about this home:
- Combined land size of approx 1,379sqm, with 33.65m frontage
- Current rental income of $900 per week
- Air-conditioning in Bedroom 4 at both properties
- Timeless pine floorboards throughout
- Parking bay behind the double gates at #22, and large pergola for entertaining at #24
Positioned in a rapidly developing neighbourhood, this location offers excellent access to schools, parks, shopping centres, and public transport-supporting strong rental demand and solid long-term growth. The local bus stop and Argana Park are just a short walk away, providing easy transport options and multiple sporting facilities. Everyday conveniences are covered with Munno Para Shopping Centre, Parks Shopping Centre, and Elizabeth City Centre all close by. Families will also appreciate the proximity to Elizabeth Downs Primary School and Craigmore High School. With the Adelaide CBD only 40 minutes away and the Barossa Valley just 30 minutes, you can enjoy city convenience with the suburban lifestyle comfort.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1960 (approx)
Land Size / 1,379sqm total, 705sqm & 674sqm (approx)
Frontage / 33.53m total, 16.77m & 16.76sqm (approx)
Zoning / GN - General Neighbourhood
Local Council / City of Playford
Council Rates / $1,811.14pa per property (approx)
Water Rates (excluding Usage) / $705.20pa per property (approx)
Es Levy / $103.90pa per property (approx)
Estimated Rental / $450-$490pw per property
22 Midlow Current Rental / Periodic lease of $430pw
24 Midlow Current Rental / Fixed lease of $470pw until 20/2/26
Title / Torrens Title 6033/340 & 6033/341
Easement(s) / Party Wall Rights & Service Easements for Sewerage to SA Water - See Title
Encumbrance(s) / Nil
Internal Living / 201.4sqm (approx)
Total Building / 262.3sqm (approx)
Construction / Brick Veneer
Gas / Not Connected
Sewerage / Mains
Selling Investment
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/MAev6d
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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