23 Bartlett Street & 4 Stakes Crescent, Elizabeth Downs, SA 5113

$998,000 - $1,096,000

House
Type
6
Bedrooms
2
Bathrooms
4
Parkings
1,152 m²
Area

Last updated on Saturday, May 16, 2026 ( See property details for 23 Bartlett Street & 4 Stakes Crescent, Elizabeth Downs, SA 5113)

$998,000 - $1,096,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual maisonette property on a spacious corner block, offering excellent investment, development potential, and family living options in Elizabeth Downs.

🏡 Property Highlights

  • Two solid brick maisonettes on a combined 1,152sqm corner allotment
  • Ideal for dual income investment, extended family living, or future development (STCA)
  • Currently returning a combined rental income of $900 per week
  • Ducted evaporative cooling and year-round comfort features in both homes
  • Renovated kitchens with modern appliances and ample storage
  • Multiple outdoor entertaining areas including pergolas, verandahs, and porches

✨ Key Features

  • Swimming Pool
  • Garage
  • Air Conditioning
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Low-Maintenance Yard
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23 Bartlett Street & 4 Stakes Crescent
Elizabeth Downs, SA 5113
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Vertical aerial view — 23 Bartlett Street & 4 Stakes Crescent
23 Bartlett Street & 4 Stakes Crescent — Vertical Aerial  •  Elizabeth Downs, SA 5113  •  Nearmap © 2026

Elizabeth Downs offers a family-friendly community with convenient access to shopping centres, parks, and schools. The area features a mix of established homes and development opportunities, making it ideal for investors and families alike. Residents enjoy easy transport links to the Adelaide CBD, local green spaces like Burdell Reserve, and a peaceful suburban lifestyle. The neighbourhood is well-served by amenities, with a strong sense of community and ongoing growth potential.

What are the current rental incomes and lease terms for the properties?
Both maisonettes are currently tenanted with fixed leases; 23 Bartlett Street returning $460 per week until 18/8/26, and 4 Stakes Crescent returning $440 per week until 13/7/26.
What development or renovation options are available for this property?
The property offers potential for future development or renovation, subject to council approval (STCA), making it suitable for investors or developers seeking to maximise the site.
Are there any easements or encumbrances affecting the property?
Yes, there are party wall rights and service easements for sewerage purposes; no encumbrances are recorded.
What are the zoning and planning restrictions for this property?
The property is zoned GN - General Neighbourhood, with potential for development subject to council approval.
What are the nearby amenities and transport options?
The property is within walking distance to a local bus stop, with shopping centres like Elizabeth North, Craigmore Village, and Munno Para just a short drive away. Schools and parks are also nearby, providing a convenient lifestyle.
Are there any upcoming council or development plans that could impact the property's value or use? What are the total costs involved in potential development or renovations, including permits and approvals? Are there any known structural issues or defects with either maisonette? Is there any history of flooding or bushfire risk in this area? Are there any restrictions or covenants on the property that could limit future use or modifications? What are the strata or body corporate arrangements, if applicable? Are there any planned nearby construction activities that could cause noise or disruption? What are the long-term maintenance costs for the property and outdoor areas? Is the property compliant with all current building and safety standards? Are there any additional costs or fees associated with the easements or party wall rights?

23 Bartlett Street & 4 Stakes Crescent, Elizabeth Downs, SA 5113 - More Details

$998,000 - $1,096,000

*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/04Wqe

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 an exciting and versatile opportunity offering two solid brick three bedroom maisonettes on a combined 1,152sqm (approx) corner allotment, ideal for investors seeking dual income potential, extended families wanting flexible living arrangements side by side or developers looking toward future possibilities (Subject to Approval from Council & All Other Relevant Authorities - STCA). Please note both properties are currently tenanted and returning a combined rental income of $900 per week.

Both homes welcome you directly into their respective lounge areas, offering ducted evaporative cooling throughout. At 23 Bartlett Street, warm pine floorboards are complemented by a split system air conditioning unit and ceiling fan light. Over at 4 Stakes Crescent, floating floors flow throughout the lounge, while roller shutters, a reverse cycle wall air conditioner and a combustion heater ensure year round comfort.

Both homes feature combined kitchen and meals areas designed for practical everyday living, each with functional L shaped layouts, sleek cabinetry, laminate benchtops and electric cooktops and ovens. At 4 Stakes Crescent, the kitchen is further enhanced with a built in pantry and overhead cupboards, while 23 Bartlett Street also offers overhead storage for added convenience. The adjoining meals spaces create a comfortable setting for casual dining and family gatherings alike.

Both homes offer three bedrooms designed for comfortable family living. At 23 Bartlett Street, the master bedroom and bedroom two feature ceiling fans and warm pine floorboards, while the master also enjoys a split system air conditioning unit. Over at 4 Stakes Crescent, the master bedroom includes a built in robe, ceiling fan and soft carpet flooring, with the remaining bedrooms also fitted with carpet.

Outdoors, both properties provide functional and versatile spaces designed for entertaining and everyday enjoyment. At 4 Stakes Crescent, a flat roof verandah with paved flooring overlooks the landscaped yard, while a welcoming porch creates an inviting entry point. Secure parking is also available behind gates. At 23 Bartlett Street, two pergolas and a porch offer multiple outdoor areas to relax and entertain, while a double carport and garage with tilt door provides secure vehicle storage.

Key features you'll love about this home:
- Two maisonettes on a combined 1,152sqm (approx) allotment
- Ideal investment or development opportunity (STCA)
- Ducted evaporative cooling throughout
- Renovated kitchens
- Covered outdoor entertaining areas
- Double width carport at 23 Bartlett
- Rainwater tank at 23 Bartlett

The location adds further appeal with a local bus stop within walking distance for easy commuting. Elizabeth North Shopping Centre, Craigmore Village Shopping Centre and Munno Para Shopping City are all just a short drive away for everyday shopping and dining needs. Burdell Reserve is only minutes away, providing open green space for families and outdoor enjoyment. Families are well catered for with Elizabeth Downs Primary School just down the road, while Craigmore South Primary School and Craigmore High School are also nearby. With the Adelaide CBD approximately 45 minutes away, you can enjoy suburban convenience while remaining connected to the city.

Please note that only 4 Stakes Crescent will be available for scheduled open inspections. Inspections for 23 Bartlett Street will be conducted strictly via private appointment only.

Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!

Year Built / 1960 (approx)
Total Land Size / 1,152sqm (approx)
23 Bartlett Land Size / 640sqm (approx)
4 Stakes Land Size / 512sqm (approx)
23 Bartlett Frontage / Irregular - 32.31m (approx)
4 Stakes Frontage / 17.08m (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)
23 Bartlett Current Rental / Fixed lease returning $460pw until 18/8/26
4 Stakes Current Rental / Fixed lease returning $440pw until 13/7/26
Title / Torrens Title 5071/655 & 5071/654
Easement(s) / Subject to party wall rights and service easements for sewerage purposes - See Titles
Encumbrance(s) / Nil
Internal Living / 162sqm (approx)
Total Building / 258.5sqm (approx)
Construction / Brick Veneer
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/Ms30cF

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.
Type
House
Bedrooms
6
Bathrooms
2
Parkings
4
Area
1,152 m²
House Size
201 m²

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