4 Walter Street, Elizabeth Downs, SA 5113-Image

For Sale

4 Walter Street, Elizabeth Downs, SA 5113

4 Walter Street, Elizabeth Downs, SA 5113

$729,000-$759,000

House

Type

Bedrooms

Bathrooms

Parkings

810 m²

Area

Published on Wednesday, July 22, 2026 ( See property details for 4 Walter Street, Elizabeth Downs, SA 5113)

$729,000-$759,000

Kim Rondeau - Real Estate Agent - Savvy Estates - RLA 306679

Kim Rondeau Director

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AI Property Insight

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

A versatile development opportunity with a well-maintained three-bedroom home on a large, level parcel in a quiet, high-demand suburb, offering immediate rental income and future potential.

🏡 Property Highlights

Substantial 810m² level land with 26-metre frontage, ideal for development or subdivision
Existing well-maintained three-bedroom home with modern updates and secure tenancy until May 2027
Immediate rental income of $510 per week provides strong cash flow
Quiet street shared by only six homes, offering privacy and community appeal
Prime location close to shops, schools, and major shopping centres including Munno Para and Elizabeth City Centre
Potential for future residential development, subject to STCC

✨ Key Features

Open-Plan Living
Built-in Robes
Air Conditioning
Garden / courtyard
Shed
Security Screens / Gates
Floorboards
External Laundry
Pet-Friendly
Fully fenced

Suburb and Property Insights of Elizabeth Downs, SA 5113

Elizabeth Downs is a sought-after suburb known for its family-friendly environment, convenient access to major shopping centres and schools, and a strong community vibe. The area offers excellent development potential with large, level parcels of land, making it ideal for investors and developers. Its proximity to amenities ensures a high demand for both rental and owner-occupier properties. The neighbourhood’s peaceful streets and strategic location make it a prime choice for future growth and lifestyle convenience.

Frequently Asked Questions

What are the development possibilities for this property?

The large, level land parcel with a 26-metre frontage offers potential for subdivision or new residential development, subject to all necessary planning and statutory approvals from the relevant authorities.

Is the current home suitable for tenants?

Yes, the existing three-bedroom home is in excellent condition, currently tenanted at $510 per week until May 2027, providing immediate rental income.

What amenities are nearby?

The property is conveniently located close to local shops, schools, Munno Para Shopping City, and Elizabeth City Centre, offering easy access to shopping, education, and community facilities.

What is the condition of the existing house?

The house is well maintained, featuring an updated kitchen, spacious lounge with split-system air conditioning, new carpet, and roller blinds throughout.

Are there any restrictions or covenants on the land?

Any restrictions or covenants would be subject to local council regulations and planning approvals, which should be verified prior to purchase.

What to ask about this property to agent?

Are there any existing planning or zoning restrictions that could affect future development or subdivision plans? What are the potential costs associated with obtaining all necessary planning and statutory approvals? Are there any known issues with the land, such as drainage, soil stability, or easements? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property’s value or living environment? What are the strata or community title considerations, if applicable? Are there any hidden costs or fees associated with the property or its development potential? Has the property been inspected for pests, structural issues, or other defects? Are there any restrictions on the type of development or modifications allowed on the land? What are the local council’s future planning strategies that could influence the area’s growth?

4 Walter Street, Elizabeth Downs, SA 5113 - More Details

$729,000-$759,000

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 810 m²

4 Walter Street, Elizabeth Downs, SA 5113 - Point Of Interest

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Your Commute at a Glance: 4 Walter Street, Elizabeth Downs, SA 5113

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4 Walter Street, Elizabeth Downs, SA 5113

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