5 Charles Way, Hillbank, SA 5112 - More Details
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Positioned in a peaceful Hillbank setting, this well-presented three-bedroom, two-bathroom home offers a smart combination of family-friendly living, low-maintenance outdoor space and immediate investment security. Currently tenanted until 15/04/2027 and returning an attractive $2,911.31 per month, this is a ready-made opportunity for investors while also offering excellent long-term appeal for families planning ahead.
Inside, the home provides a practical and versatile layout with two separate living areas, giving families the space to spread out, relax and entertain. The front lounge offers a comfortable retreat, while the open-plan family, dining and kitchen area sits at the rear of the home and flows directly to the outdoor entertaining area.
The kitchen is modern and functional, featuring generous bench space, a breakfast bar, ample cabinetry, dishwasher, oven and excellent connection to the dining and family zone. Large windows and sliding doors help bring in natural light, while neutral tones throughout give the home a fresh and welcoming feel.
Accommodation includes three bedrooms, with the main bedroom featuring a walk-in robe and ensuite. Bedrooms two and three are positioned near the main bathroom, with the floorplan also offering a separate toilet and laundry for everyday convenience. Comfort is further enhanced by ducted reverse-cycle air conditioning, while roller shutters to the front windows and a remotely monitored security system provide added peace of mind. Solar panels with generous feed-in rates also help improve energy efficiency and reduce ongoing electricity costs.
Outdoors, the home continues to impress with a large covered pergola and paved entertaining area, ideal for weekend barbecues, family gatherings or relaxed evenings outside. The rear yard is neat, private and easy to maintain, with lawn space, landscaped garden beds and a garden shed. A single garage under the main roof provides secure parking, while the driveway offers additional off-street parking.
The location adds strong family appeal, with the property positioned within the catchment for Salisbury Heights Primary School, approximately 1.47km away, and Playford International College, approximately 2.97km away. Other nearby education options include Elizabeth Vale Primary School at approximately 1.29km, Elizabeth Grove Primary School at approximately 1.93km, Pinnacle College Elizabeth East Campus at approximately 2.78km, and Tyndale Christian School at approximately 3.32km.
Shopping and daily essentials are also close by, with Elizabeth Vale Shopping Centre and IGA on John Rice Avenue nearby, plus Elizabeth City Centre offering major shopping, dining and entertainment options at 50 Elizabeth Way, Elizabeth.
For outdoor recreation, Jo Gapper Activity Park is a fantastic local destination, offering a playground, football oval, basketball and tennis courts, walking trails, lookout and an off-lead dog park. Public transport is accessible, with Adelaide Metro bus services operating from nearby Black Top Road, including route 430 services to Elizabeth.
Key features:
β’ Three-bedroom, two-bathroom home
β’ Main bedroom with walk-in robe and ensuite
β’ Two separate living areas
β’ Open-plan kitchen, dining and family area
β’ Modern kitchen with breakfast bar, dishwasher and ample storage
β’ Main bathroom, separate toilet and separate laundry
β’ Ducted reverse-cycle air conditioning for year-round comfort
β’ Roller shutters to front windows
β’ Security system for added peace of mind
β’ Solar panel system
β’ Single garage under the main roof
β’ Covered outdoor entertaining area
β’ Low-maintenance rear yard with garden shed
β’ Approximately 425mΒ² allotment
β’ Built in 1993
β’ Currently tenanted until 15/04/2027
β’ Rental income of $2,911.31 per month, approximately $34,935.72 per annum
For families, this is a comfortable and practical home in a well-connected location close to schools, shops, parks and public transport. For investors, it offers immediate rental income, a secure tenancy and a highly rentable floorplan in an established northern suburbs location.
Contact Luke Alexander from Professionals Elizabeth to arrange your inspection or request further information.
Investor Note:
For investors, this property offers immediate income from day one, with the home currently tenanted until 15/04/2027 and returning $2,911.31 per month. A rental appraisal can also be provided on request.
Whether you purchase this property or another through a different agency, our dedicated Asset Management team is here to help you maximise your investment from day one. We can provide a detailed rental appraisal on this property, outline current market rental returns, and develop a tailored strategy to attract and secure high-quality tenants. With proactive management and a focus on long-term performance, we'll ensure your investment is positioned to deliver strong, consistent returns well beyond settlement.
RLA 316093
- Type
- House
- Bedrooms
- 3
- Bathrooms
- 2
- Parkings
- 2
- Area
- 425 mΒ²
- Study
- 1
