14 & 16 Johnston Road, Elizabeth Downs SA 5113

$900,000 - $950,000

6 beds

2 baths

Two Homes, Two Titles, Endless Opportunities!

James Frencken of LJ Hooker Craigmore | Elizabeth | Salisbury proudly presents this fantastic opportunity to secure one or both semi-detached homes in the heart of Elizabeth Downs!

Positioned on two separate titles with a combined landholding of approximately 965m�, these adjoining three-bedroom homes present an exciting opportunity for investors seeking dual rental income, those looking to expand their property portfolio or buyers wanting to explore future development potential (STCC).

Whether you're looking to secure an investment property, take advantage of two income streams or landbank for the future, the choice is yours. Purchase individually or secure both properties and maximise the flexibility and long-term potential on offer.

Both homes feature practical and functional floorplans, offering three bedrooms, one bathroom, separate lounge and dining areas, timber floorboards and spacious rear yards. Number 14 includes an updated bathroom vanity, while number 16 features split-system air conditioning and a carport with roller door.

Currently tenanted on fixed-term leases, both properties offer an attractive opportunity for investors seeking rental income while considering future improvements or development opportunities, subject to council consent.

Conveniently located close to Elizabeth Downs Primary School, local shops, parks and public transport, with Munno Para Shopping City and Elizabeth City Centre just a short drive away. Easy access to Main North Road and the Northern Connector adds further convenience for residents and commuters.

Key Features We Love:
- Two semi-detached homes on separate titles
- Opportunity to purchase individually or together
- Combined landholding of approximately 965m�
- Dual rental income potential
- Three bedrooms and one bathroom in each home
- Separate lounge and dining areas
- Timber floorboards
- Split-system air conditioning to number 16
- Updated bathroom vanity to number 14
- Spacious rear yards with established trees
- Carport with roller door to number 16
- Long-term investment and development potential (STCC)

Specifications:
- Council: City of Playford
- Combined Land Size: 965m� (approx.)
- Combined Frontage: TBA
- Titles: Two separate titles
- Built: 1960
- Rental Estimate 14 Johnston Road: $420�$440 per week
- Rental Estimate 16 Johnston Road: $440�$460 per week
- Tenancy: Both properties currently tenanted on fixed-term leases

Easements:
- SUBJECT TO PARTY WALL RIGHT(S) OVER THE LAND MARKED C (RE 7577770)
- SUBJECT TO SERVICE EASEMENT(S) OVER THE LAND MARKED A FOR SEWERAGE PURPOSES TO SOUTH AUSTRALIAN WATER CORPORATION (223LG RPA)
- TOGETHER WITH PARTY WALL RIGHT(S) OVER THE LAND MARKED B (RE 7577770)

Whether you're looking to secure one property or maximise the opportunity with both, this is a fantastic chance to invest in the growing northern suburbs!

For further information or to arrange an inspection, contact James Frencken of LJ Hooker on 0476 871 921.

To make an offer, visit the link below:
https://shorturl.at/wBGfX

Disclaimer:
We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA155355

Property Details

• Type: House
• Bedrooms: 6
• Bathrooms: 2
• Land Area: 965 m² (approx)