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48 Ashfield Road

Elizabeth, SA 5112, Australia
$715,000
3 bed 1 bath 1 car822m²

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Area Price Guide
$672,100$757,900

Indicative price guide range

🏘️
76
Comparable
📊
$659,000
Area median
⚖️
+8%
vs median
📐
$870
Per m²
📏
822 m²
Land
🗓️
1 week ago
Listed

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About this property

*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/IiNRb 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 a solid brick three bedroom home positioned on a generous 822sqm (approx.) allotment, offering outstanding appeal for investors, developers and first home buyers alike. Currently tenanted on a fixed lease and returning $550 per week until 15/7/26, this is a readymade investment delivering immediate income, while also presenting exciting future subdivision or redevelopment potential (Subject to Approval from Council & All Other Relevant Authorities - STCA). Set behind a spacious frontage, the home offers a practical and comfortable layout designed for everyday living. The inviting lounge room is filled with natural light and features beautiful Baltic pine floorboards, decorative wall sconces and reverse cycle heating and cooling for year round comfort. Generously sized, it provides the perfect setting to unwind at the end of the day, gather with family or entertain guests in a relaxed and comfortable environment. Positioned alongside the living area, the combined kitchen and meals area provides a functional hub for everyday living. Laminate cabinetry and benchtops offer generous preparation space, while the Chef freestanding electric cooktop and oven, 1.5 sink with mixer tap and durable linoleum flooring ensure practicality for busy households. Whether enjoyed as is or updated to suit your own style, the space offers plenty of potential to add value over time. Three well proportioned bedrooms branch off the central hallway, providing comfortable accommodation for families, tenants or guests. The master bedroom and bedroom two are finished with pine floorboards that add character, while bedroom three features carpet underfoot. Centrally positioned, the bathroom is equipped with a shower and vanity, while a separate toilet located off the laundry adds convenience for busy households. Stepping outside, the flat roof verandah provides a fantastic space for year round entertaining while overlooking the expansive backyard. Fully fenced and offering an abundance of open space, the rear yard presents endless possibilities for children and pets to enjoy, future landscaping projects, extensions or potential redevelopment opportunities (STCA). Two sheds provide valuable storage, while double rear gates offer convenient off street parking access for additional vehicles, trailers or equipment. Key features you'll love about this home: - Solid brick construction - 822sqm (approx) allotment with development potential (STCA) - Reverse cycle air conditioning unit in the lounge - Baltic pine floorboards that add character - Flat roof verandah for year round entertainment - 2 x sheds offering valuable storage space - 2x rainwater tanks - Double gates to the rear for off street parking Perfectly positioned for convenience, the home is within walking distance of local bus stops, Clifton Gardens and Playground, while Elizabeth City Centre is only moments away for shopping, dining and everyday essentials. Families will appreciate the proximity to Elizabeth Grove Primary School and Playford International College, while Adelaide CBD can be reached in approximately 40 minutes. Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect! Year Built / 1957 (approx) Land Size / 822sqm (approx) Frontage / 17.98m (approx) Zoning / GN - General Neighbourhood Local Council / City of Playford Council Rates / $2,036.19pa (approx) Water Rates (excluding Usage) / $705.20pa (approx) Es Levy / $125.45pa (approx) Current Rental / $550pw until 15/7/26 Estimated Rental / $550-$590pw Title / Torrens Title 5256/370 Easement(s) / Subject to service easement for sewerage purposes - See Title Encumbrance(s) / Nil Internal Living / 98.8sqm (approx) Total Building / 159.5sqm (approx) Construction / Solid Brick 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/x1D6J2 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.

Property Features

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    Repayment calculator

    $3,466/month
    $1,733 /fortnight
    Loan $572,000 at 6.10% over 30 years

    Upfront costs

    Deposit$143,000
    Stamp duty$33,155
    Conveyancing (est.)$2,000
    Total upfront$178,155
    Verify with SA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    1
    Land Area
    822m²
    Listed
    1 week ago

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