An outstanding opportunity for investors seeking a modern, low-maintenance property with immediate rental income already in place. First Sold in early 2026, this beautifully designed three-bedroom residence combines contemporary architecture, quality finishes and everyday practicality. The property is currently leased to a corporate tenant for $700 per week, providing an immediate gross rental income of approximately $36,400 per annum. The gross rental yield at approximately 5%. Contemporary Design with Quality Finishes From its striking street presence and landscaped frontage to its carefully planned interior, the home has been designed to deliver modern comfort without the burden of extensive upkeep. At the centre of the floorplan is a bright, open-plan living and dining area filled with natural light. This inviting space flows effortlessly to a private outdoor courtyard, creating an ideal setting for everyday relaxation, family living or entertaining guests. The home features three generously proportioned bedrooms designed with comfort and storage in mind. The master suite provides a private retreat with a spacious walk-in robe and contemporary ensuite. The remaining bedrooms include built-in robes, making the property suitable for families, professionals or supported residential accommodation. The main bathroom is finished to an impressive standard, featuring floor-to-ceiling tiles and a freestanding bathtub that creates a luxurious, spa-like atmosphere. Property Features: - Three generous bedrooms - Built-in robes to the secondary bedrooms - Master bedroom with walk-in robe and ensuite - Designer kitchen with stone benchtops - 900 mm stainless-steel appliances - Soft-close kitchen cabinetry - Light-filled open-plan living and dining - Private outdoor courtyard - Main bathroom with floor-to-ceiling tiles - Freestanding bathtub - Ducted reverse-cycle air conditioning - Secure garage with internal access - Additional driveway parking - Landscaped front and rear gardens - Low-maintenance modern construction - Convenient Elizabeth Location The property is positioned to benefit from the continuing growth and revitalisation of Adelaide’s northern suburbs. Elizabeth City Centre is approximately one kilometre away, providing convenient access to major retailers, supermarkets, cafés, restaurants, entertainment and essential services. Elizabeth Railway Station is also within easy reach, offering regular public transport services and a direct connection to the Adelaide CBD. Main North Road and Philip Highway provide additional access to surrounding employment, retail and commercial precincts. Nearby education options include: Elizabeth Grove Primary School Playford International College Hope Christian College St Thomas More School The Lyell McEwin Hospital precinct is also nearby, while Ridley Reserve, Elizabeth Oval and other recreational facilities provide convenient lifestyle amenities. A Ready-Made Investment With a secure lease already established, strong gross rental income and minimal immediate maintenance requirements, this property offers investors the opportunity to acquire a near-new asset with income from day one. Prospective purchasers should undertake their own assessment of the net return, including management fees, council rates, insurance, sewer charges, maintenance and other ownership expenses. Contact the listing agents today to obtain further information or arrange an inspection. Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate. However, no responsibility is accepted, and all liability is disclaimed, for any errors, omissions, inaccuracies or misstatements. Rental income, lease details and property outgoings are subject to the existing tenancy agreement and should be independently verified by prospective purchasers and their legal or financial advisers. Any reference to rental return is a gross figure only and does not represent a guaranteed net return or future rental increase. Prospective purchasers should make their own enquiries and obtain independent advice before entering into any transaction.
